X9D Securities Subcommittee – Project Status
X9.6 Committee On Uniform Security Identification Procedures Securities Identification CUSIP
Provides specifications for uniquely identifying an eligible issue. It shall serve as the common denominator in communications among users for completion of transactions and exchange of information. It specifies both the configuration of the number and the meaning attached to each portion.
X9.145 Framework for Financial Instrument Identification
Adopting an open system (in contrast to singular identifiers) of shared symbology serves to establish the foundation for the needs of any modern data management solutions related to the efficient trading, settlement and reporting of financial instruments. Such a system will enable firms and technology service providers to shift resources from laborious, inefficient, error prone and typically manual, processes to new investments in tools and products that will better serve clients, consumers, regulators and the industry at large.