Exploring Interconnected Business Relationships
By Michael Goldberg, Content Marketing Director at Dun & Bradstreet How much do you really know about the companies you do business with day in and day out? Sure, you may understand how your growth is affected by dealings with a supplier you’ve worked with for over a decade. But what about the association that...
Avox Sets Out Development Plans for 2016
Avox has set out its development plans for 2016, including the introduction of a sanctions screening service, support for MiFID II compliance and enhancements to its managed and Know Your Customer (KYC) services. The company, a specialist in entity data services, will also work with its parent DTCC and other subsidiaries, such as Clarient and...
CPL Collapses; DTCC’s Avox in Line to Scoop Up Assets
CounterpartyLink is rumoured to have collapsed after falling into financial difficulties and failing to find an investor. Data Management Review understands that DTCC’s Avox is in line to purchase certain assets, thereby eliminating a competitor from the entity data business. A letter was circulated to clients of CounterpartyLink today informing them of the news. It...
Global LEI Foundation and Regulatory Oversight Committee Address Data Quality and Hierarchy issues of Global LEI System
The Global Legal Entity Identifier System (GLEIS) is making significant progress as the Global LEI Foundation (GLEIF) makes operational improvements to the system and the Regulatory Oversight Committee (ROC) prepares a consultation paper on how hierarchy data can be added to the business card data already attached to LEIs. On the operational front, the GLEIF...
Bloomberg Hires Richard Robinson to Promote the FIGI
Bloomberg has added former Wipro Technologies executive Richard Robinson to its open symbology team. Robinson was hired this month and will work alongside Chris Pickles to raise awareness of the Financial Instrument Global Identifier (FIGI), formerly the Bloomberg Global Identifier, that Bloomberg is promoting as a global standard for securities identification. Robinson has stepped into...
Bloomberg Responds to EMIR and MifID II Consultations With Call for Inclusion of FIGI in Reporting
Bloomberg has responded to a European Securities and Markets Authority (ESMA) consultation on European Market Infrastructure Regulation (EMIR) suggesting the Financial Instrument Global Identifier (FIGI), formerly the Bloomberg Global Identifier (BBGID), should be used as an instrument identifier for reporting under the regulation. While the ESMA consultation opened on November 10, 2014 and closes today,...
Chris Pickles Takes a Leading Role in Bloomberg’s FIGI Campaign
Bloomberg is continuing its campaign to make the Financial Instrument Global Identifier (FIGI), formerly the Bloomberg Global Identifier (BBGID), the world’s primary security identifier with plans to push the FIGI through the ISO standardisation process and showcase organisations benefitting from the use of the identifier. The campaign is being led by Chris Pickles, former head...
London Data Management Summit: Getting to Grips with Entity Data
Entity data management has moved up the agenda over the past year, driven by regulatory requirements, the establishment of the Legal Entity Identifier (LEI) and, in some cases, a desire to centralise and provide enterprise-wide access to entity data. A-Team Group’s London Data Management Summit discussed the progress of entity data management, as well as...
AIM Acquisition of Joss Technology Adds Entity Data Application and US Presence
AIM Software’s acquisition of Joss Technology will add an entity data business application to AIM’s Gain data management platform, as well as US based employees and customers who will help to power the company’s ‘go west’ strategy. The terms of the acquisition have not been disclosed, but once it is complete, Joss Technology will be...
CounterpartyLink Accelerates Entity Data Delivery with Datactics’ FlowDesigner
CounterpartyLink is accelerating provision of legal entity data to its customers through the integration of Datactics’ data quality and matching software with its workflows. Realising the need to increase the speed of entity data delivery and reduce manual data matching processes across its database of over 350,000 entities, CounterpartyLink contemplated building its own data matching...