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Press Release
02:34 PM 4th November 2024 GMT+00:00
S&P Global Market Intelligence Wins Best Reference Data Provider
Reporting by Editors
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Article Summary
S&P Global Market Intelligence received the Best Reference Data Provider award at the Regulation Asia Awards for Excellence 2024 for its innovative solutions that enhance data integrity and regulatory compliance in the financial industry.
The firm's Cross Reference Services, Kensho Link, and Managed Corporate Actions platform provide comprehensive and accurate reference data, enabling financial institutions to manage diverse datasets and meet evolving regulatory demands effectively.
The award underscores the importance of high-quality reference data in maintaining the integrity and resilience of global financial markets, with S&P Global's commitment to precision and adaptability setting a benchmark for industry standards.
This summary has been produced by RegAI. Contents may not be accurate.
S&P Global Market Intelligence was awarded Best Reference Data Provider at the 7th Regulation Asia Awards for Excellence 2024, celebrated in person on 4 November 2024.
The Best Reference Data Provider award recognises solutions that set industry standards for data integrity, timeliness, and regulatory alignment, while also fostering operational efficiency and accuracy. This category celebrates firms that enable financial institutions to manage diverse datasets confidently, ensuring they meet evolving regulatory demands with precision and confidence.
S&P Global Market Intelligence was recognised for its Cross Reference Services, Kensho Link and Managed Corporate Actions (MCA) platform, which demonstrate an unparalleled commitment to delivering accurate, timely, and adaptable reference data to the financial industry. The Cross Reference Services encompasses business entity, instrument and industry sector data, while Kensho Link offers a machine learning service that maps entities with unique ID numbers drawn from S&P Global’s extensive company database. Managed Corporate Actions (MCA) provides a centralised source of validated corporate actions data for more than 3 million equities, fixed income and structured securities, across 170 countries and territories.
S&P Global’s global data coverage and custom workflows help firms streamline their data management processes while significantly reducing manual intervention and supporting regulatory compliance needs of individual institutions, across jurisdictions. The firm consistently achieves top scores for data quality and helps to promote market integrity by ensuring error-free data updates needed for complex market operations.
“S&P Global’s solution continues to exemplify a commitment to excellence in reference data management,” said one judge on the Regulation Asia Awards panel. “The firm’s integration of machine learning to streamline corporate actions data processing is particularly innovative, and its extensive global data coverage ensure firms can confidently meet their regulatory and risk management expectations in their market activities.”
“This award highlights the critical and enduring role of high-quality reference data in ensuring the integrity and resilience of financial markets globally,” said Bradley Maclean, Co-founder of Regulation Asia and Chair of the Awards Committee. “S&P Global Market Intelligence’s dedication to precision and adaptability sets a benchmark for industry standards, supporting financial institutions as they navigate increasingly complex regulatory demands and market dynamics.”
About the Regulation Asia Awards for Excellence 2024
The Regulation Asia Awards for Excellence recognises financial institutions, technology companies, legal and consulting firms, exchanges and other players that help ensure the highest regulatory compliance standards are upheld in the financial industry. Each year, senior industry practitioners serve on a judging panel to help assess and score each submission to determine the winning entrants.
For a full list of the award 2024 winners, visit www.regulationasia.com/awards.
About Regulation Asia
Regulation Asia is the leading source of actionable regulatory intelligence for Asia Pacific markets. With over 13,000+ subscribers, including regulatory bodies, exchanges, banks, asset managers and service providers, Regulation Asia plays a key role in shaping the regulatory agenda.
Visit www.regulationasia.com or connect via LinkedIn or Twitter.
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