Two Data Managers Provide Feedback on Bloomberg’s BBGID
Bloomberg may be making a big song and dance about its open symbology initiative (BSYM), but it’s the data vendor’s Bloomberg Global ID (BBGID) that has caught the attention of many Reference Data Review readers. Two intrepid data managers have provided their feedback on the identifier’s potential for the market, which (rumour has it) Bloomberg has promised...
Credit Suisse Adopts SSPA Terminology for Structured Products
Credit Suisse announced today that from the start of January 2011, the bank will align the terminology for its structured products with the categorisation model of the Swiss Structured Products Association (SSPA). This step is a measure to increase coherence of terminology and the comparability of products in the future. Credit Suisse has decided to...
Fortune SGAM Adopts Omgeo Alert and Omgeo CTM Via Hundsun
Omgeo, the global standard for post-trade efficiency, today announced that Fortune SGAM, one of China’s leading investment management firms, is the first company to go live on the Omgeo-Hundsun interface for cross border post-trade processing. The Omgeo-Hundsun interface was established in June 2010 after the two companies entered into a global alliance agreement the previous...
Omgeo ALERT Furthers Market Leadership with More Than 500,000 Funds Represented Globally
Omgeo, the global standard for post-trade efficiency, today announced that Omgeo ALERT, the world’s largest and most compliant web-based global database for the maintenance and communication of standing settlement and account instructions (SSI), has experienced unprecedented client growth going into 2011 with over 1,700 clients globally. As a result of continued market turbulence and regulatory...
UBS’ Berry Sounds Call for an End to Vendor Identifier Complexity via Regulation, Again
In keeping with his work for the Information Providers User Group (IPUG), David Berry, executive in charge of market data sourcing and strategy at UBS, called for an end to vendor complexity by eliminating the use of proprietary instrument identifiers. “Vendors introduce complexity into the market by attempting to differentiate themselves on the basis of...
CUSIP Global Services Makes its CABRE Business Entity Database Freely Available to CUSIP Customers
CUSIP Global Services (CGS) today announced plans to make its CABRE business entity identifier database freely available to CUSIP customers, effective 1 December. The new standard code, known as a CABRE (CUSIP Avox Business Reference Entity identifier), was created through a strategic partnership between CGS and Avox Limited, a DTCC company. The CABRE database is...
CSB Faces Lobbying on Cusip ID Fees from Three US Industry Associations
Reflecting the general desire within the user community for lower costs and easier access to instrument identifiers, this week, three US-based industry associations have sent a letter to the Securities and Exchange Commission (SEC) asking the regulator to step in and limit the fees that Standard & Poor’s’ Cusip Service Bureau (CSB) charges for its...
CQG Integrates with FOW TRADEdata Xymbology
FOW TRADEdata announced today the integration of CQG instrument codes into its Xymbology product for the futures and options market. Xymbology is an identifier mapping service for exchange-traded futures and options contracts. CQG is a provider of integrated order execution, charting, and analytics for global, electronically traded futures markets. CQG offers real-time and historical data...
DClear Reference Data Services Gain Significant Momentum a Year on From their Launch
SmartStream, the financial Transaction Lifecycle Management specialist, today announced significant progress for its DClear business, a year after its launch. With reference data on the agenda again at this year’s Sibos conference, a utility service model providing clean, consistent reference data as a service has come to the fore as the industry wrestles with data...
Bloomberg Bows to Pressure to Maintain Support for BUID Indefinitely
The migration plans of data giant Bloomberg to gradually move users from its BUID identifier to its new Bloomberg Global ID (BBGID), which is at the heart of its open symbology initiative, have hit a roadblock. Users have exerted pressure on the vendor to step back from the initial migration timeline and to maintain support...