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Industrial Talk is onsite at OMG, Q1 Meeting and talking to Richard Robinson, Chief Strategist and Author with Bloomberg LP about "Open Data and Standards Development for All".

Free to use, FIGI is an open data standard that provides a solution for identifying and creating context-specific data models of financial instruments. The FIGI data model creates links between the different bespoke FIGI identifiers that exist for different functions and connects them rationally, providing a comprehensive identification solution that can complement existing methodologies, thereby avoiding forcing end users to change what they are used to using.

OpenFIGI deprecation of Version 1 and Version 2 of the API, all users to Migrate to Version 3

This quarterly report outlines enhancements to our product as well as market news surrounding Open Symbology and the Financial Instrument Global Identifier (FIGI).

This quarterly report outlines enhancements to our product as well as market news surrounding Open Symbology and the Financial Instrument Global Identifier (FIGI).

FIGI Assignment for Loans (English)

This quarterly report outlines enhancements to our product as well as market news surrounding Open Symbology and the Financial Instrument Global Identifier (FIGI).

Financial Instrument Global Identifier (FIGI) Wins Most Innovative Data Standards Initiative at the A-Team Innovation Awards 2023

This quarterly report outlines enhancements to our product as well as market news surrounding Open Symbology and the Financial Instrument Global Identifier (FIGI).

Financial Instrument Global Identifier (FIGI) Wins Most Innovative Data Standards Initiative at the A-Team Innovation Awards 2023

This quarterly report outlines enhancements to our product as well as market news surrounding Open Symbology and the Financial Instrument Global Identifier (FIGI).

This quarterly report outlines enhancements to our product as well as market news surrounding Open Symbology and the Financial Instrument Global Identifier (FIGI).

This quarterly report outlines enhancements to our product as well as market news surrounding Open Symbology and the Financial Instrument Global Identifier (FIGI).

This quarterly report outlines enhancements to our product as well as market news surrounding Open Symbology and the Financial Instrument Global Identifier (FIGI).

Allocation Rules For The Financial Instrument Global Identifier (FIGI)

ISITC - 28th Annual Securities Operations Summit

This quarterly report outlines enhancements to our product as well as market news surrounding Open Symbology and the Financial Instrument Global Identifier (FIGI).

Bloomberg and Kaiko are pleased to announce the issuance of the first series of Financial Instrument Global Identifiers covering crypto assets.

This quarterly report outlines enhancements to our product as well as market news surrounding Open Symbology and the Financial Instrument Global Identifier (FIGI).

ASC X9 Publishes U.S. Standard for the Financial Instrument Global Identifier

This quarterly report outlines enhancements to our product as well as market news surrounding Open Symbology and the Financial Instrument Global Identifier (FIGI).

This quarterly report outlines enhancements to our product as well as market news surrounding Open Symbology and the Financial Instrument Global Identifier (FIGI).

Object management group announces kaiko to expand financial instruments global identifier® (figi®) standard for crypto assets

This quarterly report outlines enhancements to our product as well as market news surrounding Open Symbology and the Financial Instrument Global Identifier (FIGI).

OpenFIGI Removing Redundant and Legacy Fields.

Upcoming Webinar: Data Standards – progress and case studies

This quarterly report outlines enhancements to our product as well as market news surrounding Open Symbology and the Financial Instrument Global Identifier (FIGI).

The Brazilian Association of Technical Standards (ABNT), the country’s standardization body and member of the International Organization for Standardization (ISO), has launched the standard on the Financial Instrument Global Identifier (FIGI

This quarterly report outlines enhancements to our product as well as market news surrounding Open Symbology and the Financial Instrument Global Identifier (FIGI).

This quarterly report outlines enhancements to our product as well as market news surrounding Open Symbology and the Financial Instrument Global Identifier (FIGI).

This quarterly report outlines enhancements to our product as well as market news surrounding Open Symbology and the Financial Instrument Global Identifier (FIGI).

Value Xd has developed a unique search and selection mechanism and a user friendly interface that communicates with the Open FIGI API and allows its users to search and identify securities globally.

The pain of managing multiple securities identifiers remains a common problem for market participants across asset classes. But the use of open data solutions, such as the Financial Instrument Global Identifier, slowly is increasing. TABB Group head of fintech research Monica Summerville looks at trends in the securities identification space, barriers to the industry’s adoption of an open standard, drivers pushing the industry to identify a solution, and why FIGI is a leading contender.

As of Friday, November 8th, additional validation measures will be rolled out to the New FIGI Request form for All Funds submissions in an effort to inform users of logic violations prior to submission.

This quarterly report outlines enhancements to our product as well as market news surrounding Open Symbology and the Financial Instrument Global Identifier (FIGI).

Standard identifiers are playing an increasingly important role in finance and trade globally. TFG’s Deepesh Patel heard from Richard Young at FIGI (Bloomberg).

Data Management Summit 2019 - September 19th in New York City

This quarterly report outlines enhancements to our product as well as market news surrounding Open Symbology and the Financial Instrument Global Identifier (FIGI).

Search Page Column Order Changes on July 1st

Cadence, the leading digital securitization and investment platform for private credit, has enabled assigning FIGIs to all of its digital investment products.

Taiwan Exchange Code Display Change

Symbology Creates Video to Highlight FIGI Benefits

This quarterly report outlines enhancements to our product as well as market news surrounding Open Symbology and the Financial Instrument Global Identifier (FIGI).

A-Team's Data Lineage Handbook - 2019

Mexico Stock Exchange – New Exchange Code MF

Lisa Iagatta, Director of Account Management for Investment Services at Fiserv, will serve as the next Chair of the organization through 2020.

This quarterly report outlines enhancements to our product as well as market news surrounding Open Symbology and the Financial Instrument Global Identifier (FIGI).

OptionMetrics Adopts Financial Instrument Global Identifier (FIGI) for Options Data Products in US, Europe, Asia, and Canada

This quarterly report outlines enhancements to our product as well as market news surrounding Open Symbology and the Financial Instrument Global Identifier (FIGI).

The Data Management Summit, organised by A-Team Group, brings together the community of data management professionals within the financial technology industry. Join us to connect with like-minded practitioners and learn new and innovative approaches and technologies to help you manage your data management challenges.

London-based BMLL Technologies Ltd is a data analytics platform for quantitative analysis of the historical limit order book data from a broad range of exchanges and other data sources. The firm provides coverage of global markets with a focus on equities, futures and options. BMLL is seeing strong customer demand and expects to increase the headcount to 50 employees by the end of 2018.

The Financial Instrument Global Identifier (FIGI) is a 12-digit alphanumeric, randomly generated ID. The first three positions are always filled with ‘BBG’. The 'BB' is to identify the Certified Provider of the FIGI, Bloomberg LP. The 'G" is to identify the FIGI as a global identifier . Characters 4 -11 will be alphanumeric (less vowels), and the 12th digit will be numeric and will serve as a check-digit. A check-digit is essential since it is a means of validating the accuracy of the entire number. The check-digit formula is based on the Modulus 10 Double Add Double technique and will be applied to every FIGI number. To calculate the check-digit, using the first 11 digits and beginning at the last digit and working right to left, every second digit is multiplied by two. Letters are converted to numbers as illustrated below. The resulting string of digits (numbers greater than 10 become two separate digits) are added up. Subtract the total from the next higher number ending in zero. If the total obtained when summing up the digits is a number ending in zero, then the check digit is zero.

股票层级代码分配 股票层级代码分配 股票层级代码分配 股

Equity Levels of Assignment (English)

Financial Instrument Global Identifier™ (FIGI™) is an establishedglobalstandardoftheObjectManagement Group® (www.OMG.org, an international non-profit technology standards consortium founded in 1989). The OMG FIGI standard is issued and distributed by Bloomberg L.P. as a Registration Authority under the auspice of OMG®.

金融工具全球识别码™（FIGI™）是对象管理组织®（www.OMG.org，成立于1989年的国际非营利 技术标准联盟）确立的全球标准。在OMG®的支持下，彭博有限合伙企业作为注册机构发布与传播 OMG FIGI标准。

This quarterly report outlines enhancements to our product as well as market news surrounding Open Symbology and the Financial Instrument Global Identifier (FIGI).

A Case of Mistaken Identity: Is There Strength in Numbers?

The Data Foundation is excited to announce the support of Bloomberg as of March 2018. Steve Meizanis, Bloomberg’s Global Head of Entity Content Management, will be nominated to the Data Foundation’s Board of Directors on May 10, 2018.

OpenFIGI.com and OpenFIGI API is Eliminating Support for TLS 1.0 and TLS 1.1

Bloomberg's Richard Young will be a guest speaker at this years Data Management Summit on March 22nd at the Hilton Tower Bridge, London.   Richard will contribute to the panel discussion - 'MiFID II: Unfinished business', providing insights on some of the remaining data challenges post MiFID II implementation, including remaining issues around key identifiers such as ISIN and LEI.

This quarterly report outlines enhancements to our product as well as market news surrounding Open Symbology and the Financial Instrument Global Identifier (FIGI).

Using the documentation and instructions found on openfigi.com, Pluribus Labs’ team began using the OpenFIGI API to begin mapping. The straightforward process and ease of use allowed the company to forgo any assistance from Bloomberg’s Symbology team. The effort expended by the firm was very little, requiring only one member to be assigned to this task. Pluribus began extracting multiple levels of FIGI for equities, including the Share Class FIGI, which helped to simplify the process of isolating companies being mentioned on social media around the world.

Come January 3, 2018, data issues with ISIN, CFI and FISN may come knocking. And end up impacting firms in ways they didn't anticipate or plan for.

NA to BB ticker changes

With the huge dependence on ISIN for all things driving MiFID II reporting (ToTV, SI, and so forth), data quality is of the utmost importance. Therefore, it should be concerning if that data is not available or otherwise unreliable for the existing listed market.........................................

This quarterly report outlines enhancements to our product as well as market news surrounding Open Symbology and the Financial Instrument Global Identifier (FIGI).

VX to SW ticker changes. Deprecation of VX Exchange

At the Digital Transformation & Global Society Conference recently hosted by ITMO University, Bloomberg experts spoke about new standards of identification of financial instruments and how they can help solve such problems.

Much has been written about the revised version of the EU Markets in Financial Instruments Directive (MiFID II), which is scheduled to be implemented in January 2018. Now, however, the data aspects of MiFID II are receiving more attention, and firms are particularly focused on some of the data standards choices that regulators have imposed for the first time in MiFID II. Managing the identifiers for financial instruments and entities is central to this challenge, and is one of the core requirements for firms MiFID II compliance.

Availability of Financial Instrument Global Identifier (FIGI) in Bloomberg Barclays Series-L Index Feeds

This quarterly report outlines enhancements to our product as well as market news surrounding Open Symbology and the Financial Instrument Global Identifier (FIGI).

FIGI in Data Lineage

DerivSource podcast

Intrinio, a financial data and app marketplace, today announced it has adopted the open-source global identification data framework, the Financial Instrument Global Identifier (“FIGI”), for all listed securities in its coverage.

OpenFIGI.com has been nominated by the Financial News as Most Innovative Data Product/ Service. The 2017 winners will be announced on May 25

This quarterly report outlines enhancements to our product as well as market news surrounding Open Symbology and the Financial Instrument Global Identifier (FIGI).

A mid-size global asset manager based in Europe uses FIGI to manage corporate actions & to trade more efficiently.

Data management is evolving as a critical business function and properly identifying financial instruments is now a top priority for data and risk management professionals.

TABB Group’s recent outreach found that financial organizations are challenged by the current state of having multiple security masters and often suffer real operational pain due to inaccurate or insufficient financial instrument identification. From an operations standpoint, resources that are devoted to cross referencing and maintaining numerous identifiers combined with those resolving trade failures and reconciliation mismatches are costly.

This open industry consultation addresses the technology and operations of the numbering agency services of the ANNA Derivatives Service Bureau.

This open industry consultation addresses the proposed fee model for the numbering agency services of the ANNA Derivatives Service Bureau.

Large Canadian bank uses Financial Instrument Global Identifier to streamline workflow & reduce costs

Data vendor helps clients achieve mapping & exchange-level identification through use of the Financial Instrument Global Identifier

Execution & order management software company uses Financial Instrument Global Identifier to create standardized solution for clients with no additional cost.

This quarterly report outlines enhancements to our product as well as market news surrounding Open Symbology and the Financial Instrument Global Identifier (FIGI).

Exchange Data International (EDI) has released Version.2 of its worldwide adjustment factor feed service, including the addition of Financial Instrument Global Identifier (FIGI) codes in response to client requests in North America.

The financial crisis of 2007-2008 has led to an unparalleled regulatory drive to prevent a repetition of those events. Much of the global regulatory response has focused on strengthening the banking system, especially those institutions classified as global, systemically important institutions. Regulators in key markets have also turned their attention to derivatives, alternative investments and activities that fall under the regulatory definition of shadow banking, for example, repo transactions and securities lending. Many new regulations that cover these areas have been developed, derived in large part from the recommendations of global regulatory standard-setting bodies such as the Basel Committee, the Financial Stability Board (FSB) and CPMI-IOSCO

This quarterly report outlines enhancements to our product as well as market news surrounding Open Symbology and the Financial Instrument Global Identifier (FIGI).

The Financial Instrument Global Identifier (FIGI) is an open data standard, defined by the financial industry, to provide a solution to consistently identify financial instruments, regardless of asset class, or function being preformed. FIGI is more than a code - it is the methodology and system for defining how data is related, and how that information is conveyed.

This quarterly report outlines enhancements to our product as well as market news surrounding Open Symbology and the Financial Instrument Global Identifier (FIGI).

Bolsa de Valores de Quito today announced it will adopt the Financial Instrument Global Identifier (FIGI) to identify their listed equities, including common stock, preferred stock, and trusts.

Given the advocacy to promote adoption and promulgation of standards, there is a reality to address. Theoretically, a single overarching standard for everything - how and what we trade, buy, sell, execute and identify - would create a homogenous and equal society. But in reality, there needs to be recognition of a few important points.

Serving the needs of a specific community, standards can have significant positive effect not just for that group, but also on society as a whole. But the establishment of standards should always be weighed against the potential for improper commercial exploitation, possible barriers to change and the cost implications associated with revising an existing standard versus adopting something new. Given this, we should examine the organizations that create and maintain standards. First, there is no global standards-setting authority and no federation that coordinates all the various standards efforts. In the majority of cases, participants are volunteers with their time and effort effectively donated by individual firms for the greater good.

Sample of Relevant Standards Organizations (non-exhaustive)

Financial institutions continue to take a tactical rather than strategic approach to data management for multiple regulations, but change is on the way and will be discussed during a panel session on the challenges and opportunities of incoming regulation at this week's A-Team Group Data Management Summit in London.

Our world is constantly evolving. There is a point where existing standards have served their purpose, but to evolve and advance, there are new standards that must come into being. This is especially true in the area of information.

A LinkedIn article by leading technology analyst Bob OâDonnell about the promise and confusion of USB Type-C reminded me of the challenges and conflicting issues that often arise when trying to create a standard.

Recognizes the Best Financial & Market Data Solution designed for professionals in the financial and capital markets industries. Nominees may submit solutions that provide financial, market data and related information for market practitioners. Includes real-time data services, reference data solutions, or historical data, financial news services, market analysis & research, credit services, capital markets, commodities & energy, foreign exchange, fixed income and/or merger and acquisition information.

This quarterly report outlines enhancements to our product as well as market news surrounding Open Symbology and the Financial Instrument Global Identifier (FIGI).

This quarterly report outlines enhancements to our product as well as market news surrounding Open Symbology and the Financial Instrument Global Identifier (FIGI).

Bloomberg announced the launch of OpenFIGI.com and the OpenFIGI API to provide exchanges, data providers, custodians and other organizations direct access to multiple tools for identifying, mapping and requesting the Financial Instrument Global Identifier (FIGI). These new web-based tools will help organizations search for existing FIGIs, request identifiers for new securities and crossreference, or map, FIGIs to other third-party identifiers.

Many people in the market seem to have a misunderstanding about what ISINs (International Securities Identification Numbers) are, how they work and what they can be used for. Below are links to a series of Finextra articles that explain how they work.

The Object Management Group (OMG) announced today the recent approval of the Financial Instrument Global Identifier (FIGI) standard, which marks a major advancement in the identification of financial instruments.

The open source Financial Instrument Global Identifier (FIGI), formerly the Bloomberg Global Identifier (BBGID), is coming closer to being a primary security identifier following its inclusion in the ISO 20022 external code set for financial instrument identification and its formal approval as a standard by the Object Management Group (OMG).

The Financial Instrument Global Identifier (FIGI) has been adopted by Deutsche Bank to identify syndicated loans that sit in collateralized loan obligations (CLOs) and other credit based structures.

The recent announcement by Bloomberg to make their symbology available as open-source, and NYSE Euronext's announcement to distribute the Bloomberg symbols as part of its datafeed, is a positive step towards opening the debate in this area for more efficient electronic order routing and one of its central requirements. We believe this represents the potential direction in a process, similar to the steps in the adoption of FIX, which could lead to greater standardization and result in benefits for the buy-side, brokers, vendors, liquidity venues and regulators alike.

Bloomberg Open Symbology Introduces New Operational Efficiencies and Cost Reductions for the Trading Community. Chaos theory has nothing on the complexity generated everyday by the millionsâperhaps billionsâof security transactions that cross trading floors, clearinghouses and exchanges all over the world. Almost every aspect of securities management is based on closed systems that use proprietary identifiers that are privately owned and licensed. Closing each deal is as much an exercise in translation as it is in transaction processing, as traders, investors and brokers wrestle with multiple proprietary formats to determine what security is, who owns it, how much it is worth, and when the deal should be closed. It introduces a tremendous amount of friction into the trade lifecycle and creates opaqueness where clarity is sought. In addition, the use of proprietary identifiers adds significant cost and overhead when users wish to integrate data from disparate sources or migrate to a different market data system.

Virtus Partners announced today it has adopted the Financial Instrument Global Identifier, or FIGI, to identify syndicated loans that sit in collateralized loan obligations (CLOs) and other credit based structures. By adopting the FIGI standard, CLO and credit (or just loan) asset managers now have the ability to easily identify loans and create comprehensive reports to help investors better understand the performance of their investments.

The financial industry continues to struggle with uniquely identifying the millions of instruments traded daily. Lack of unique identification results in massive costs, negatively affects data quality, complicates data management and governance, and contributes to the lack of transparency within firms as well as with regulators

This quarterly report outlines enhancements to our product as well as market news surrounding Open Symbology and the Financial Instrument Global Identifier (FIGI).

Last Monday, the European Securities and Markets Authority (ESMA) published technical standards that describe how regulations such as the Markets in Financial Instruments Directive (MiFID II), the Market Abuse Regulation (MAR) and the Central Securities Depositaries Regulation (CSDR) will apply in practice to market participants. The technical standards document includes guidance for data usage and messaging solutions for cross-asset trade reporting requirements stipulated by these new regulations. It was a monumental effort to pull together guidance to help harmonize the objectives of these new regulations and improve market place transparency and efficiency. At the same time, some guidance in ESMA's directive is puzzling and even concerning.

This quarterly report outlines enhancements to our product as well as market news surrounding Open Symbology and the Financial Instrument Global Identifier (FIGI).

Joining Bloomberg I have never taken job changes lightly, but with this particular move, I was particularly focused. I had finally found out what I wanted to do with my life. Data had been part of things I had done all along my career, but suddenly, data was cool. Data was at the forefront. Firms finally seemed serious about data, not as a necessary evil, but as an asset...

Bloomberg's Christopher Pickles, of the Open Symbology team, recently published a blog post on the Asia ETrading site, discussing a variety of topics related to the complexity of reporting on, and identifying, instruments using existing identifier systems. He then discusses the use of the Financial Industry Global Identifier (FIGI), an emerging open standard spearheaded by Bloomberg and adopted by dozens of exchanges and data providers around the world.

U.S. Bank is first corporate trustee to adopt the transparent, open-source methodology.

This quarterly report outlines enhancements to our product as well as market news surrounding Open Symbology and the Financial Instrument Global Identifier (FIGI).

This quarterly report outlines enhancements to our product as well as market news surrounding Open Symbology and the Financial Instrument Global Identifier (FIGI).

On September 15, the financial services industry came one step closer to embracing a system for naming financial securities that is non-proprietary, offers broad coverage and is universally available without restrictive license terms and fees. Board members of the Object Management Group (OMG), a not-for-profit technology standards consortium, unanimously voted to adopt the Financial Instrument.