There is broad agreement on the need for the standard and we've achieved consensus on its parameters. The goal for the draft release of Version 1.0 of the standard is June 2001. The technical committee is looking to produce a draft functional specification for the March 21 meeting. The vocabulary committee is looking to produce a draft data dictionary for the March meeting. Please read the results from the February 27 Technical and Vocabulary meeting .
Input is requested.
In essence, complete transparency of data fields. A residual benefit of this process could be to solve the problem of closing price discrepancies among vendors since every data field will need to be mapped to the MDDL standard definition. The next ANNA User Group meeting is March 14 in Zurich. The ASB has agreed to outline both the business and technical specifications for the new service as the primary discussion document for the March meeting. We will provide a summary of the discussion and an indication of where the negotiation is headed.