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

CUSIP Calls on Financial Institutions to Get More Involved in Data Standards Development

Subscribe to our newsletter

CUSIP Global Services is working in partnership to accelerate data standards development in emerging markets including digital securities and ESG investing. The standards organisation is also working with the ANNA Service Bureau to improve coverage and quality of ISINs, and with regulators and the Derivatives Service Bureau on the introduction of the UPI later this year.

Partnerships with regulators and standards bodies, says CUSIP, are ‘delivering results at a speed not normally associated with the data standards world’, but it warns that a sharp decline in partnerships between financial institutions and data standards bodies is causing a disproportionate interest in standards by a small number of institutions that are not representative of the industry at large.

These standards initiatives, concerns and more will be discussed by CUSIP executives during a keynote presentation at next week’s A-Team Group Data Management Summit Virtual. Scott Preiss, global head and managing director at CUSIP Global Services, will cover the need to prioritise financial and operational resilience, including data sets and standards, in response to the coronavirus pandemic. He will also call for greater industry involvement in data standards development.

Preiss will be joined by Darren Purcell, senior director, EMEA at CUSIP Global Services, who will consider the intersection of regulatory need and standards development, as well as the momentum of data standards such as ISINs and LEIs as they move beyond their initial use cases in regulatory compliance.

Reviewing digital securities and ESG standards, Matt Bastian, senior director of market development at CUSIP Global Services, will outline collaborations behind the formation of the Digital Token Identifier (DTI) and creation of ESG scores that will give investors a view of ESG risk associated with US municipal bond portfolios.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: ESG data sourcing and management to meet your ESG strategy, objectives and timeline

Date: 11 June 2024 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes ESG data plays a key role in research, fund product development, fund selection, asset selection, performance tracking, and client and regulatory reporting, yet it is not always easy to source and manage in a complete, transparent and timely manner....

BLOG

Understanding the Value of Global Identifiers in the Fight Against Financial Crime

By Clare Rowley, Head of Business Operations, GLEIF. Money laundering and terrorist financing create significant systemic risks in the global financial system. The intricate webs spun by fraudsters and criminals to evade detection crisscross national borders and legal jurisdictions, commonly exploiting multiple financial institutions and legal entities. In today’s instant digital economy, this is exposing...

EVENT

TradingTech Briefing New York

Our TradingTech Briefing 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

Regulatory Data Handbook 2023 – Eleventh Edition

Welcome to the eleventh edition of A-Team Group’s Regulatory Data Handbook, a popular publication that covers new regulations in capital markets, tracks regulatory change, and provides advice on the data, data management and implementation requirements of more than 30 regulations across UK, European, US and Asia-Pacific capital markets. This edition of the handbook includes new...