Legal entity identifiers (LEIs)
‘Feature, not a bug’: Bloomberg makes the case for Figi
Bloomberg created the Figi identifier, but ceded all its rights to the Object Management Group 10 years ago. Here, Bloomberg’s Richard Robinson and Steve Meizanis write to dispel what they believe to be misconceptions about Figi and the FDTA.
Trade reporting challenges require data re-think
Data accuracy issues are hampering some firms’ regulatory reporting abilities. So why aren’t data professionals more involved? And how can compliance costs be turned into revenue drivers?
Waters Wrap: The drama within reference data
Anthony looks at four major stories recently published that will not just affect reference data professionals, but firms of all shapes and sizes.
Derivatives Service Bureau allows alternative identifiers for OTC derivatives UPI
The numbering agency has partnered with SmartStream and ICE to cross-reference and map the underlying asset’s identifier to the relevant Isin.
Gleif hopes to entice LEI laggards with new digital identifier
The vLEI has ambitions to become the backbone of digital trust.
Anna on track for Isin review deadline
The registrar of the barcode for financial instruments has adapted its systems to reflect the updated standard, ahead of February 2023.
Industry mulls identifier schema for digital assets
As crypto markets face a reckoning in the wake of the FTX scandal, standard-setters and industry participants say identifiers for tokens are key for the industry’s stability.
This Week: Cboe, Ice, ABN AMRO/Temenos & more
A summary of the latest financial technology news.
This Week: Six/Sustainalytics, Nice Actimize, SmartStream, and more
A summary of the latest financial technology news.
Second class-action lawsuit targets Cusip’s ‘monopoly’ on identifiers
Days after a first class-action suit took aim at Cusip, S&P Global, the American Bankers Association, and FactSet, another plaintiff has filed a complaint alleging that the quartet of companies violated the Sherman Antitrust Act, as well as certain…
Cusip finds new home at FactSet as industry watches warily
Though the standard has always been operated by a private entity, industry sources say its new operator could create a perception issue for FactSet. For its part, the vendor says the purchase (for a “stunning” total of nearly $2 billion) is meant to…
Bank consortium led by SocGen seeks to cure post-trade data ills
Project led by Societe Generale that uses privacy-enhancing technologies to solve data management issues hopes to sign up five banks and launch as a legal entity.
After lengthy fight, Bloomberg’s Figi recognized as official US data standard
The Figi is free to use, and becomes the second reference data standard alongside Cusip, authorized for financial instrument identification by the American National Standards Institute.
McKenna’s Gold: The woman who raised the standard for standards
This year’s inductee into the Inside Market Data Hall of Fame is Karla McKenna, a 35-year Citi veteran and standards advocate who is now Americas managing director of LEI standards body Gleif.
Swipe left: repo reporting no match for Brexit, or collateral
A happier start than Emir, but SFTR honeymoon is over now that trades report separately in UK and EU.
JP Morgan: New LEI scheme could make codes cheaper
The bank is offering identifiers for free to customers under a new scheme it hopes will drive down costs for entities wanting to sign up.
This Week: SmartStream, BSO/Oracle, Gleif, BMLL, Genesis/XP Investimentos
A summary of some of the past week's financial technology news.
IHS Markit Adds Tool to SFTR Platform to Catch Missing LEIs
The data provider's SFTR offering provides opt-in features to minimize LEI-related errors in collateral messages.
People Moves: Eurex, BNP Paribas, ClauseMatch, Capitolis, Gleif, BTIG, Asset Control
A look at some of the key "people moves" from this week, including Michael Peters (pictured) who has been appointed CEO at Eurex Frankfurt.
LEI Foundation Pilots Blockchain-Based Credentials Solution
GLEIF has partnered with vendor Evernym to create digital wallets that link employees’ identities and roles with companies' identifying codes.
Datactics Takes 'Human-in-the-Loop' Approach to Machine Learning
The data quality and matching specialist is testing an entity resolution model for better transparency and explainability.