Reference data
The IMD Wrap: As crypto rises, yes, reference data is VERY important
With the SEC’s approval of spot Bitcoin ETFs, Max explains why reference data will take on greater importance—whether non-data people know it or not.
Politics, public opinion collide in EC identifier consultation
The European Commission has said neither the Isin nor the UPI is ‘suitable’ for price transparency, and proposed modified alternatives in an industry consultation.
Bloomberg’s Figi extends crypto inroads
In partnership with data provider Kaiko, Bloomberg has rolled out identifiers for almost 8,000 crypto assets as institutions increasingly look for structure and uniformity in a maturing sector.
Waters Wrap: A glimpse of 2024 through the looking glass of 2023
Anthony examines some of the biggest stories from the past year to preview what might be ahead.
For the reference data community, 2024 is set to be a significant year
A summary of the year's biggest developments in reference data, from the Cusip lawsuit, to the UPI, to Isins for crypto.
Using genAI for post-trade processing could reduce failures, fines
Shortening settlement times are pressuring firms to do more, faster. IBM’s Soren Mortensen argues that genAI and ML can help eliminate errors and speed up post-trade processes.
Goldman Sachs looks to ‘Amazon’-like ecosystem with MarketView launch
The new research and collaboration tool is delivered through Goldman’s Marquee platform.
New crypto Isins seen as ‘really important’ step for TradFi adoption
Execs at TP Icap and Societe Generale say the identifier removes a major barrier for crypto acceptance.
Waters Wavelength Podcast: The issue with corporate actions
Yogita Mehta from SIX joins to discuss the biggest challenges firms face when dealing with corporate actions.
What firms should know ahead of the DSB’s UPI launch
Six jurisdictions have set deadlines for firms to implement the derivatives identifier, with more expected to follow.
Waters Wrap: Market data spend and nice-to-have vs. need-to-have decisions
Cost is not the top factor driving the decision to switch data providers. Anthony looks at what’s behind the evolution of spending priorities.
The Cusip lawsuit: A love story
With possibly three years before the semblance of a verdict is reached in the ongoing class action lawsuit against Cusip Global Services and its affiliates, Reb wonders what exactly is so captivating about the ordeal.
S&P tests ‘ChatIQ’ genAI search tool in revamped CapIQ desktop
The new tool is the culmination of integrating recent acquisitions, including IHS Markit, ChartIQ and Kensho.
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.
The loan market has a new identifier, but the path to adoption isn’t clear
The CEI aims to bring interoperability to loan trading, but it’s entering a market dominated by a long-standing incumbent.
Gleif hopes to entice LEI laggards with new digital identifier
The vLEI has ambitions to become the backbone of digital trust.
Antitrust complaint against Cusip can go forward, SDNY judge rules
The federal judge presiding over the ongoing class-action suit against Cusip Global Services, S&P Global, FactSet, and the American Bankers Association, has dismissed all complaints against the defendants except one alleging the quartet violated Section…
Bloomberg, Snowflake ally to accelerate cloud data adoption
Bloomberg has built an app in Snowflake’s cloud framework that will make it simpler and faster for Snowflake clients to populate their cloud-hosted tools with Bloomberg data.
FRTB forces banks to rethink entire data management infrastructure
Data mapping and getting historical time series data are among the challenges banks face in conducting calculations necessary for FRTB. But they have help.
Tomorrow’s institution cares more about its risk than its performance
Execs from BlackRock, BMO, and Ness Digital Engineering discuss the balancing act of the wildly shifting priorities each of their organizations contend with every day.
Buy side demands better data aggregation for primary corporate bonds
With electronification and tech development increasing in fixed income, participants are looking for better data access in the primary market for corporate bonds.
Alt data’s growing pains: Integration and aggregation challenges stall wider adoption
Demand for alternative data continues to grow among investment firms. So why are some alt data providers taking products off the market?
Does the case against Cusip have legal merit? We’re about to find out
As the parties involved in the Cusip lawsuit wait to see whether the case will proceed to trial, Reb discusses what it might mean if the defense's claim that the case has no legal merit is true.