Standards junkies vent frustrations

At a Sibos open forum, audience members point to a gap in internal communications as an obstacle to standards adoption.

In one of the more unorthodox sessions at Sibos 2005, experts from the audience were encouraged to speak about the positives and negatives surrounding the issue of standardization in the securities market.

Hosted by Global Custodian editor-in-chief, Dominic Hobson, self-confessed standards junkies engaged in a free-flow of ideas to identify obstacles hindering further progress, discuss ways of improving standards and ponder the notion of compulsory standard adoption.

With his wit, Hobson humoured the crowd from the onset with anecdotes about the industry. Following establishment of the objectives, he opened the floor to delegates to share grievances about the ongoing problems of standards adoption in the securities space....

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