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The leading knowledge platform for the financial technology industry

A-Team Insight Brief

Etrading Calls for Standards Experts to Join Digital Token Identifier Advisory Committee

Etrading Software, the exclusive registration authority for the ISO standard for digital token identifiers (DTIs), is calling for industry participants to join its product advisory committee – the application deadline is May 17, 2021. The scope of work includes providing advice on the use of DTIs and the issuance process for the identifiers, as well as advising Etrading on future product enhancements. Etrading states: “We are looking for participants who have expertise in standards, and who appreciate the unique considerations digital assets require when creating effective identifiers.”

Equiduct Partners EOSE to Explore New Data Products

Equiduct, a retail focused pan-European exchange, has partnered EOSE, a market data specialist, to strengthen distribution of its market data products that offer a real-time view of pre-trade and post-trade data. EOSE will provide Equiduct with a team of data sales and business development professionals, allowing Equiduct to concentrate on developing core business strategies, while exploring new data products and routes to market. Equiduct says the partnership provides resource to drive growth and innovation in market data products, while ensuring it remains focused on delivering solutions to enhance the trading experience for its clients and end investors in Europe.

CNP Assurances Group Selects NeoXam to Streamline Data Management

CNP Assurances Group has selected NeoXam’s DataHub to house all its pricing and reference data on a single platform. The group wanted a centralised platform to shorten the time needed for data management processes that were previously handled manually. By providing increased visibility into data underpinning all investible assets, DataHub supports the group’s UChange programme, which aims to develop data optimisation, security and innovation. 

Colombia Pension Fund Selects Charles River Investment Management Solution

Colfondos Pensiones y Cesantías, one of Colombia’s largest pension funds, has selected the cloud-based Charles River Investment Management Solution to manage its domestic and global equity and fixed income portfolios on a consolidated front and middle office platform. The Charles River solution allows Colfondos to meet the demands of its investment process and automate support across asset classes for the geographies it invests in. It also allows the firm to enter new markets in Chile and Peru at enterprise scale by leveraging Charles River’s open architecture platform and interoperability with an ecosystem of liquidity, data and regulatory reporting providers.

Moody’s Completes Acquisition of Credit Data Provider Cortera

Moody’s has completed its acquisition of Cortera, a provider of North American credit data and workflow solutions. The acquisition enhances the company’s risk assessment capabilities and extends its coverage in the small and medium enterprise segment. Cortera also augments Moody’s Orbis database of private company information – acquired along with Bureau van Dijk in 2017 – and enhances its KYC, commercial lending, and supply chain solutions.

GLEIF Collaborates to Accelerate Use of LEIs in Digital Certificates

The Global Legal Entity Identifier Foundation (GLEIF) has collaborated with Certification Authorities (CAs) and Trust Service Providers (TSPs) to extend use of LEIs beyond financial markets in digital certificates. A CA Stakeholder Group is supporting communication between GLEIF, CAs and TSPs as they collectively aim to coordinate and encourage a global approach to LEI usage across digital identity products. Participation has already been confirmed by China Financial Certification Authority (CFCA), DigiCert, InfoCert, Entrust Datacard, ICAI India, and SwissSign. The collaboration follows ISO’s standardisation of the process of embedding LEIs in digital certificates last year.

Refinitiv Highlights 2021 ESG Trends

Refinitiv has released its 2021 ESG Playbook: Stability and sustainability in the investment community. The annual publication explores ESG trends for the year based on conversations with 24 industry leaders. Topics featured include the development trajectory for the ESG investing industry and sustainable finance as a whole, regulatory changes, transparency in ESG reporting, quality of data, and emerging technologies.

SIX Releases Gender Equality Index

SIX has released SPI Gender Equality Index, an index measuring the number of women in top management at Swiss companies. The index is part of the company’s recently introduced ESG Indices family and uses components from the largest 100 companies of the Swiss Performance Index (SPI). To be included in the index, companies must have between 20% and 80% women on the board of directors, and between 15% and 85% on the management board. Marion Leslie, head of financial information at SIX, says: “This index offers a transparent benchmark to measure gender diversity on Swiss companies’ boards and management committees.”

Etrading Named Registration Authority for Digital Token Identifiers

Etrading Software has been named as the exclusive registration authority for the ISOs standard for digital token identifiers (DTIs). With thousands of crypto-assets in the market, there has so far been no standard way to identify one digital token from another. Identifiers conforming to the new standard, ISO 24165 DTI, will be vendor neutral, open, freely available, and global. The first DTIs registered through Etrading are expected to be available by the second half of 2021. The aim is to give buyers, sellers and regulators confidence they are talking about the same digital token.

SIX Invests in Orenda to Offer Real-time, High-frequency ESG Scores

SIX is taking a majority stake in Orenda Software Solutions, a Canadian AI platform specialising in ESG and alternative data sets, and providing real-time, high-frequency ESG scores and insights into a company’s reputation to measure the sustainability and societal impact of an investment. Marion Leslie, head of financial information at SIX, says: “With Orenda we have found the right partner with unique expertise in alternative data sets, data science and ESG. As we bring our capabilities and the expertise of our teams together, we see a lot of opportunities to build new propositions supporting the growth of impact investing.”