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

IBEI Suppliers Tout Their Wares At London Gathering

Subscribe to our newsletter

A number of suppliers of business entity identifiers got together to tout their wares to a small assembled crowd of practitioner firms in London earlier this month under the ISITC banner. Although there is an ISO process underway for a naming convention related to International Business Entity Identifiers (IBEI), this is a slow process and it may at least a year or two before any fruits of this labour are seen. Institutions still need a solution to the ever-growing problem of entity identifiers for regulatory purposes (KYC and AML for example), and no one believes the market will support just a single supplier. Instead, the aim is to encourage vendors to talk to each other and hope for agreement on contentious issues. As such presentations were given by firms including Accenture, Asset Control, Azimuth’s Azdex (reportedly teaming up with Deutsche Borse), Cicada’s Counterparty Link, Coexis, Dun & Bradstreet, Oracle, Standard & Poor’s, and others. Some firms declined to present their offerings with other competitors in the room, or were not ready in time. Companies including Adsatis’ CreditDimensions, IBM, London Stock Exchange and SunGard did not present. According to several attendees, however, it is not clear what direction ISITC intends to take to follow up on this meeting.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Taking a holistic approach to buy-side data management

As data volumes and complexity continue to increase, buy-side data management is at an inflection point. Manual processes and data siloes are no longer fit for purpose, and firms need to take a more holistic approach to data management that not only reduces manual intervention and cost, but also increases data access and accuracy for...

BLOG

BTP is on a mission to build trust in capital markets, Chronicle is its digital provenance solution

Provenance can be a problem, but there are answers as vendors such as BTP move into the space with solutions that help financial institutions gain confidence in the provenance of capital markets related assets such as data, financial instruments, commodities, and regulatory reports. The company’s digital provenance solution, Chronicle, was made generally available in autumn...

EVENT

ESG Data & Tech Summit London

The ESG Data & Tech Summit will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.

GUIDE

A-Team Group’s Valuations Vendor Directory 2009

An indispensable guide to valuations professionals seeking providers of services in the asset valuations market. A-Team Group’s latest release in its series of directories – available for FREE download – focuses on vendors of valuations data, models and analytics. But this is not just another list of firms with their telephone numbers – you can get that...