FT Interactive Data has entered the third phase of its roll-out of data from Markit Group to its clients, under its established partnership with the vendor. FT Interactive Data clients can now access independent valuations of syndicated bank loans via its FTS online portfolio administration service. Markit’s single name CDS and CDS indices data is already available via FTS. According to Ian Blance, vice president, capital markets, Interactive Data (Europe), there are already clients lined up to take the loan data. “There is a degree of initial set-up, involving mapping to the identifiers used by the loans – there is no official loan identification mechanism – but this should be very straightforward,” he says. FT Interactive Data and Markit continue to explore ways to co-operate further, Blance adds. “We have now phased in the introduction of the Markit data for which we are seeing the most demand from our clients, but there are a number of areas on which we are still working. The major part of the relationship – incorporating the richness of Markit’s CDS data into our own evaluation processes – is a much longer term project that is still ongoing.”
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Upcoming Webinar: Entity identification and client lifecycle management – How financial institutions can drive $4 billion in cost savings
Date: 21 January 2021 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes 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...
A-Team Group has announced the winners of its prestigious Data Management Insight Awards 2020. The annual awards, now in their eighth year, recognise leading providers of data management solutions, services and consultancy to capital markets participants. The award winners were announced online across categories ranging from best sell-side and buy-side data management platforms to best...
The Data Management Summit Virtual will bring together the global data management community to share lessons learned, best practice guidance and latest innovations to emerge from the recent crisis. Join us online to hear from leading data practitioners and innovators from the UK, US and Europe who will share insights into how they are pushing the boundaries with data to deliver value with flexible but resilient data driven strategies.
Hundreds of thousands of pre-Legal Entity Identifiers (LEIs) have been issued by pre-Local Operating Units (LOUs) in the Global LEI System (GLEIS), and the standard entity identifier has been mandated for use by regulators in both the US and Europe. As more pre-LEIs are issued ahead of the establishment of the global systems’ Central Operating...