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.

approval

Data giant Bloomberg has succeeded in gaining US accreditation for its reference data standard, the Financial Instrument Global Identifier (known as Figi) by the Accredited Standards Committee X9, a non-profit organization endorsed by the American National Standards Institute (ANSI). The accreditation makes the US the second country to formally adopt the standard after Brazil became the first in July 2020, putting Figi on the same level as Cusip, the main identifier that has served the American

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