A broker-dealer and two investment managers have filed a new, joint complaint against the quartet of companies associated with management of the Cusip numbering system.
A judge for the Southern District of New York has also ordered that two class-action suits brought against Cusip Global Services and its affiliates earlier this year be consolidated.
Firms file “aggressive” motion to have legal case resolved early, saying Cusip’s operators and owners have no basis to charge for the codes.
Days after a first class-action suit took aim at Cusip, S&P Global, the American Bankers Association, and FactSet, another plaintiff has filed a complaint alleging that the quartet of companies violated the Sherman Antitrust Act, as well as certain…
An investment bank and an asset manager have filed a class-action lawsuit against Cusip Global Services, S&P Global, the ABA and FactSet. Anthony explores some of the questions that such a suit raises.
A complaint filed March 4 seeks judgement on whether Cusip Global Services, S&P Global, the American Bankers Association, and (now) FactSet have violated copyright laws as well as the Sherman Antitrust Act by charging hefty licensing fees to use the…
Though the standard has always been operated by a private entity, industry sources say its new operator could create a perception issue for FactSet. For its part, the vendor says the purchase (for a “stunning” total of nearly $2 billion) is meant to…
Sources ID Ice and DTCC as suitors, but new owners may not bring relief to users paying millions.
Modernization will help numbering agency data hub adapt to new technologies and improve data quality post-Isin review.
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.
Cusip’s Matthew Bastian explains that a tokenized asset offering is not the same as other products that get tagged as being a digital asset. The differences are becoming more important as the capital markets industry continues to explore these new…
In the era of big data, standards take too long to adopt, say industry participants.
As senior director of market development, he will spearhead the national numbering agency’s foray into DLT.
There is a movement underway to establish universal standards and the semantic ontologies that make them sing. As the industry approaches semantic utopia, questions remain about what steps need to be taken to get there and whether all the work will be…
Cusip Global Services brings North American exchanges' futures into numbering system.
The wide adoption of reference data and accompanying standards creates both opportunities and challenges, said Cusip Global Services vice president and COO at the North American Financial Information Summit.
The upgraded service includes information on new issues as well as changes to existing Cusip records.
Initiative aims to modernize precious metals market
Looking at how distributed ledgers can support identification of securities
Savings and efficiency rather than regulatory mandates will promote identifier adoption, Wolf says
Partnership aims to bring standardization to precious metals markets
Scott Preiss, vice president and COO, will take over S&P Capital IQ unit on July 1
Looking at data quality's impact on data governance planning, data linkages and more
Raising data quality is both the purpose of data governance, linkage and discovery changes, and an incentive to improve those functions