RDUG Seeks Vendors for Utility


RDUG, the Reference Data User Group, is setting up a utility-style service to provide Business Entity Identifier and Legal Entity Identifier data to user firms for use in risk and collateral management processes and to meet new "know your customer" regulatory requirements.

RDUG’s Working Group 8 has set out the problems and needs surrounding the identifiers, says Tony Kirby, founder of RDUG and director of market management at SmartStream Technologies. However, it has not yet looked at a busi

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