Virginie’s Blog – The Ripple Effect

05 Jul 2010 Full content is free with registration

The news last week that entity and counterparty data specialist provider Avox had been snapped up by a willing party in the form of the Depository Trust & Clearing Corporation (DTCC) comes as no surprise on either front. But what does the sale mean for the other main entity data focused vendor on the scene, CounterpartyLink? Moreover, if DTCC is going down the data utility route with entity data (among other things), what of Swift’s plan to adapt the Bank Identifier Code (BIC) into a legal entity identifier?

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