Data Management Insight Standards The latest content from across the platform
Bloomberg Bows to Pressure to Maintain Support for BUID Indefinitely
The migration plans of data giant Bloomberg to gradually move users from its BUID identifier to its new Bloomberg Global ID (BBGID), which is at the heart of its open symbology initiative, have hit a roadblock. Users have exerted pressure on the vendor to step back from the initial migration timeline and to maintain support…
Interactive Data Offers New Evaluated Pricing Challenge Portal
Interactive Data Corporation, a provider of financial market data, analytics and related solutions, today announced that it now offers an innovative client management and compliance oversight tool, which is designed to provide audit trails and compliance reports for a firm’s pricing challenge process. This new, easy to use web-based challenge portal can increase client workflow…
Resolving Symbols and Enabling Choice (Sponsored Article)
By Mark Woolfenden, managing director of FOW TRADEdata The choice of and the investment in trading solutions for both the buy side and sell side of the derivatives industry is an important determinant in the degree to which competition exists in brokerage and other trading related services. Well managed instrument symbology enables sell side firms…
Swift to Reduce Message Prices by an Average 20 Percent
Swift, the provider of global financial messaging services, announced today that it is reducing the price of messages on its core FIN service by an average of 20 percent. This will represent an estimated saving of EUR 70 million for Swift customers in 2011. The new pricing plan takes effect on 1 January 2011. “We…
Expanding Global Identifiers in Complex Assets and Other Areas
In the post-credit crisis financial services industry, risk management, compliance and transparency have emerged as focus points for review with provision of accurate and timely data recognised as a critical element of success. Fundamental to data provision is the accurate identification of both financial instruments and counterparties – without which you cannot truly measure your…
FOW TRADEdata in Dialogue with Bloomberg to Incorporate Identifiers into Xymbology, Says IPUG
Following its letter to petition Bloomberg to allow its symbology to be included in FOW TRADEdata’s service Xymbology, the Information Providers User Group (IPUG) indicates that a dialogue has begun between the two vendors to incorporate both the BUID and the new Bloomberg Global ID (BBGID), which is at the heart of its open symbology…
IPUG Ramps up Lobbying Activities, Targets Bloomberg as First on a Long List of Vendors Under the Spotlight
The Information Providers User Group’s (IPUG) last annual general meeting saw the confirmation of the main deliverables for the group over the next year, including the highlighting of a number of vendor solutions to come under the group’s scrutiny. One of IPUG’s key activities of late has been the lobbying of the vendor community and…
End is in Sight for Swift’s Lean Programme, But is it Fighting Fit?
Ahead of this year’s Sibos in Amsterdam and following the approval of the 2015 strategy, I have been asking people what they think of Swift and its new five year plan. The most obvious concern for most of the market seems to boil down to one thing: cost. Whatever you think of its new, more…
Wandering Off Course?
Back in the summer of 2008 I wrote a feature for ATiQ on the grand plans for an “investment roadmap” for standards that was launched by three of the main players in the financial messaging standards world – FIX Protocol (FPL), the International Swaps and Derivatives Association (ISDA) and Swift. However, despite the fanfare at…
Cusip Global Services Plans Q4 Launch for Hedge Fund Identifiers, Focuses on Building up New Offerings
Following the announcement back in June last year that it would be teaming up with HedgeFund.net to develop entity identifiers for the hedge fund community, Cusip Global Services (CGS) has said that it is planning the launch of its Cusip for hedge funds service for the fourth quarter of this year. Darren Purcell, director of…