One of the key ADS business social media hashtags is #NotAnotherTemplate. What does it mean and why do we use it?
#NotAnotherTemplate is the ADS tagline promoting the fact that ADS does not compete with nor overwrite the progress made to date in the PE space. Instead, the role of ADS is more so that of an extension of industry efforts because ADS is focused not on changing existing templates but on standardizing the technical language used in electronic reporting files (through tagging and data definitions) of PE reporting. #Optimisation is the goal.
Templates are clearly part of the journey and a natural step forward towards standardization. An ADS data standard will allow for the automated exchange of reporting files from and into any system through a common, electronic reporting language.
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