Reference Data Testing

Key features

• Executes a range of tests to counterparty and instrument reference data to check for both accuracy and completeness
• Full population of reference data is tested for complete mappings to the appropriate identifiers
• Assesses the use and allocation of internal identifiers
• Normalises legal name and address
• Real-time checking of Legal Entity Identifiers (LEIs)
• For MiFIR, EMIR, DFA, SFTR, HKMA, ASIC and other G20 regulations.

What do you get?

Reference data testing is delivered as a managed service with testing taking place monthly or quarterly depending on your trading volumes. Clients receive: 

• Summary management report on your data, detailing the risks identified and testing findings
• Summary information on the shape of your reference data
• A list of all findings by reference data record providing complete transparency and an audit trail
• Proposed values for LEIs where these are missing from your data.