Project Charter

The applicability and actionability of data driven insights in financial services is often a function of how quickly and easily different datasets for analysis can be brought together into a unified set of data for subsequent analysis. Merging data, especially data associated with various financial securities, is often made more difficult than it should be due to lack of public, common, industry accepted master identifiers with a canonical mapping to other IDs for the security as used in specific data provider systems, often proprietary. This can also cause issues throughout the trade lifecycle, from pre-trade to settlement. The lack of clean, shareable data means institutions must develop their own repositories mapping securities reference data, which is extremely duplicative, does not offer a proprietary advantage, is difficult to maintain individually and can be damaging if incorrect.

The intention of the Securities Reference Data project is to address this by developing a public master record - a “golden source” of sorts - that maps symbols (securities identifiers) from a wide range of market sources. Initial project goals include:

• Identify any existing open standards that can be leveraged, e.g. OpenFIGI
• Define the scope and priority of securities reference data to be included
• Understand any licensing restrictions that may exist
• Define the structure of data to be collected and associated repository along with processes to manage access and updates
• If/as needed build common tools, practices, and techniques to help match and merge security data sets
  
  

Group Information

• Mailing list: data-tech-sec-ref@finos.org (web archive)
  • Join the mailing list by sending an email to data-tech-sec-ref+subscribe@finos.org. 
    
    
• Meetings
  • Schedule: Project meets every two weeks on Tuesdays @ 11am ET / 4pm BT
  • Webex details:
    • WebEx: 
      https://finos.webex.com/finos/j.php?MTID=mf43ec72e7ce8e771da12093c940c7ab9
    • Meeting number:
      668 805 739 

    • Join by phone:. +1-240-454-0879 USA Toll | +44-20319-88141 UK Toll | Global call-in numbers

Participation Requirements

No additional requirements

The Team

Tasks