The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Markit Adopts and Enhances ICB Codes for Credit Markets

Share article

Markit is adopting the Industry Classification Benchmark (ICB) from Dow Jones Indexes and FTSE Group. ICB will be implemented across Markit’s entire range of entities across all asset classes. Markit’s involvement will also help to enhance ICB’s coverage of the current 40,000 equities by expanding into around 5,000 credit default swap reference entities and bond issuing entities. This information is covered in Markit’s Reference Entity Database (RED), which will now follow ICB guidelines providing a four-tier classification structure.

Related content

WEBINAR

Recorded Webinar: Adopting Entity Data Hierarchies to Address Holistic Risk Management

Firms across the board are struggling to gain a comprehensive view of their counterparty risk. In the wake of the Credit Crisis, regulators have increased their focus on pushing firms to not only better understand risk exposure, but also be able to provide evidence of the analysis they use to create their view of risk....

BLOG

Coronavirus Pandemic Accelerates KYC and Onboarding Strategies

The coronavirus pandemic has been an eye-opener for capital markets firms hit by market volatility, systems unable to cope quickly with change, the need to set up work from home schemes (and security), and changing relationships with customers. Nowhere has this been more visible than in Know Your Customer (KYC) and onboarding functions that have...

EVENT

Data Management Summit London

Now in its 10th year, the Data Management Summit (DMS) in London 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.

GUIDE

Valuations – Toward On-Demand Evaluated Pricing

Risk and regulatory imperatives are demanding access to the latest portfolio information, placing new pressures on the pricing and valuation function. And the front office increasingly wants up-to-date valuations of hard-to-price securities. These developments are driving a push toward on-demand evaluated pricing capabilities, with pricing teams seeking to provide access to valuations at higher frequency...