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Rights Automation for Market Data Community Group Launched

From: <public-council@w3.org>
Date: Fri, 13 Mar 2020 12:35:14 +0000
To: "Benedict Whittam Smith" <benedict.whittamsmith@thomsonreuters.com>,"Bob Bailey" <bob.bailey@refinitiv.com>,"Paul Klug" <paul.klug@refinitiv.com>,"Mark Durenberger" <mark.r.durenberger@db.com>,"Mark Bird" <mark@databp.com>,Cc: public-council@w3.org
Message-Id: <E1jCjX0-0007gb-LS@sirius.w3.org>
With your support, the Rights Automation for Market Data Community Group has been launched:

This group was originally proposed on 2020-03-12
by Benedict Whittam Smith. The following people supported its
      Benedict Whittam Smith
      Bob Bailey
      Paul Klug
      Mark Durenberger
      Mark Bird
To join the group, please use:

Please note that supporting a group is different from joining
a group. Supporters must also enroll if they wish to participate.

The aim of the Rights Automation for Market Data Community Group is to
develop and publish a market-data profile for ODRL.

Market data is mostly the pricing and trading data for financial
instruments (and their associated indices) generated by trading venues.
The licenses controlling its use are frequently complex, and tightly
segment the underlying data.

We will model these licenses using ODRL and extend the language with a
profile that defines the new terms required. This group will publish

With a standard, machine-readable way of describing market data
licenses, we can look towards automating rights-management along the
market data supply chain and drive efficiencies in financial markets.

The group welcomes the involvement of domain experts in licensing
(especially market data) and those skilled in modeling licenses
(especially using ODRL).

Thank you,

W3C Community Development Team
Received on Friday, 13 March 2020 12:35:29 UTC

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