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

Telekurs Financial Implements IBEI Codes

Subscribe to our newsletter

Broadening the adoption of a standard identifier for business entities, Telekurs Financial has implemented the International Business Entity Identifier (IBEI) codes for its Valordata Feed (VDF) and its financial display Telekurs iD. The vendor has been working on this implementation since June 2007 in order to allow European customers to identify participants in the processing chain of cross-border securities trading via IBEI codes.

Eight European countries have so far adopted the IBEI, but it has failed to gain the backing of countries such as the UK and the US during the second ballot on its introduction last year. The countries that have adopted the standard currently comprise Switzerland, France, Luxembourg, Liechtenstein, Belgium, Germany, Austria and Spain.

Telekurs has thrown its weight behind promoting wider use of the standard in Europe and reports that it has been strengthening its cooperation with the National Numbering Agencies with this in mind.

“The industry has been struggling for the last 10 years to agree on an IBEI concept. Telekurs Financial believes that the scheme of the IBEI code, as implemented by various Numbering Agencies, is an important step towards helping the global financial industry standardise the securities processing chain and thereby minimise the inherent operational risks of financial transactions,” says Nourredine Yous, head of data quality and development at Telekurs Financial.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Countdown to MiFID II

MiFID II is dominating trading technologists’ thoughts in 2016. What has been achieved so far and what is still to be done? What elements of the regulation are proving most difficult – perhaps algo testing, classification or surveillance? – and how are regulators responding? Listen to the webinar to find out about: State of play on...

BLOG

The Case Against Ripping and Replacing: Why Capital Markets Firms Should Build Intelligence Into What They Already Have

By Neil Vernon, Chief Product Officer, Gresham. For years, capital markets firms have faced the same challenge: modernising sprawling, legacy data systems. Each attempt follows a familiar pattern – ambitious platform overhauls, eight-figure budgets, years of disruption – yet the old systems often remain in use long after the new ones are live. Replacing systems...

EVENT

TEST Event page 1

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

AI in Capital Markets Handbook 2026

AI adoption in capital markets has moved into a more disciplined phase. The priority is now controlled deployment: where AI can be used safely, where it can deliver measurable value, and how outputs can be governed, monitored and evidenced. The 2026 edition of the AI in Capital Markets Handbook examines how AI is being applied...