In a recent blog post, the International Securities Lending Association (ISLA) reminded market participants that “if you are still working on the assumption that adding bodies to a challenge is the way to fix things, I do hope you realise that the old approach has run its course”.
One of the new approaches highlighted at ISLA’s 30th Annual Securities Finance & Collateral Management Conference relates to the Common Domain Model (CDM), which the Fintech Open Source Foundation (FINOS) was selected to host. We speak with FINOS’ team at the non-profit industry association’s Open House about the current phase of CDM adoption and the Financial Desktop Connectivity and Collaboration Consortium [FDC3] standard.
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