NSD and Interfax Launch RU Data Price to Assess Bond Value and Risk
- The new service will enable institutional investors to meet regulatory standards
The National Settlement Settlement Settlement in finance refers to the process when a buyer makes payment and receives the agreed-upon services or goods. The term is used on exchanges such as New York Stock Exchange (NYSE) when security changes hands. When the asset is transferred and placed in the new buyer's name, it is considered settled. This process could take a few hours or several days after a trade is made. It depends on the clearance process. In the United States, the settlement date for marketable stocks is usually 2 Settlement in finance refers to the process when a buyer makes payment and receives the agreed-upon services or goods. The term is used on exchanges such as New York Stock Exchange (NYSE) when security changes hands. When the asset is transferred and placed in the new buyer's name, it is considered settled. This process could take a few hours or several days after a trade is made. It depends on the clearance process. In the United States, the settlement date for marketable stocks is usually 2 Read this Term Depository (NSD), a central securities depository, announced the launch of a new service this Friday. RU Data Price, which was launched with the Interfax Group, enables users to assess bond value and risks.
The new service allows institutional investors to analyze market risks and generate regulatory reports based on data from the NSD’s Valuation Center and Thomson Reuters. It has been added to the NSD’s already extensive database, the RU Data platform.
This platform enables institutional investors to have a comprehensive overview of the financial markets. The database lists 40,000 financial instruments and 20,000 organizations such as issuers and financial intermediaries.
Meeting the regulator's standards
Significantly, RU Data Price allows users to meet Russian regulatory standards pertaining to Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term and market risk. It does this by giving liquidity ratings to bonds in the market, allowing banks to automatically adjust the level of risk-weighted assets they hold.
In a similar vein, the new service enables users to better assess the prices of financial instruments. This means institutions can better meet the ‘fair value measurement’ provisions set out by IFRS13.
RU Data Price gathers its data from both Thomson Reuters and Interfax. Thomson Reuters supplies data pertaining to financial instruments while Interfax, with authorization from the Bank of Russia, can provide information on issuers.
Commenting on the release of the new product, Alexander Diakovskiy, NSD’s Managing Director for Information Assets, said: “The RU Data Price product is a principally new approach to handle large amounts of data used for official assessments carried out by NSD. It creates a transparent reference system for daily operations of different divisions of modern financial institutions.”
The National Settlement Settlement Settlement in finance refers to the process when a buyer makes payment and receives the agreed-upon services or goods. The term is used on exchanges such as New York Stock Exchange (NYSE) when security changes hands. When the asset is transferred and placed in the new buyer's name, it is considered settled. This process could take a few hours or several days after a trade is made. It depends on the clearance process. In the United States, the settlement date for marketable stocks is usually 2 Settlement in finance refers to the process when a buyer makes payment and receives the agreed-upon services or goods. The term is used on exchanges such as New York Stock Exchange (NYSE) when security changes hands. When the asset is transferred and placed in the new buyer's name, it is considered settled. This process could take a few hours or several days after a trade is made. It depends on the clearance process. In the United States, the settlement date for marketable stocks is usually 2 Read this Term Depository (NSD), a central securities depository, announced the launch of a new service this Friday. RU Data Price, which was launched with the Interfax Group, enables users to assess bond value and risks.
The new service allows institutional investors to analyze market risks and generate regulatory reports based on data from the NSD’s Valuation Center and Thomson Reuters. It has been added to the NSD’s already extensive database, the RU Data platform.
This platform enables institutional investors to have a comprehensive overview of the financial markets. The database lists 40,000 financial instruments and 20,000 organizations such as issuers and financial intermediaries.
Meeting the regulator's standards
Significantly, RU Data Price allows users to meet Russian regulatory standards pertaining to Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term and market risk. It does this by giving liquidity ratings to bonds in the market, allowing banks to automatically adjust the level of risk-weighted assets they hold.
In a similar vein, the new service enables users to better assess the prices of financial instruments. This means institutions can better meet the ‘fair value measurement’ provisions set out by IFRS13.
RU Data Price gathers its data from both Thomson Reuters and Interfax. Thomson Reuters supplies data pertaining to financial instruments while Interfax, with authorization from the Bank of Russia, can provide information on issuers.
Commenting on the release of the new product, Alexander Diakovskiy, NSD’s Managing Director for Information Assets, said: “The RU Data Price product is a principally new approach to handle large amounts of data used for official assessments carried out by NSD. It creates a transparent reference system for daily operations of different divisions of modern financial institutions.”