Standard & Poor's to Provide Counterparty Data Feed to Siperian MDM Hub for Better Risk Analysis & Operational Management |
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Standard & Poor's
25 Broadway
New York, NY, 10004
USA
Press release date: February 20, 2008
Security to Entity CrossWalk(TM) to provide greater transparency into the relationships between entities for Siperian customers
NEW YORK, Feb. 20 - 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 client and counterparty profiles and associated reference data in order to ensure credible risk aggregation and improve data consistency across systems. 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 Securities Classifications. "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."
About Standard & Poor's
Standard & Poor's, a division of The McGraw-Hill Companies (NYSE:MHP), is the world's foremost provider of financial market intelligence, including independent credit ratings, indices, risk evaluation, investment research and data. With approximately 8,500 employees, including wholly owned affiliates, located in 21 countries, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com/
About Siperian, Inc.
Siperian, Inc. is an innovative provider of the most flexible master data management platform. Siperian helps companies unify their critical data about customers, products, and organizations - and delivers the most reliable, complete views of this data within existing business processes. Siperian MDM Hub(TM) offers the next generation of architectural flexibility for managing all types of master data with an integrated, model-driven software platform that adapts to your business requirements - and delivers rapid return on investment on critical projects today while evolving to a complete enterprise master data management platform. Siperian's approach enables rapid implementation and has earned the company its reputation for leadership and proven success by meeting the complex requirements of market-leading companies in Financial Services, Health & Life Sciences, High-Tech, Manufacturing, and Communications and Media. With corporate headquarters in San Mateo, California, Siperian has offices throughout the United States and in Toronto, Canada, and an EMEA office in London. To learn more about Siperian visit www.siperian.com or call 1-866-747-3742.
Source: Standard & Poor's
CONTACT: For Standard & Poor's: Christopher Capot KNB Communications +1-212-505-2441 ccapot@knbpr.com
For Siperian: Chris McCoin or Richard Smith McCoin & Smith Communications LLC +1-508-429-5988, Chris or +1-978-433-3304, Rick chris@mccoinsmith.com or rick@mccoinsmith.com
Web site: http://www.standardandpoors.com/ http://www.siperian.com/
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