Thursday, November 20th, 2014

Redeveloped Database Now Incorporates ISINs With Legal Entity, Depository and Market Identifiers

BRUSSELS, BELGIUM and BALI, INDONESIA -- (Marketwired) -- From its annual extraordinary general meeting held in Bali, the Association of National Numbering Agencies (ANNA) today announced the culmination of a two-year development project to provide broadly enriched ISIN records to users of the ANNA Service Bureau (ASB). The new database, along with its interface to the numbering agencies serving more than 120 financial markets, has been completely redesigned to collect and maintain not only International Securities Identification Numbers (ISINs) and related Classifications of Financial Instruments (CFIs), as before, but a host of other related ISO-standards identifiers and their data elements. In addition, the database system offers more granular search facilities, enhanced quality checks and a portfolio service.

For industry participants and data vendors that subscribe to the ASB data services or use its online look-up service, this advance will offer a broader information set related to specific financial instruments, while eliminating the labor and complications of researching and integrating this information for use in trading, post-trade processing, risk management and regulatory reporting. The full set of standards-based numbering codes and data related to a financial instrument file now includes the following:

  • The Instrument
    • ISO 6166 International Securities Instrument Number (ISIN)
    • ISO 18774 Financial Instrument Short Name (FISN)
  • The Type of Instrument incl. features describing the instrument - ISO 120 10962 Classification of Financial Instruments (CFI)
  • The Issuer of the Instrument - ISO 17442 Legal Entity Identifier (LEI)
  • The issuer country code - ISO 3166, and headquarters address
  • The Denominated Currency - ISO 4217 Currency
  • Initial Trading Locations - ISO 10383 Market Identifier Code (MIC)
  • Lead Manager - identified by LEI
  • The Fund Manager - identified by LEI
  • Central Securities Depository - identified by LEI

The National Numbering Agencies (NNAs) will provide the ASB with the expanded set of ISO identifiers for financial instruments issued in their markets. LEIs will be available from countries in which LEIs are issued. The NNAs are in the process of converting to the new file-upload interface to the ASB. Enhanced data is now populating the ASB database from a growing number of financial markets.

"We are proud that this great project to increase the scope and value of the ANNA Service Bureau is coming to fruition," said Dan Kuhnel, chairman of the ANNA board of directors. "ANNA has a long tradition of dedication and cooperation among its membership in support of market efficiency. Their willingness to support this vision, as well as the technical collaboration of the ASB partners, has created an unprecedented financial data resource that, we believe, will remove obstacles to straight-through processing and ease regulatory compliance tasks around the world."

About the ISIN

The ISIN is the globally recognized, ISO-developed standard for instrument identification. Designed to uniquely identify financial instruments by key characteristics, the standard covers equities, debt, derivatives and other commonly issued and traded instruments. To date, more than 26 million unique ISINS have been assigned to investment instruments issued in 122 national markets, enabling issuers and investors to trade in these instruments in additional markets around the world.

About the ASB

The ANNA Service Bureau was established by ANNA in 2001 to support the membership and the industry as a consolidated hub of ISIN, CFI and related instrument information. The ASB is operated for ANNA by the US National Numbering Agency (NNA), CUSIP Global Services, and the Swiss NNA, SIX Financial Information. In addition to assisting the NNAs to serve their local market participants seeking international instrument data, the ASB also offers data subscriptions tailored to the needs of market participants and data vendors.

About ANNA

Established in 1992 by 22 founding numbering agencies, ANNA is the membership organization of national numbering agencies, which include depositories, exchanges, government agencies, data vendors and other financial infrastructure organizations. ANNA also serves as the Registration Authority for ISIN and CFI numbering standards, under appointment by the International Organization for Standardization (ISO). Under ANNA's stewardship, the importance of the ISIN in enabling global financial communications is strongly established worldwide, while the number of national numbering agencies issuing ISINs continues to grow each year.

For information about ANNA, its members and activities, please visit anna-web.org.

Contact:
Kathleen Hawk
Clearview Associates
[email protected]
+1 (845) 687-2222

Keywords

ANNA, numbering agencies, financial, finance, depositories, exchanges, government agencies, data vendors, Association of National Numbering Agencies

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