Lenders and their service providers are trying to improve the accuracy, timeliness, and completeness of data to assist in decision-making and analytical processing.
Today CUSIP Global Services (“CGS”) announced the launch of a unique entity identifier created specifically for the $5 trillion syndicated loan market and the private credit space. The CUSIP Entity Identifier (CEI), a unique 10-character code assigned to each legal entity holding corporate loans, was developed in collaboration with the LSTA and Versana. Background: Traditionally,...
CUSIPs have been a critical identifier in the syndicated loan space – and the LSTA’s Ellen Hefferan explains that they will remain the gold standard after their divestiture by S&P and acquisition by FactSet.
