The just-completed interleague series between the Yankees and Reds in Cincinnati probably had some people reflecting on the 1976 World Series, when the Bombers were swept out in four straight by the Big Red Machine of Pete Rose, Joe Morgan and Johnny Bench.
In finance, standards can take years to define as working groups from banks, securities firms and depositories meet repeatedly to hash out what needs to be in a message and ways to make it machine-readable so the communication can be handled by computers with straight-through processing (STP) and not require any expensive, time-consuming and error-inducing human intervention.