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 Service Bureau’s New Web-Based System Streamlines Request Process

Subscribe to our newsletter

The CUSIP Service Bureau (CSB), the provider of unique issuer and instrument identifiers operated for the American Bankers Association by Standard & Poor’s (S&P), has introduced CUSIP Request, a new web-based system for processing requests for securities identifiers.

Together with its internal IT team, S&P created a web-based prototype that enabled customers to attach documents directly to the CUSIP Request application. It then tested the functionality at both the user end and the CUSIP data collection end to make sure that it worked efficiently for both parties, it says.

Commenting on the launch of the CUSIP Request functionality, Peter McNally, assistant manager – operations, for Standard & Poor’s Securities Classifications, says: “We decided to launch a web-based request service to align us with our goal in making all of the CUSIP Service Bureau’s operational systems web-based by the end of 2008. This was the first step towards that goal.”

The old CUSIP Request functionality did not allow direct document attachments. Once a customer filled out the online application, they were directed to email the supporting documents. This created double the work for the customer and was somewhat time-consuming, according to the vendor. In addition, it forced the CUSIP representative to search for the request in two separate locations (email logs and the online app log).

The improved service allows applicants seeking CUSIP identifiers to apply for CUSIP numbers through the website www.cusip.com and attach supporting documents directly on to the online application. After clicking on the “CUSIP Request” link on the left-hand side of the home page, they are able to provide their contact information, the specific details of the issuance, and attach up to five documents that relate specifically to the offering. Requestors receive a 10 per cent discount per request for using the online CUSIP Request System.
“In addition to receiving a 10 per cent discount for applying online, customers are receiving their CUSIP numbers in a more timely fashion. This will enable them to meet various deadlines, including TRACE reporting requirements, on a consistent basis,” adds McNally.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: How to simplify and modernize data architecture to unleash data value and innovation

The data needs of financial institutions are growing at pace as new formats and greater volumes of information are integrated into their systems. With this has come greater complexity in managing and governing that data, amplifying pain points along data pipelines. In response, innovative new streamlined and flexible architectures have emerged that can absorb and...

BLOG

Modern Data Landscape Comes Under Scrutiny at Data Management Summit London

From data products and marketplaces to the new challenges of regulatory compliance and the latest thinking on unstructured data, A-Team Group’s Data Management Summit London 2025 took in the full breadth of topics that chief data officers and their teams are dealing with daily. With a line up of C-suite executives and expert speakers from...

EVENT

Data Management Summit London

Now in its 16th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

Entity Data Management Handbook – Third Edition

Welcome to the third edition of the Entity Data Management Handbook which is available for free download. In this updated edition we delve into the role entity data plays in the smooth running of financial institutions and capital markets, the challenges of attaining high quality data, and various aspects, approaches and technologies involved in managing...