Broad Universe of Parent-Issuer Level Content with Instrument/Security Master and Entity Reference Data Can Help Analyse and Manage Risk
Interactive Data Corporation a leading provider of financial market data, analytics and related solutions, today announced the launch of a new portal for its award-winning* Business Entity ServiceSM. The flexible web-based portal can help clients of Interactive Data’s Business Entity Service delivered via its FTSSM securities administration tool to analyse and manage the risk from their global exposure by issuing entities, corporate hierarchy, asset class, industry and region.
The new portal is designed to help clients obtain a more complete picture of the corporate hierarchy of an entity and its underlying securities issuance in order to better understand its capital structure and enable end users to track risk exposures across mission-critical pre- and post-trade business functions. The portal can also help identify the potential risks that could be triggered by ‘stress’ events affecting related entities from within the family tree of the subject entity.
Access to comprehensive combined instrument-to-entity reference data and the relationships between entities is designed to provide clients with a panoramic view of exposure by instrument and by issuing entity, and an interactive view of issuer hierarchies linked to their underlying issuance. Comprehensive search criteria enable end users to logically navigate the relationships between issuer hierarchies, both from the ultimate parent entity down and from the individual instrument identifier up.
“Greater transparency of inter-relationships between financial instruments, issuers and market data provides risk managers with additional tools to monitor their investment strategy, and can help firms analyse and monitor that risk is commensurate with the business services they provide,” said Bob Cumberbatch, European business lines director, Reference Data, Interactive Data. “The Business Entity Service portal enables clients to interrogate our data as required, helping to provide them with a better understanding of their global exposure.”
The portal enables navigation of issuer hierarchies by instrument identifier, such as SEDOL®, ISIN® and CUSIP®, entity full legal name, entity identifier, and interactive representations of issuing hierarchies and their underlying issuance.
The new portal extends Interactive Data’s existing view services and further enhances its global Business Entity Service. The Business Entity Service is designed to help clients meet their requirements for managing credit, market and operational risk, financial instruments’ collateral, as well as compliance under a variety of global risk management and liquidity risk regulations.
