RIXML.ORG ISSUES NEW VERSION OF RESEARCH STANDARD SCHEMA

Posted May 5, 2009

NEW YORK – The RIXML.org consortium of buy-side, sell-side and vendor firms working on an open standard for investment research, has released draft 2.3 of its schema for a 30-day day public comment period.

“We are grateful for the contributions from our members and the efforts of our Technical & Standards and Best Practices committees to bring about this draft release,” says Jack Roehrig, Executive Director, RIXML.org.

RIXML version 2.3 is intended to improve clarity and respond to lessons learned from using the schema in production over an extended period of time.

“We’ve improved the definitions of more than 120 of the enumerated values governing restricted tags throughout the schema,” says Sal Restivo, Credit Suisse, and Chairman of the Technical & Standards Committee, RIXML.org. “We hope this will reduce confusion and corral the breadth of interpretations for these values we’ve seen in the field.”

Schema version 2.3 does not break backward-compatibility with version 2.2.