STAC Benchmark Council

On 17 September 2007, STAC launched the STAC Benchmark Council, a vendor-neutral body whose purpose is to develop and maintain standard benchmark specifications for technology used in the capital markets.  It is also a forum to gain in-depth knowledge of new technologies and benchmarking best practices.

The council consists of trading firms and their vendors.  Vendors provide input to the standards, but only end-user firms have voting rights.  Membership in the Council is open to all trading firms and vendors of technology used for trading securities.

The first general meeting was on 17 December 2007, held at Credit Suisse in New York. The STAC team presented an overview of the Council: why standard benchmarks are necessary, how the Council is organized, and the role that STAC is playing as a catalyst. To view the presentation, click here .  For an annotated version, click here .  (You must be a registered  STAC subscriber to download these.  To register for free, click here .)

For more details on the Council, please peruse the FAQ.

For details on Council working groups, please see "How STAC working groups work".

If your firm trades securities or supplies technology that is used to trade securities and you would like to join the Council, please contact council@stacresearch.com to request a membership agreement.  If your organization supplies tools, consulting, or other ancillary products and services, or if you are with a university, analyst firm, or media outlet, feel free to contact the same email to request an Affiliate membership application.  We expect to admit affiliate members later in 2008.