CounterpartyLink was chosen by AXA Investment Managers because they meet its current information requirements. CounterpartyLink has also committed to work closely with AXA Investment Managers to meet its expanding need for compliant legal entity data.
As a new and dynamic company, CounterpartyLink is able to respond immediately to AXA Investment Managers and other clientsâ requirements as they grow under the ever increasing burden of regulatory change. This, coupled with CounterpartyLinkâs exclusive focus on collecting, maintaining and distributing Legal Entity reference data, makes this an ideal engagement for both parties.
CounterpartyLink provides over 80 fields of validated data for each entity, covering name and address details, corporate hierarchy, registration and regulator details and a variety of other standard identifiers, including the SWIFT BIC code. Uniquely, every field is linked back to an original public filing or web page, providing a complete audit trail back to source for each value displayed.
AXA Investment Managers is using CounterpartyLink as a source of standardized and maintained reference data, which is used internally across a broad variety of functions as a high quality, and most importantly, auditable source of information. CounterpartyLink are providing an additional service to AXA Investment Managers by identifying the issuers required from a master list of security identifiers provided by the client. In this way CounterpartyLink is not only providing AXA Investment Managers a maintained issue-to-issuer linkage, but also the underlying information about the issuers, clients or counterparties requested.
âMaintaining accurate client and counterparty data across jurisdictions is an important challenge, and it is essential to our data strategy. We selected CounterpartyLink because they understand well our requirements as an Asset Manager and provide the high levels of service we require from our providers.â said Valerie Malaval, Global Head of Change Management Data at AXA Investment Managers.
Christoph Lammersdorf, Managing Director of CounterpartyLink, said, âWe are very pleased to work with AXA Investment Managers, both as our launch client for Issue to Issuer mapping and as our first client in the strategically important French market, and we look forward to a long and beneficial relationshipâ