Cross-Lending Takes Shape, Upending IT Demands

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Bill Kramer, Linedata

Commercial lending and credit facilities, while distinct in their characteristics, are both becoming more complicated to handle with patchwork systems. To start with, commercial lending, according to Linedata senior vice president Bill Kramer, is becoming increasingly important, and likewise complex.

"In the mid-tier group of banks, you're talking generally about $10 billion to $50 billion in total assets, as the Federal Reserve defines it, and the commercial loan portfolio is the lion’s share

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‘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.

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