Any action or condition that adds friction, opacity and/or cost to transaction processes detracts from the value sought by the principal parties in a trade. Proprietary market identifiers add unnecessary complexity and risk to the trading community. An open symbology framework for financial instrument identifiers can help the entire community of interest eliminate layers of complexity, introduce process transparency and reduce both operational risk and cost. Organizations can redirect resources to optimize efficiency or drive innovation. This whitepaper describes how open symbology will affect the securities industry.
*Whitepaper content is specific to Financial Industry Executives*.
DatacenterDynamics is a brand of DCD Group, a global B2B media and publishing company that develops products to help senior professionals in the world's most ICT dependent organizations make risk-based infrastructure and capacity decisions.
Our portfolio of live events, online and print publishing, business intelligence and professional development brands are centred on the complexities of technology convergence. Operating in 42 different countries, we have developed a unique global knowledge and networking platform, which is trusted by over 30,000 ICT, engineering and technology professionals.
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