Data Management Insight Symbology & Identifiers The latest content from across the platform

FISD’s Atkin Sets Landscape for Data Standards Initiatives

In his update to the London reference data community earlier this month, Financial Information Services Division (FISD) director Mike Atkin took the opportunity to outline the group’s position on standards. As always seems to be the case with standards, he lamented the fact there are too many of them. But he also cut through the…

FISD to Brief London Community On REDAC/RDUG Progress

The Financial Information Services Division (FISD) of the Software & Information Industry Association (SIIA) will use its forthcoming meeting in London on September 3 to inform members of its considerable recent activities in the reference data space. Among the main topics for discussion will be recent white papers relating to its work as manager of…

ADP Wilco Upgrades Its Gloss Securities Processing System

Automatic Data Processing’s Wilco unit has upgraded its Gloss international securities processing system. The latest version – Version 5 – includes extended instrument coverage and broader market connectivity. Gloss 5 now supports international fixed-income securities, repurchase agreements and stock lending. The system complies with upcoming mandatory changes to the Swift messaging format and now connects…

RDUG’s Legal Identity Identifier Proposal in Review Process

The draft definition for a proposed Legal Entity Identifier (LEI) code has this month been passed to Swift as the next stage in its development towards becoming an industry standard. It is also being considered for adoption into the next release of the FIX protocol, and the U.K. Financial Services Authority is considering endorsing it….

Institutions Gearing Up For The Switch To ISINs In German Market

Financial institutions in Germany are gearing up for the introduction of the International Securities Identification Number later this month, an event requiring preparation that has been compared with the scale of the euro’s introduction. Germany and Austria switch to ISIN on April 22, ahead of most other European countries. France and other countries linked to…

Welcome to our inaugural issue of Reference Data Review

We’re pleased to announce the launch of Reference Data Review, the first subscription publication to focus specifically on the fast-growing reference data industry. While many industry observers are examining the efforts driving the finan-cial services industry towards Straight Through Processing (STP), the crucial data element is often overlooked. But, as the industry is becoming increasingly…

Banc of America Plans Expansion of Internal Reference Database

Banc of America Securities is planning to expand an internal reference database that it developed with Financial Technologies International with the addition of further instruments and functionality. Alan Rosenthal vice president of IT business architecture at BoA told the recent FinExpo conference in London that the bank has been able to realise $16,000 a month…

Euronext Steps Into Line With Adoption of ISIN-Only Coding

From the end of June, all securities traded on the Euronext Paris cash markets will be identified solely by their International Securities Identification Numbers (ISIN), bringing it into line with most other major financial markets. In France it will replace the national Sicovam codes, making it easier to identify securities, particularly in cross-border transactions. For…