As Reference Data Review went to press, Standard & Poor’s Cusip Service Bureau announced that it was teaming up with Mark-it Partners to develop a numbering system for its entity database, Project Red. The S&P Cusip Service Bureau has created two sets of alphanumeric codes, covering credit default swap reference entities and pairs of reference entities and reference obligations. The codes are aimed at providing an easy method of identifying entities and obligations in default swap trade confirmations. Meanwhile, S&P also announced plans for a bond reference data service, to be launched mid-2004. The new, real-time service is aimed at supporting the industry’s Real Time Trade Match (RTTM) initiative.
A-Team Insight Briefs
Stop Press: S&P Teams with Mark-it On Project Red, Plans Bond Service
Digital transformation in the financial services sector has raised many questions around data, including the cost and volume of reference data required by each financial institution. Firms want to pick and choose the reference data they need to fulfil their requirements. Emerging solutions with the potential to decrease the cost of data and increase flexibility...
The Derivatives Service Bureau (DSB) has published its final report on a fee model for the Unique Product Identifier (UPI) that will come into play in July 2022. The report – Principles Underlying the Fee Model for the Unique Product Identifier (UPI) Service – is based on two consultation papers and considers both the UPI...
DMS London brings together the European data management community to explore the latest challenges, opportunities and data innovations facing sell side and buy side financial institutions.
This special report accompanies a webinar we held on the popular topic of The Data Management Implications of Solvency II, discussing the data implications for asset managers and their custodians and asset servicers. You can register here to get immediate access to the Special Report.