Data Management Insight Entity Data, KYC and Client Onboarding The latest content from across the platform
Netik Signs as Elite Index Data Partner with NASDAQ OMX
Netik, a global provider of financial data management and reporting services and products, today announces that it has been signed as an Elite Index Data Partner with NASDAQ OMX, the world’s largest exchange company and global leader in creating and licensing benchmark indexes. Netik offers the full suite of data for all NASDAQ OMX indexes…
ISITC Europe Meeting Highlights Data Standardisation Challenges Underlying Electronic Trade Confirmation
Last week’s ISITC Europe meeting indicated that before any action can be taken to move to higher levels of electronic trade confirmation across the industry, a number of data standardisation challenges must be tackled first. Swift’s Fabian Vandenreydt, who was promoted to the position of head of Securities and Treasury Markets earlier this year and…
UK FSA Reiterates its Commitment to Move from FRN IDs to the BIC for Transaction Reporting by End 2011
In its latest Market Watch newsletter the UK Financial Services Authority (FSA) reiterates its intention to move from its proprietary FSA Reference Numbers (FRNs) to Swift’s Bank Identifier Codes (BICs) for entity identification purposes within transaction reports, as required under MiFID. In keeping with its discussions with the industry on the subject over the last…
Princeton Financial Systems Automates KID Creation for Financial Institutions
Princeton Financial Systems (PFS) today announced Switzerland based companies, Vontobel and Swisscanto recently joined a growing list of European institutions to use PFS’ solutions to support their Key Investor Information Documents (KID) creation process. PFS customers can organise and automate this process in accordance with current regulatory standards, which ranges from data provision to the…
OMG to Bolster EDM Council’s Semantics Repository with Established Governance Framework, Says Soley
The tie up between the Object Management Group (OMG) and the EDM Council could go some way towards making the data management industry group’s semantic repository more accessible to the market, according to Richard Soley, chairman and CEO of OMG. By providing a governance framework via which regular, scheduled updates to the repository can take…
Swift’s Janssens on its Bid to be the OFR Supported Legal Entity ID Registration Authority
Swift may have backed away from pushing a reworked version of its Bank Identifier Code (BIC) as a legal entity identifier for the purposes of the US Office of Financial Research (OFR), but that does not mean it is out of the running as a standards issuer in the context of a global reference data…
Interactive Data Aims to Provide a More Holistic View of Ref Data via its Business Entity Service Update, Says Cumberbatch
Interactive Data’s new web-based portal for its Business Entity Service took several months of development and the aim was to provide users with access to a more holistic and centralised view of the reference data related to a particular issuing entity, asset class, region or industry, explains Bob Cumberbatch, European business lines director for the…
Interactive Data Launches New Web-Based Portal For its Business Entity Service
Interactive Data Corporation, a provider of financial market data, analytics and related solutions, today announced the launch of a new portal for its Business Entity Service. The flexible web-based portal can help clients of Interactive Data’s Business Entity Service delivered via its FTSSM securities administration tool to analyse and manage the risk from their global…
US FDIC Proposes New Registration Requirements for Residential Mortgage Loan Originators
The Federal Deposit Insurance Corporation (FDIC) has published proposals for comment in the US Federal Register that would introduce new requirements for the registration of residential mortgage loan originators, thus adding new legal entity identifiers into the Nationwide Mortgage Licensing System and Registry (NMLSR). Under the proposals, on which firms must provide feedback by the…
Opinion: Identifying Portfolio Exposures with Cross Reference Data
By Jackson Griffith, Director of Enterprise Solutions, S&P Valuation and Risk Strategies, McGraw-Hill Financial When a negative market event occurs, risk managers need to quickly determine their exposure to it and the impact it may have on their portfolio. Exposure can come in many forms and may not be obvious at first glance. For example,…