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Project Boat Sets Ambitious Roll-Out Schedule As Markit, Cinnober Are Selected as Suppliers

At 01 Jan 2007 07:46:27 in MM-Trade Reporting, MiFIDMonitor.com    Print Article  Email Article   Full content requires subscription 

Following its selection of key vendors this month, the Boat consortium of nine investment banks that plans to build a trade-reporting utility in support of institutions’ MiFID obligations has set itself an aggressive rollout schedule in order to meet the November implementation date for the directive. With third-party vendor distribution playing a key role as a channel to market for the Boat utility, the group plans to issue a draft technical spec for its platform API next month, followed swiftly by contributor agreements in March (see Table, Page 13).



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