Deutsche Bank Latest to Adopt Bloomberg's FIGI for Syndicated Loans

German giant joins US Bank, Virtus in support of identifier.

Deutsche Bank's head offices in Frankfurt.

Asset managers supported by Deutsche Bank’s Corporate Trust businesses will now have the ability to identify loans in a standard way and create comprehensive reports to help investors better understand the performance of their investments.

On December 1, the non-for-profit technology standards consortium Object Management Group (OMG) also officially adopted the FIGI as the standard methodology for identifying financial instruments, such as syndicated loans in CLOs.

The move also comes after anot

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