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Thanks David

XBRL will not solve all the problems at once but it will start a logical starting point by cementing Issuer data at the point of creation. This will remove the Golden Copy hunt and in one swoop eliminate the need for such technology.

It also allows ISO20022 to become a path to allow the retail market web access to reliable Issuer data. By tackling the retail market and investors it should bubble up through to Brokers and the Custodians. It is the apalling Custody service that is creating many of the industry problems.

XBRL will link the Issuer (Company Secretary Department) with the market and will be of huge value to the Issuer who can ensure the market gets accurate and fast Corporate Data and not put their share price at risk. The Issuer will also service their investors by reducing the costs and risks that they currently pay (All though they dont know it)

Welcome to the Group and i look forward to your input as we create a XBRL push in the UK and Europe from Issuers down and investor up 

This area of the industry is in bad need of help and looks like its going to get it with SmartStream. A very timely move for all i think

Really not holding my breath on T2S but it must be given a chance to work and more positive discussions on resolving problems would help. Sometimes this industry has to be dragged kicking and screaming like a child to achieve whats good for them

This is really good news and deserves a chance to succeed More light shinning at SIBOS

Well done SWIFT 

Lets hope that SA keep this as a business led project and not get tied up with politics and red tape like in the EU. SEPA is for the consumer and corporate customer and must be not delayed or messed about by Banks. Good luck SA

How fast is fast? Over recent years Stock Exchanges and MTFs has gone nuts over speed but is it really needed? Logically Physics says that there is a ceiling on how fast technology can go. The speed of light is some way from being cracked. I can only conclude that eventually all venues will be at the same speed. What then is the difference? Value added looks like becoming the winning combination 

I wonder how many would actually vote with their feet? Changing banks is a rare action by corporates and consumers alike. Personally i would advocate everyone changing if the service and price is not right. A certain way to shake up a very cosy bank

Well that is a suprise! This survey could have been done anytime over the last twenty years and got the same result. A non news story i am afraid. Just hope it did not cost too much

Finally we might see some urgency even if the banks will be draging their feet all the way. What would be useful would by if the ECB insisted on a marketing of SEPA to consumers and SME unaware of what SEPA is and what they should be pushing banks to offer

Great news and this should really fly well and hopefully we can see volume in a short time. No reason for any firm to sit back on this as the cost and risk benefits are obvious.SWIFT may or may not arrive with a comparable solution in time but time is of the essence now as regulators begin to take a close look at market processing capability. A no brainer solution chaps!