Sources ID Ice and DTCC as suitors, but new owners may not bring relief to users paying millions.
A summary of some of the past week’s financial technology news.
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.
Anthony explores some of the questions raised by Refinitiv's plan to move away from Eikon and Thomson One. He also looks at data governance trends, and asks why the FIGI is having such a tough time gaining acceptance.
After the route toward accreditation via the ISO petered out, Bloomberg is vying to establish its reference data standard as a system of record in the US, following a win in Brazil.
Anthony explores how Snowflake is trying to win over business in the cap markets, talks about the reference data space, and examines a new breed of data vendors.
Alternative data holds great promise as a leading indicator of alpha. But in response to firms struggling with the data science aspects of integrating the data, various industry participants are pursuing new initiatives to make it more accessible,…
A failed ballot for a Bloomberg-backed identifier reveals the enormous consequences of industry tendencies toward complacency and cost-cutting.
The commission's decision to keep the ISIN identifier standard reaps criticism from industry professionals
Whether dealing with utility startups or commercial offerings, should you throw your weight behind making something a "standard," or back alternatives in the spirit of healthy competition?
In this month's contributed "Industry Warehouse" column, Bloomberg's Richard Robinson highlights the identifier's value
Could there be a standard that helps market participants find liquidity?
Competing identifier formats, as well as proprietary APIs, raise interest in standardization
ISIN Controversy Rises Again in Europe
Standards consortium recognizes instrument identifier
Object Management Group (OMG) has officially adopted Bloomberg's Financial Instrument Global Identifier (FIGI) Standard to unify financial instrument identifiers.
Richard Robinson to manage symbology initiative and FIGI identifier group
Demand for more complete and well-prepared data reporting could lead one to consider collaborative efforts that point the way to better data reporting
The Object Management Group standards consortium is considering Bloomberg's Open Symbology as the basis for its Financial Instrument Global Identifier specification