London Stock Exchane SEDOL Masterfile Launches One Million Global Exchange Traded Derivatives and Migrates Onto UnaVista Platform

15 September 2008

The London Stock Exchange today announced that SEDOL Masterfile, its unique provider of reference data and identification of global multi-asset class securities, will extend its coverage by one million global exchange traded derivatives and migrate onto UnaVista, the Exchange’s global matching, reconciliation, data integration and validation service.

The expansion of SEDOL’s existing database coverage of 2.5 million securities into the derivatives space significantly enhances its capabilities to provide full coverage of global exchange traded futures and options contracts, and reflects London’s position as an international financial centre. Providing customers with a single identifier to uniquely recognise global derivatives will help to standardise the process in which trade and reference data is used and communicated.

By migrating onto UnaVista, SEDOL Masterfile’s global customer base of 1,400 global companies will benefit from enhanced new web-based data enquiry screens and be able to receive SEDOL codes delivered through a more flexible data delivery platform. Customers will have the ability to sort data files by asset class and geographical coverage. UnaVista will provide a platform to aggregate and clean reference data across multiple data feeds sourced from data vendors, financial institutions, global numbering agencies and direct from exchanges In addition, the introduction of a web services API, online reconciliation screens and cross-reference linkages will provide customers with real-time database validation and the ability to map SEDOL codes against global exchange tickers and local codes.

Commenting on SEDOL Masterfile’s launch of exchange traded derivatives and the use of UnaVista, Mark Husler, Head of Business Development for Data and Software, said: “This development will assist customers to standardise the identification of derivatives through the use of a single code, replacing the need to group multiple reference data attributes together. Migrating SEDOL Masterfile to UnaVista will allow us to take advantage of new technologies and provide a more flexible and strategic platform for the product. It will enable customers to navigate our reference databases more effectively and deliver the technology required to significantly expand our data coverage.”

In July, the London Stock Exchange announced the launch of the UnaVista BMU. This same software provides industry participants with a powerful central matching service that is flexible and fast to implement. UnaVista BMU recently launched its pilot service and the full service will be available to brokers and hedge funds from Q4 this year.

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