TOKYO, March 5 (Bernama-BUSINESS WIRE) — Nomura Research Institute, Ltd. (NRI) (TOKYO: 4307), a leading provider of consulting services and system solutions, announced today the company’s I-STAR/CORE has been updated for international Financial Stability Board (FSB)’s Standards and Processes for Global Securities Financing Data Collection and Aggregation. The system updates have been completed and NRI began offering the service on January 4th, 2019.
FSB’s Standards and Processes for Global Securities Financing Data Collection and Aggregation, published in November 2015, defines the data elements for repos, securities lending and margin lending that national and regional authorities are asked to report as aggregates to the global aggregator to detect financial stability risks and develop policy responses. Data required to be reported includes trading details such as date and price, collateral market price, counterparty details, type of contract, and trading purposes.