London
09 March 2017
Reporter: Stephanie Palmer
New TAG team to focus on technology standards
The International Standards Organisation and the Financial Services Committee have formed a new global committee, focused on driving technology and data standards in financial services.

The Fintech Technical Advisory Group (TAG) is intended to provide a proactive dialogue between financial institutions, regulators, the supply chain and financial technology companies, with a focus on driving standards for secure global commerce.

It will act as an advisory entity, providing a platform for dialogue on the growing need for data and technology standards.

Working with fintech communities, including public sector bodies, the group will promote the adoption and implementation of consistent standards; address common issues collaboratively and consistently; and encourage open-minded communication and sharing of information around financial services standards.

The Fintech TAG will be co-charied by Stephan Wolf, CEO of the Global Legal Entity Identifier Foundation, and Nick Cliff, head of emerging technology at the Australian Payments Clearing Association. PJ Di Giammarino, CEO of JWG-IT Group, will act as secretary of the group.

In a joint statement, Wolf and Cliff said: “We look forward to helping the industry take this huge step forward as we provide the platform for the collaboration of internationally-renowned experts in innovative areas such as identity solutions and exchange of regulatory data.”

Di Giammarino added: “At this important juncture where public and private sectors realise the importance of common standards for business as well as regulation, I’m delighted to be able to support this global initiative of top experts.”

More technology news
The latest news from Asset Servicing Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
LSEG and IBM partner for SME blockchain
20 July 2017 | London | Reporter: Drew Nicol
The framework will be built on Hyperledger Fabric version 1.0 and hosted by The Linux Foundation
New OMS launches to support firms in MiFID II
19 July 2017 | London | Reporter: Stephanie Palmer
London-based financial technology start-up Hedgd has launched its cloud-based order management system, to support firms in compliance with the second Markets in Financial Instruments Directive
European banks join forces for SME blockchain venture
14 July 2017 | Paris | Reporter: Drew Nicol
Paris Europlace, along with seven European banking partners, has launched LiquidShare, post-trading blockchain infrastructure for the small and medium enterprise market
Financial institutions seeking blockchain buffs
13 July 2017 | London | Reporter: Stephanie Palmer
The increased use of blockchain technology in financial services is leading institutions to seek new recruits with skills in the technology, according to research from recruiter Robert Half
Hyperledger Fabric 1.0 goes live
12 July 2017 | London | Reporter: Drew Nicol
Blockchain developer Hyperledger has achieved a “huge milestone” with the launch of Hyperledger Fabric 1.0, according to IBM chief technology officer of open technology Chris Ferris
R3 working with Intel on Corda security
12 July 2017 | New York | Reporter: Stephanie Palmer
R3 is collaborating with Intel to improve data privacy and security for Corda, its distributed ledger technology platform
Profile acquires treasury software provider
11 July 2017 | London | Reporter: Stephanie Palmer
Financial solution provider Profile Software is set to acquire 100 percent of Login, an international provider of treasury software
More technology news