The batting to and fro between the International Standards Organization (ISO), the Association of National Numbering Agencies (ANNA) and the Cusip Service Bureau operated by McGraw-Hill’s Standard & Poor’s Corp. continues unabated. The latest barrage comes from ANNA members, who collectively condemned charging for ISIN-based securities identification databases, in what appears to be another thinly veiled attack on the CSB. The London-based Information Providers User Group (IPUG) also put its oar in with a letter to the S.E.C., urging that fees based on any claims of intellectual property by national numbering agencies be waived. Of course, all this is well and good. But if Standard & Poor’s hadn’t asserted its intellectual property rights, acquired through 30 years of commitment – for questionable return, particularly early on – to the concept of standards-based identifiers, we wonder whether there would be any Cusip numbers about which to argue over licensing fees.
A-Team Insight Blogs
Recorded Webinar: Entity identification and client lifecycle management – How financial institutions can drive $4 billion in cost savings
A new model in Legal Entity Identifier (LEI) issuance has created significant opportunities for financial institutions to capitalise on their KYC and AML due diligence. By becoming Validation Agents and obtaining LEIs on behalf of their clients, financial institutions can enhance their client onboarding experience, streamline their internal operations, and open the door to new,...
A-Team Group’s Data Management Summit USA Virtual kicked off today with a hugely insightful live practitioner innovation keynote followed by two live, and lively, Q&A sessions packed with audience questions and answered by the day’s expert keynote and panel speakers. Andrew Delaney, president and chief content officer at A-Team, hosted today’s live sessions of the...
The Data Management Summit Virtual explores how financial institutions are shifting from defensive to offensive data management strategies, to improve operational efficiency and revenue enhancing opportunities. We’ll be putting the business lens on data and deep diving into the data management capabilities needed to deliver on business outcomes.
The time for talking is over. The time for action is now. A bit melodramatic, perhaps, but given last month’s official launch of the global legal entity identifier (LEI) standard, practitioners are rolling up their sleeves and getting on with figuring out how to incorporate the new identifier into their customer and entity data infrastructures....