CUSIP Collaborates with MSCI on Private Markets

CUSIP Global Services has begun a collaboration with MSCI to expand coverage to late-stage, venture-backed private companies among its security identification numbers.

MSCI provides access to data on US-domiciled private companies with at least one share class. The collaboration supplies attributes including domicile jurisdiction, dividend details, company name, asset type, and sector classifications alongside identifiers.

“Through this breakthrough collaboration with MSCI, we’re making it possible for investors to participate in private markets using the comparable, trusted standard for identity resolution that public markets have relied upon for decades to track the movement of securities throughout financial markets,” said Managing Director and Global Head of CUSIP Global Services, Scott Preiss.

Moody’s Harnesses Allvue Data for Private Credits Stress Indicator Model

Moody’s Corporation’s launched the Moody’s Analytics EDF-X Private Credit Model to measure credit risk for the private credit market using performance data supplied by Allvue Systems.

The model evaluates private credit performance by tracking indicators of borrower stress such as covenant waivers and payment-in-kind arrangements.

Moody’s Analytics Chief Executive Christina Kosmowski said: “By combining Allvue’s private market data with Moody’s credit intelligence, we can help customers identify borrower stress earlier and bring greater transparency and insight to a rapidly growing market.”

The tool estimates the likelihood of both missed payments and early indicators of financial distress. The software relies on anonymised performance data from Allvue Systems, LLC and joins an existing suite of private credit products, including the EDF-X CreditGradient tool.

Gresham Clients Given Access to New Reconciliation Product

Control Studio, an artificial intelligence-enabled application for Gresham’s Control reconciliation product has been launched, enabling business users to create and maintain reconciliation controls without requiring coding or technical configuration skills.

The software uses generative artificial intelligence to translate business requirements into configuration rules for matching, validation and exception workflows.

“Control Studio puts the people who understand the data in control of the process, using generative AI to turn business requirements into the rules and configuration needed by Control,” said Neil Vernon, Gresham Global Head of Product – Control and Data Service.

Users can configure controls using sample data and identify correlations across multiple datasets.

Fitch Adds BMI Data to its Fitch Nexus MCP

Fitch Solutions has introduced BMI data to its Model Context Protocol connector, Fitch Nexus along with expanded capabilities for its CreditSights and Fitch Ratings Research & Data units.

The connector links data into enterprise workflows, delivering authenticated and source-attributed credit insights through a single interface.

The platform functions as a hub accessible through clients’ internal AI applications and large language models.

Fitch Chief Product Officer Tom Bradley said: “Bringing BMI into the fold means clients can move fluidly between country risk, credit ratings, and independent credit research.”

The update expands coverage across the firm’s Credit & Market Insights and Ratings & Risk units.

Bloomberg Unveils CLO Data Service

Bloomberg has launched a collateralised loan obligations data solution, delivering reference datasets for market participants through the Bloomberg Data License.

The launch connects enterprise loan-level data with regulatory, liquidity and credit risk datasets.

“Bloomberg is making it easier for clients to understand how the security, its collateral and the corporate borrower fit together in one view,” said Maureen Gallagher, head of enterprise reference data at Bloomberg.

The system supports cash-flow modelling, risk assessment and tranche discovery while integrating with existing functions on the Bloomberg Terminal.

Users can access the information through the query language BQL, with future integration planned for the artificial intelligence tool ASKB.

Smartstream Updates Reconciliation Service with Agentic AI

Smartstream is to introduce a new version of its Smart Reconciliations Premium updated with agentic artificial intelligence that investigates, progresses and resolves reconciliation exceptions autonomously under centralised governance.

This development follows market pressures such as compressed settlement cycles and rising audit expectations, the data solutions provider for financial institutions and enterprises said.

“This release puts AI underneath that foundation rather than beside it, so the platform no longer simply records and matches: it investigates, reasons, resolves, and learns, within boundaries our clients set and can evidence,” said Thomas Steinborn, chief product and technology officer at Smartstream

The release reduces total cost of ownership by 25% and increases throughput by 50% on existing hardware. It is built on four core principles – governance, return on investment, integration and trust – and follows previous versions that process more than 10 billion transactions monthly for global banks.

RCM Extends Use of NeoXam Services top Croatian Unit

NeoXam has extended its NeoXam Manager and NeoXam Compliance platforms to Raiffeisen Capital Management’s Croation unit Podružnica Hrvatska za upravljanje fondovima.

The deployment provides the Croatian branch with a platform for portfolio management and pre- and post-trade compliance monitoring, the software provider said.

The extension builds on a partnership with Raiffeisen Capital Management, one of Austria’s largest asset managers, which has used NeoXam Manager and NeoXam Compliance across its Austrian operations.

“Our long-standing relationship with NeoXam and our positive experience with both NeoXam Manager and NeoXam Compliance made the extension to our Croatian operations a natural step,” said Harald Frodl, head of fund services at Raiffeisen Capital Management.

The modular architecture of NeoXam Manager allows organisations to adjust functionality for specific market requirements while operating on a shared technology framework across entities.

The compliance software automates portfolio monitoring processes in accordance with regulatory, client, and internal investment parameters.

Farming Insurer NFU Mutual Adopts Bloomberg and Clearwater Investment Tech

UK rural insurance specialist NFU Mutual has selected Bloomberg Buy-side Solutions alongside the Clearwater platform to update its investment operating model.

The insurer that manages $32 billion in assets, will deploy the combined technology to standardise its front-to-back multi-asset investment processes.

Under the arrangement, Bloomberg provides portfolio management, trading, pre-trade compliance and trade operations, while Clearwater Analytics delivers investment operations and investment accounting.

Nigel Bryan, head of financial control at NFU Mutual said: “By adopting Bloomberg and Clearwater’s integrated solutions, we are building an automated and highly flexible end-to-end operating model that strengthens our control environment, streamlines processes and builds a solid data foundation for our investment reporting.”

The platform automates order generation, execution, matching, settlement and post-trade processing, while supporting transition workflows for T+1 settlement readiness.

Both providers also support the insurer’s regulatory reporting requirements, building on Bloomberg’s existing post-trade, risk and compliance tools.

Pension, Insurance Company Velliv Signs to Curium SaaS

Curium Data Systems, a data management technology and services provider, said pension and insurance company Velliv has migrated to the Curium SaaS platform.

The migration transfers platform operations, environment monitoring and application performance oversight to the vendor while the client retains internal data management controls.

The transition aligns with the pension provider’s broader strategy to use specialist providers for cloud operations.

The platform is powered through a partnership with Cloud Direct to provide continuous support and automated testing environment updates. The flexible operational model allows clients to adjust vendor input over time, following previous software deployments across asset management firms. Software as a service platforms deliver cloud-hosted application access over internet networks.

Semarchy Moves into Self-Service Intelligent Data Products Space

Semarchy is now providing self-service intelligent data products that deliver mastered data alongside built-in context, reasoning and governance for consumption by human teams, software agents and enterprise applications.
Built on the company’s platform, the products automate schema and model generation while creating dedicated servers to allow artificial intelligence assistants to query enterprise datasets safely.

“Enterprises are about to spend years engineering a context layer for AI. What we keep finding is that designing a data product IS building that context layers,” said Semarchy chief technology officer Craig Gravina.

The release also introduces unified interface tools for data stewards and application developers to browse metadata, data lineage and API documentation. This expansion follows previous updates to the platform, including the launch of a Snowflake connected application and integrations with cloud data platforms.