Since the announcement of the launch of their entity identifier joint venture back in February (see coverage here), Cusip Global Services and Avox have been steadily working on increasing the coverage of their Cusip Avox Business Reference Entity identifier (Cabre) codes. According to Darren Purcell, European director for CGS, the vendors currently have in the range 300,000 such identifiers at the moment. He is hopeful that the recent acquisition of Avox by the Depository Trust & Clearing Corporation (DTCC) will boost the success of the endeavour due to its US reach (see our coverage of the buy out here).

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