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

A-Team Insight Blogs

Standard Chartered Selects UnaVista for Reference Data Solution

Subscribe to our newsletter

The London Stock Exchange announced today that Standard Chartered, a major international bank, has selected UnaVista as its global repository for reference data. Standard Chartered recently became the first bank to benefit from the Exchange’s partnership with FactSet Research systems, and are now receiving counterparty and issuer linkage data from FactSet through UnaVista.

Standard Chartered will use UnaVista’s Reference Data portal to perform its market data matching and assist with compliance surveillance activities. The portal will allow Standard Chartered to validate and match any type of reference data. It will also cleanse the data, by reconciling it against the Exchange’s SEDOL Masterfile, FactSet Research Systems data and Standard Chartered’s own systems. This will reduce Standard Chartered’s risk exposure without the need for manual checks.

UnaVista is a web-hosted system, so it will be accessible to the bank’s entire global network, including over 1,750 branches and outlets in more than 70 countries and territories across the globe, without it needing to be installed locally.

Mike Leach, Head of Sales, Information Services Business Development, London Stock Exchange, said:

“We are delighted that Standard Chartered has chosen UnaVista to manage their trade surveillance and watch list functions. As UnaVista is a web based system Standard Chartered will benefit from zero hardware costs and a fast time to market, while being able to operate the service from any of their global offices”.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Sanctions – The new pre-trade challenge for the buy-side

Sanctions screening at the security level is a relatively recent requirement for the buy-side. It dives deeper than traditional KYC and AML screening and is immensely challenging as firms must monitor frequently changing sanctions lists, source up-to-date sanctions data and beneficial ownership data, and integrate these to screen growing lists of potentially sanctioned securities. As...

BLOG

Why APIs Are Imperative for Systematic Trading

By Chris Jenkins, Managing Director, TORA. Systematic trading has long been a feature of the financial markets. Even in the days before computers arrived on the scene, early systematic traders would use rule-based systems designed to remove human emotion from the trading process, generating trading signals and entry/exit points from a range of technical analysis...

EVENT

TradingTech Summit Virtual (Redirected)

Trading Tech Summit (TTS) Virtual will look at how trading technology operations can capitalise on recent disruption and leverage technology to find efficiencies in the new normal environment. The crisis has highlighted that the future is digital and cloud based, and the ability to innovate faster and at scale has become critical. As we move into recovery and ‘business as usual’, what changes and technology innovations should the industry adopt to simplify operations and to support speed, agility and flexibility in trading operations.

GUIDE

Trading Regulations Handbook 2021

In these unprecedented times, a carefully crafted trading infrastructure is crucial for capital markets participants. Yet, the impact of trading regulations on infrastructure can be difficult to manage. The Trading Regulations Handbook 2021 can help. It provides all the essentials you need to know about regulations impacting trading operations, data and technology. A-Team Group’s Trading...