FIA Tech expands reference data offering
27 October 2021 United Kingdom
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FIA Tech has expanded its reference data offering with three new services in an effort to help increase efficiency in the futures markets.
The new services, consisting of Cross Reference Symbology, Contract Specifications and Cash and Collateral, form part of FIA Tech’s strategy and commitment to providing the industry standard reference data to the derivatives industry.
FIA Tech’s Cross Reference Symbology mapping tool provides firms with access to the exchange venue product code and other FIA Tech product codes such as Docs standard codes.
The Contract Specifications service provides users with the ability to standardise contract classification, identify basic trading information, and identify crucial settlement dates associated with futures contracts.
This data set of contract information can be adapted to firms’ specific requirements, delivered daily in the format or structured to choice.
The Cash and Collateral service provides users with a standardised, aggregated view of collateral instruments accepted by global clearing houses and a number of associated relevant static data points including haircuts, concentration limits, and fees.
Andrew Castello, head of reference data, says: “This expansion of FIA Tech’s reference data offering allows us to better service our customers by unifying our product reference data across services and improving our system functionality. We have seen strong market demand for these offerings and believe they will offer significant value to existing and new customers.”
The new services, consisting of Cross Reference Symbology, Contract Specifications and Cash and Collateral, form part of FIA Tech’s strategy and commitment to providing the industry standard reference data to the derivatives industry.
FIA Tech’s Cross Reference Symbology mapping tool provides firms with access to the exchange venue product code and other FIA Tech product codes such as Docs standard codes.
The Contract Specifications service provides users with the ability to standardise contract classification, identify basic trading information, and identify crucial settlement dates associated with futures contracts.
This data set of contract information can be adapted to firms’ specific requirements, delivered daily in the format or structured to choice.
The Cash and Collateral service provides users with a standardised, aggregated view of collateral instruments accepted by global clearing houses and a number of associated relevant static data points including haircuts, concentration limits, and fees.
Andrew Castello, head of reference data, says: “This expansion of FIA Tech’s reference data offering allows us to better service our customers by unifying our product reference data across services and improving our system functionality. We have seen strong market demand for these offerings and believe they will offer significant value to existing and new customers.”
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