Markit, S&P Cusip Service issue identifiers for loan market entities

By Sara Rosenberg

New York, Nov. 16 - Markit and Standard & Poor's Cusip Service Bureau collaborated to issue unique identifiers for each loan market entity, allowing for straight-thru processing and improving accuracy, transparency and operational efficiency, according to a news release.

Through this collaboration, roughly 18,000 Markit Entity Identifiers have been issued, covering counterparties, funds/sub-funds and borrowers.

The program includes the issuance of Cusips for deals and their respective facilities by the Cusip Service Bureau.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.