Data Management Insight Standards The latest content from across the platform
A Data Manager’s Christmas List
Not only is Reference Data Review providing you with your usual Christmas stocking full of news and analysis this year, we’ve also taken on the delivery of wish lists to Santa’s grotto in Lapland (or thereabouts). One of our brave readers has written in with his list of requests for the man in red, should…
US SEC Adds More Data Requirements to its Proposed Hedge Funds Rules
The US Securities and Exchange Commission (SEC) has added a further set of data disclosure requirements to those it is proposing for the hedge funds market as part of the Dodd-Frank reforms. Under the proposed reforms, more organisational and operational information will be needed for SEC registration purposes from investment advisers and the private funds…
Does the World of Valuations Need Common Data Formats?
The need for data standardisation is well understood in many areas of reference data (albeit poorly implemented or non-existent in actuality – concept rather than reality being the operative word), but the world of valuations data has largely remained untouched by standardisation initiatives to harmonise vendor formats. Guy Sears, director of Wholesale at the Investment…
CUSIP Global Services Makes its CABRE Business Entity Database Freely Available to CUSIP Customers
CUSIP Global Services (CGS) today announced plans to make its CABRE business entity identifier database freely available to CUSIP customers, effective 1 December. The new standard code, known as a CABRE (CUSIP Avox Business Reference Entity identifier), was created through a strategic partnership between CGS and Avox Limited, a DTCC company. The CABRE database is…
CSB Faces Lobbying on Cusip ID Fees from Three US Industry Associations
Reflecting the general desire within the user community for lower costs and easier access to instrument identifiers, this week, three US-based industry associations have sent a letter to the Securities and Exchange Commission (SEC) asking the regulator to step in and limit the fees that Standard & Poor’s’ Cusip Service Bureau (CSB) charges for its…
CQG Integrates with FOW TRADEdata Xymbology
FOW TRADEdata announced today the integration of CQG instrument codes into its Xymbology product for the futures and options market. Xymbology is an identifier mapping service for exchange-traded futures and options contracts. CQG is a provider of integrated order execution, charting, and analytics for global, electronically traded futures markets. CQG offers real-time and historical data…
Taking a Stand on Standards
This year’s Sibos was certainly not short of discussions about standards, but the actual physical location of the Standards Forum sessions (next to the Swift booth and beside the equally noisy Innotribe stand) was representative of the danger that Swift faces in this space: getting its message drowned out by background noise. The communication about…
DClear Reference Data Services Gain Significant Momentum a Year on From their Launch
SmartStream, the financial Transaction Lifecycle Management specialist, today announced significant progress for its DClear business, a year after its launch. With reference data on the agenda again at this year’s Sibos conference, a utility service model providing clean, consistent reference data as a service has come to the fore as the industry wrestles with data…
And So it Begins…
Sibos 2010 kicked off this morning to a rather drizzly but promising start; with around 8,000 odd delegates registered for the annual Swift user conference in Amsterdam, it’s set to be a busy week. The securities market infrastructure session began proceedings by debating the benefits of competition versus consolidation in the evolving global market: a…
The Waiting Game: Standards in Corporate Actions Processing
There has been some real action of late in the standards space for corporate actions. In the US, the SEC issued a requirement for corporations to report in XBRL, and the XBRL US organisation has announced a project with the DTCC and Swift to tie the standard into ISO 20022, all of which could optimistically…