ANSI lauds standards at NASDAQ market open ceremony.
Press Release Summary:
ANSI led the NASDAQ market open ceremony on April 7, 2009 in New York City. Therein, ANSI president and CEO S. Joe Bhatia gave a speech that highlighted contributions that standards and conformity assessment make to the global economy. A few he cited included check size/configuration, messaging protocols, and credit card numbering systems. Closer to home, Mr. Bhatia also mentioned "the hardware and software platforms used to power the NASDAQ stock market itself."
Original Press Release:
ANSI Leads NASDAQ Market Open Ceremony in New York City
New York April 7, 2009
The American National Standards Institute (ANSI) led the NASDAQ market open ceremony on April 7, 2009, in New York City. The ceremony was broadcast live from NASDAQ MarketSite in Times Square to millions of viewers worldwide, and is available for playback here.
ANSI president and CEO S. Joe Bhatia gave a speech at the opening ceremony that highlighted the contributions that standards and conformity assessment make to the global economy.
"Just as standards impact all industry and service sectors, they make an enormous contribution to the financial services world," said Mr. Bhatia. "Every day, you come into contact with standards: the size and configuration of checks, protocols for messaging, numbering systems for credit cards and securities transactions, and even the hardware and software platforms used to power the NASDAQ stock market itself.
"Simply put, standards and conformance boost business," Mr. Bhatia continued. "When used effectively, they can build consumer confidence and restore trust, provide extra cost savings, increase efficiencies, attract and retain customers, foster innovation, and facilitate trade - enabling companies to survive, grow, and thrive.".
