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 Global Services Enhances Products and Services to Improve Market Efficiency and Transparency

Subscribe to our newsletter

CUSIP Global Services (CGS) has implemented a series of product and service enhancements designed to improve the efficiency and transparency of financial markets. Provided at no additional cost to CGS customers, these improvements include an expansion of the standard CUSIP data field, the introduction of a series of counterparty risk reports, and infrastructure improvements to the Association of National Numbering Agencies (ANNA) Service Bureau.

This is CGS’ first major uplift of its products and services since it was acquired by FactSet from S&P Global in March 2022, as the latter was required to divest the organisation to merge with IHS Markit. As part of FactSet, CGS is managed on behalf of the American Bankers Association by FactSet Research Systems, with a board of trustees that represents the voices of leading financial institutions.

CGS new product and service enhancements include:

13(f) data field added to CUSIP feed: SEC Form 13(f) is a quarterly report that must be filed by all institutional asset managers with $100 million or more under management. In January of 2023, the SEC put in place new rules to require electronic filing of the form, along with amendments to modernise the form and enhance information provided. Effective 12 January 2023, CGS integrated a 13(f) data field across its CUSIP ACCESS and data feed products, allowing users to identify and add the 13(f) classification to existing security master files.

Counterparty risk reports: In response to recent market and geopolitical crises, such as the collapse of Silicon Valley Bank and Signature Bank, and the introduction of US sanctions on Russia, CGS has begun producing a series of counterparty risk reports that provide a listing of all CUSIPs issued for the affected firms and their associated entities. The reports include all relevant CUSIP, ISIN, security description and security type data fields and are available free of charge to CGS customers.

Association of National Numbering Agencies (ANNA) Service Bureau tech infrastructure improvements: In collaboration with its operating partner, SIX Financial, CGS has implemented a series of technology and infrastructure improvements to the ANNA Service Bureau (ASB), a global hub of primary source ISIN data. The enhancements, implemented on behalf of ANNA, introduce new data attributes, data quality tools and an improved user interface, all supporting support the implementation of the revised ISIN standard ISO 6166.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Best practices for creating an effective data quality control framework

Data quality is critical to capital markets processes from identifying counterparties to building customer relationships, regulatory reporting, and ultimately improving the bottom line. It can also be extremely difficult to achieve. One solution is a data quality control framework that includes an automated and systematic process that monitors the state of data quality and ensures...

BLOG

DTCC Releases LIBOR Benchmark Replacement Index Solution

The Depository Trust & Clearing Corporation (DTCC) has released a new LIBOR Benchmark Replacement Index solution to support the industry’s transition from LIBOR benchmark rates to Secured Overnight Financing Rate Data (SOFR) as well as other new fallback rate indices by 30 June 2023. The solution will allow users to view information for over 100,000...

EVENT

RegTech Summit New York

Now in its 6th year, the RegTech Summit in New York will bring together the regtech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

ESG Handbook 2023

The ESG Handbook 2023 edition is the essential guide to everything you need to know about ESG and how to manage requirements if you work in financial data and technology. Download your free copy to understand: What ESG Covers: The scope and definition of ESG Regulations: The evolution of global regulations, especially in the UK...