The issue with the certificate master data: Certificate master data are often considered static information. In fact, they are among the most dynamic records in the financial market. Anyone who offers certificates in a banking app, a broker, a stock exchange platform or a financial portal therefore requires continuous maintenance and updating of the master files.
At first glance, master data appear invariable. ISIN, issuer or product type appear to be registered and valid on a permanent basis. In practice, however, numerous information changes over the entire life cycle of a certificate.
These include, for example, newEmissions, Maturities, Knock-out events, adaptations ofBasic pricesorReference ratiosand changesTrading venuesand product features. At the same time, new structured products are created daily, while others run out or are terminated prematurely.
The thing with the certificate master files.
For financial companies, this means: master data is not a single task, but rathera continuous process. Outdated or incomplete data can cause products to no longer be displayed correctly, provide search functions with faulty results or can no longer be reliably calculated.
That is why professional providers invest considerable resourcesin continuous caretheir data. In addition to the collection of new products, it also includes the ongoing validation of existing data sets as well as the rapid processing of changes and corporate actions.
At ARIVA, certificate master datafor many yearsupdated and provided for banks, brokers, stock exchanges and financial platforms. They are supplemented byregularly calculated certificate metrics, which support professional applications in the analysis and presentation of structured products.
Anyone who develops digital financial applications needs far more than a unique data delivery. A decisive factor isreliable data supplythe changes are processed andpermanently high data qualitysecure. This continuous care is the basis for ensuring that structured products can be correctly displayed, found and analyzed in financial applications.
ARIVA is one of the leading providersof certificate master data and certificate key figures inDA– Room.
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