About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

ANNA Forms Technology Taskforce to Look at Standard Identifiers for Digital Assets

Subscribe to our newsletter

The Association of National Numbering Agencies (ANNA) has formed a Technology Taskforce (TF-22) on digital assets to look at how standard International Securities Identification Numbers (ISINs) could be used to identify assets such as tokens and cryptocurrencies.

This push for standards harmonisation reflects ANNA’s aim to support a transparent, compliant and efficient financial markets structure, and addresses a market that does not yet use standard identifiers and related reference data.

The taskforce will assess the role and scope of ISINs in respect to digital asset identification and provide recommendations on the potential benefits of creating guidelines for the assignment of ISINs to all kinds of digital assets including asset tokens, payment tokens, utility tokens and hybrid tokens.

Uwe Meyer, executive director and secretariat at ANNA, says: “With digital assets emerging as a new investment class, the availability of quality, standardised reference data will serve as the foundation for a trusted token market. We hope the taskforce will ensure that we continue to use the ISIN standard wherever we can be sure it will be of most use to the industry.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Unpacking Stablecoin Challenges for Financial Institutions

The stablecoin market is experiencing unprecedented growth, driven by emerging regulatory clarity, technological maturity, and rising global demand for a faster, more secure financial infrastructure. But with opportunity comes complexity, and a host of challenges that financial institutions need to address before they can unlock the promise of a more streamlined financial transaction ecosystem. These...

BLOG

Alteryx QnA: Automating Data and Analytics Transformations

California-based Alteryx has been helping financial institutions solve complex analytical tasks for more than a quarter of a century. Data Management Insight spoke to Jon Pexton, chief financial officer, to find out what drives the company and how its services benefit its clients. Data Management Insight: Hello Jon, when was Alteryx created and how does...

EVENT

TEST Event page 1

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

The Reference Data Utility Handbook

The potential of a reference data utility model has been discussed for many years, and while early implementations failed to gain traction, the model has now come of age as financial institutions look for new data management models that can solve the challenges of operational cost reduction, improved data quality and regulatory compliance. The multi-tenanted...