The stage is set for a showdown at a meeting this month of an International Standards Organization committee to discuss the creation of a central database for a securities numbering system.
Data vendors will be seeking to ensure their interests are protected in the project, which is aimed at creating a central database for the International Securities Identification Number (ISIN) system. The proposed database would be hosted by the Society for Worldwide Interbank Financial Telecommunications
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails