Risk management.In an alliance with Dun & Bradstreet Brad·street , Anne Dudley 1612-1672. English-born colonial poet who wrote several collections of verse, including The Tenth Muse Lately Sprung Up in America (1650). (D & B) and Telekurs Financial, Standard & Poor's Corp. is offering Web access to "Security to Entity CrossWalk" to help clients better manage risk while eliminating the need for additional installed software. S & P calls the product, www.crosswalkweb.com, the first automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. service to link business entities with financial securities. Security to Entity CrossWalk creates a 360-degree graphical representation of a company's corporate hierarchy. It enhances operational controls and efficiency by automatically linking more than 5 million securities identifiers, including CUSIPs and ISINs, from Standard & Poor's and Telekurs Financial, with corporate identifiers from the D & B global database. "Firms can now quickly and cost-effectively expose the full level of linkages between securities, issuers, affiliates and subsidiaries, creating a transparency (1) The quality of being able to see through a material. The terms transparency and translucency are often used synonymously; however, transparent would technically mean "seeing through clear glass," while translucent would mean "seeing through frosted glass." See alpha blending. that is needed within the marketplace today," explains Louis Louis, titular duke of Burgundy Louis, 1682–1712, titular duke of Burgundy; grandson of King Louis XIV of France. He became heir to the throne on the death (1711) of his father, Louis the Great Dauphin. P. Nazzaro, Security to Entity CrossWalk Product Manager at Standard & Poor's. "By providing online access to Security to Entity Cross-Walk, we offer both power and flexibility without the costs of installing new software on each and every desktop." The solution empowers data managers, compliance and risk managers, portfolio managers and operations personnel to meet new risk management mandates, such as the Sarbanes-Oxley Act See SOX. and Basel II Basel II is the second of the Basel Accords, which are recommendations on banking laws and regulations issued by the Basel Committee on Banking Supervision. The purpose of Basel II is to create an international standard that banking regulators can use when creating regulations , by quickly identifying risk on an asset, portfolio, firm-wide or market level. Web access to Security to Entity Cross-Walk offers clients the ability to conduct individual look-ups and on-the-fly searches, providing added convenience, scalability How much a system can be expanded. See scalable. scalability - How well a solution to some problem will work when the size of the problem increases. For example, a central server of some kind with ten clients may perform adequately but with a thousand clients it and cost efficiency for companies with distributed offices and end-users. Security to Entity CrossWalk is also available as a bulk-load master feed and a portfolio-specific service. The new Web-based service allows navigation top-down, bottom-up or anywhere within a corporate family tree, and can be used in conjunction with the master feed and portfolio service for ondemand searches. A free 15-day online trial of Security to Entity CrossWalk can be had by sending an email to sp_marketing@standardandpoors.com or by calling 212.438.4500. |
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