Siperian adds S&P counterparty data feed to MDM Hub

Source: Standard & Poor's

Standard & Poor's, a leading provider of financial market intelligence, and Siperian, Inc. developers of an industry leading master data management (MDM) platform, today announced that Standard & Poor's will provide a counterparty data feed to Siperian MDM Hub.

The new data feed will enable Siperian customers to view critical relationships between securities, issuers, parents and subsidiaries for better risk analysis and operational management.

The new partnership will allow organizations to create a comprehensive, enterprise-wide view of their client and counterparty profile and associated reference data in order to ensure credible risk aggregation, improve data consistency across systems and enhance views that support risk managers. By combining Siperian's advanced master data management platform with Standard & Poor's trusted security and legal entity data feed, Security to Entity CrossWalk, firms can cross reference data assets to reduce internal risk and exposure.

The addition of Standard & Poor's Security to Entity CrossWalk (an alliance between Standard & Poor's, D&B and Telekurs Financial) to Siperian's MDM Hub offers a more transparent, holistic look at how various entities are related to each other.

"Standard & Poor's is expanding the availability of our security-to-corporate hierarchy data by partnering with market participants like Siperian," said James Taylor, managing director of Standard & Poor's. "We are committed to providing more transparency for the financial markets by delivering a variety of data to investment and financial research professionals."

"Many of our customers are using Siperian MDM to manage counterparty and legal entity hierarchies for risk management, trade execution, and client on-boarding programs," said Ken Hoang, CTO and founder of Siperian. "By adding Standard & Poor's as one of our supported data services, our clients can accelerate their counterparty and legal entity MDM Hubs with trusted security to issuer reference data."

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