Rights Automation for Market Data Community Group Proposed

The Rights Automation for Market Data Community Group has been proposed:

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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
Specifications.

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).

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You are invited to support the creation of this group:
  http://www.w3.org/community/groups/proposed#md-ordrl-profile

Once the group has a total of five supporters, it will be launched and
people can join to begin work. Once launched, the group will no longer
be listed as "proposed"; it will appear in the list of current groups:
  http://www.w3.org/community/groups/

In order to support the group, you will need a W3C account. To request one:
  http://www.w3.org/accounts/request

If you believe that there is an issue with this group that requires
the attention of the W3C staff, please send us email on
site-comments@w3.org.

Thank you,
W3C Community Development Team

Received on Thursday, 12 March 2020 21:21:03 UTC