@Sailesh Pandey

Nomura

@Benjamin Sandler

AQR

@Mark Andrade

FinTech Sandbox

John Matera

FactSet

@Tosha Ellison

FINOS

5 min

Convene & roll call

Sailesh (Nomura)

15 min

Draft Roadmap

Sailesh (Nomura)

Security Reference Data Project Roadmap

Sailesh walked through the roadmap and also noted:

• the dates are tentative/aggressive and that the later dates would change based on progress in Q1 and Q2.

• the group should review and provide feedback for discussion at the next WG meeting

20 min

Follow up on the action to initiate the discussion with Open Corporates regarding use of their unique code and distribution/support by vendors - BBG/TR

All

Discussion on Reuters PermID and Bloomberg FIGI

• Individuals from the WG reached out to Bloomberg and Reuters contacts and while both have "open" standards neither is fully open and there is not appetite to fully converge on one standard (unless it's their own)

• Reuters PermID is assigned to entities and securities and looks like it is open but it isn't fully, e.g. Bloomberg can't use it.

• Bloomberg FIGI is assigned to entities and securities but only the Security IDs are open

• OpenCorporates ID is fully open

Other discussion items included:

• It would be good to bring other vendors into this discussion

• Query if S&P has any plans to issue CUSIPs

• John has a contact at Open Corporates (Jade Croucher) who will speak with us. John will provide an intro to the group and Tosha will follow up with an intro to FINOS.

• Some items to understand from Open Corporates include 1) how issues/entities are assigned and 2) how the hierarchy mappings work. General perception is that it provides a broad overall view but without necessarily having a complete entity mapping.

10 min

Creation of static for Agency Bonds

All

5 min

AOB & adjourn

None