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Items tagged with "Standardisation"

Sustainable Finance Standardisation

A new ISO Technical Committee (TC), TC322, has been set up to promote standardisation within sustainable finance. The committee will produce standards that will support sustainable economic activity. The hope is to integrate sustainability, environment, social and governance metrics within investment decision making. Expert members of the committee include Karla Mckenna from GLEIF  and the XBRL International Best […]

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US Surety Working Group Review Standards

As mentioned above, the US Surety Working Group have been developing the XBRL US WIP Taxonomy to be used by contractors filing to the SBA. This week the Working Group, which is comprised of surety carriers, bond agents, and software companies, also published a draft release of the Contractors Financial Taxonomy. The Contractors Financial Taxonomy […]

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Structured Data for State Government

In an article on The Bond Buyer this month Marc Joffe makes the case for municipal market data standards. Data and technology featured frequently at the Bond Buyer National Municipal Summit, with concerns coming from data vendors and issuers. However, Joffe points out that municipal bondholders are merely one group amongst many with a stake […]

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News Item

Standardisation: The Right Path

Standardisation is widespread in society and a crucial component of the modern economy. In a new paper this week, The Data Standardization Challenge, Professors Richard Berner of the NYU Stern School of Business and Kathryn Judge of Columbia Law School look at what slows down the development of financial services standards. They point out that standardisation […]

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Structured Business: How can Structured Data Improve Outcomes?

Standardisation, be it in the realm of technology or definitions/semantics, is essential for clarity, comparability and efficiency.

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