RIXML v3.0 Initiative - September 2023 update
At the June quarterly RIXML all-member meeting, Sal Restivo provided an update on the status of the project to develop the next version of our standards - RIXML v3.0. The slide presentation can be found here, and a summary is as follows:
Since the last quarterly meeting in June, significant progress has been made on the release candidate. Page 4 of Sal’s presentation gives a helpful overview of each of the key enhancement areas and their status.
In addition to the work on ESG that Don covered earlier, we are finalizing several aspects of the release that will involve significant change:
In addition to the work on ESG that Don covered earlier, we are finalizing several aspects of the release that will involve significant change:
- we are updating the asset class/asset type/security type tags to create a nested structure: this is encouraged and implied in the current standard, but will be structured in a tree structure in v3.0, better representing the relationships among these three tags
- we will be adding support for tagging components, such as embedded charts and graphs.
- we will be enhancing the ability to make connections between different research items and between research items and non-research content; this will provide improvements for episodic content, podcast seasons, etc.
- the Entitlement tag set will be streamlined
- tags will be added to allow publishers to add expected search terms and to indicate that automated tagging has been applied
Next steps:
- finalize the ESG approach
- assess the impact of changes across all RIXML standards
- complete schema development
- test and validate
- update documentation
- comment period and production release
Timing:
We expect the candidate release to be ready toward the end of this year or early next year, with our traditional 30-day public comment period. It will take some time for firms to move to a different version, and are happy to answer any questions firms may have during this process.
Getting the right information to the right people at the right time
Deirdre provided an update on the documentation and enumeration list updates that will be part of the transition to RIXML v3.0.
Because the members of RIXML are the experts in research and interaction content, we would like all member firms to consider reaching out to their taxonomy and/or research tool training experts for their input. See pages 11-14 of the presentation for more information about the input we need.
