Linedata Adds Refinitiv Pricing Content to Data Hub

Linedata has expanded its agreement with Refinitiv, an LSEG business, by providing access to the latter’s data sets via its Data Hub cloud platform. The platform, a proprietary API-driven, cloud solution based on micro-services architecture, offers customers access to aggregated and powered data sources. It can be deployed within Linedata’s suite of software solutions and with third-party applications.

The agreement between Linedata and Refinitiv addresses the challenges of front-, middle- and back-office professionals by covering intra-day pricing as well as closing prices of the markets. The Data Hub also meets the needs of investment funds by providing daily closing prices observed by customers.

The Derivatives Service Bureau Calls for Responses to 2023 OTC ISIN Consultation Paper

The Derivatives Service Bureau (DSB) has published the 2023 industry consultation paper related to 2024 OTC International Securities Identification Number (ISIN) and Classification Financial Instrument code (CFI) service provision. The consultation paper focuses on the next steps for the security operations centre investigated as part of the 2022 industry consultation. It also looks at the proprietary index workflow and any industry suggestions for improvement. A review of proposed changes to the release process is also raised in the consultation, as well as the search only API user type fee determination based on the infrastructure and support costs for programmatic connectivity.

Stakeholders have until 31 May 2023 to respond to the consultation paper. The final report will be published on 30 June 2023.

SSImple Unveils SaaS DLT Platform to Transform Standing Settlement Instructions Management

SSImple, a SaaS DLT platform, has launched a post-trade offering aiming to revolutionise the way standing settlement instructions (SSIs) are stored, shared, and enriched across the financial services industry. With incorrect SSI data or usage accounting for 30% of settlement failings according to industry estimates, the platform aims to mitigate risk, create efficiencies, and reduce costs for custodians, prime brokers, buy-side firms, broker-dealers, and third parties.

SSImple’s platform uses a robust industry rule engine to ensure multi-asset class SSIs are entered correctly. The platform enables automation of SSI delivery, receipt, and permission access, as well as logical enrichment at the point of electronic trade confirmation. By interacting with distributed ledger technology (DLT) databases, SSImple selects the correct SSI based on DLT position keeping records, providing real-time updates and greater transparency.

Exchange Data International Adds Email Alerts to Worldwide Corporate Actions Service

Exchange Data International (EDI) has introduced corporate action email alert files to accompany its worldwide corporate actions service for upcoming effective and ex-dates. The alert files provide clients with a customised alert up to 30 days before a required corporate action becomes effective, providing investors with time to make informed trading or investment decisions. Additionally, clients can receive an unlimited number of reminders before events become effective. All fields from EDI’s worldwide corporate actions feed are available, meaning alert files can be based on a variety of dates, including ex-date, record date, pay date, and effective date.

Jonathan Bloch, EDI CEO, says: “This is a timely addition to our services given that the US market will be going T+1, putting enormous pressure on back offices to be more efficient. These alerts will ensure that important dates are not missed.”

S&P Global Market Intelligence Enhances APAC Corporate Events Data

S&P Global Market Intelligence has enhanced its APAC corporate events data and transcript coverage through the acquisition of SCRIPTS Asia Inc’s Asia, ex-Japan, database. The acquired Mandarin, Cantonese and Korean databases are available through S&P Global Market Intelligence’s Capital IQ Pro, Xpressfeed and Snowflake delivery channels, and allow the company to provide coverage of Asian corporate events for more than 3,200 companies. S&P Global Market Intelligence will continue to provide Japan event coverage through a long-term agreement with SCRIPTS Asia K. K. that delivers Japanese content.

Quantexa Adds Decision Intelligence Platform to Google Cloud Marketplace

Quantexa, a provider of decision intelligence solutions, has expanded its partnership with Google Cloud by adding its Decision Intelligence Platform and solutions to Google Cloud Marketplace. The solutions include data management, customer intelligence, Know Your Customer (KYC), financial crime, fraud and security, and risk. The partnership enables customers to quickly deploy Quantexa’s solutions globally on Google Cloud’s secure and sustainable infrastructure.

FIX Protocol Includes Digital Token Identifier

The Digital Token Identifier (DTI) ISO standard has been added to the Financial Information eXchange (FIX) Protocol, the industry-standard messaging protocol for electronic communication. The addition means financial institutions will be able to use the FIX Protocol to send messages with DTIs both internally and externally.

The DTI standard is increasingly being used as it uniquely identifies digital ledgers, digital tokens and cryptocurrencies using publicly available information. It can also be used by regulators to monitor digital asset trades for anti-money laundering and combating terrorist financing requirements, and for monitoring systemic risks arising from trading of global stable-coins and other digital assets. The DTI has also been recommended by ESMA as a risk management measure under the DLT Pilot regime.

ISS Finds European Corporate ESG Disclosures Soared in 2022

Environmental metrics disclosures by European companies were up 45 per cent in 2022 compared with the year before, according to a study by ISS Corporate Solutions. Social metrics disclosures were 36 per cent higher, the study found. Corporate disclosures add to the body of ESG data on which financial institutions rely to make informed sustainability and impact investments.

Meanwhile, ISS ESG, the company’s sustainable investment business, has said it will update its Environmental & Social Disclosure QualityScore scoring methodology later this year. The update will introduce 60 new scoring factors and remove 50. About 100 more will be adjusted. The reframing of the score comes changes to disclosures and materiality assessments, ISS ESG said.

Vancity Investment Management Extends Bloomberg Stack with PORT Enterprise

Vancity Investment Management, one of the first wealth management firms in Canada to focus on investments that deliver competitive returns while making a positive impact on the world, has adopted PORT Enterprise, Bloomberg’s advanced portfolio and risk analytics solution, along with Bloomberg Data License, the technology that delivers Bloomberg’s data content sets across the enterprise to further streamline its portfolio management operations.

This is the latest expansion to Vancity’s suite of Bloomberg buy-side solutions supporting the firm’s investment workflow, adding to its use of Bloomberg AIM, an order and investment management system.

Finastra Offers Clients Alternative Data from Alygne

Financial technology provider Finastra is to offer clients alternative ESG data from Alygne. London-based Finastra said the partnership with the data-scraping specialist would enable investors to manage their ESG objectives through integration with its Fusion Invest tool.