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: End-to-End Lineage for Financial Services: The Missing Link for Both Compliance and AI Readiness

The importance of complete robust end-to-end data lineage in financial services and capital markets cannot be overstated. Without the ability to trace and verify data across its lifecycle, many critical workflows – from trade reconciliation to risk management – cannot be executed effectively. At the top of the list is regulatory compliance. Regulators demand a...

BLOG

The Case Against Ripping and Replacing: Why Capital Markets Firms Should Build Intelligence Into What They Already Have

By Neil Vernon, Chief Product Officer, Gresham. For years, capital markets firms have faced the same challenge: modernising sprawling, legacy data systems. Each attempt follows a familiar pattern – ambitious platform overhauls, eight-figure budgets, years of disruption – yet the old systems often remain in use long after the new ones are live. Replacing systems...

EVENT

TradingTech Summit New York

Our TradingTech Summit in New York is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.

GUIDE

Risk & Compliance

The current financial climate has meant that risk management and compliance requirements are never far from the minds of the boards of financial institutions. In order to meet the slew of regulations on the horizon, firms are being compelled to invest in their systems in order to cope with the new requirements. Data management is...