Data Solutions

To help firms comply with new transparency requirements, Bloomberg’s MiFIR Transparency Solution provides data for firms to determine and complete their pre- and post-transparency, transaction and reference data reporting obligations under MiFIR.

The solution covers multiple asset classes and provides key data points such as:

• Instrument identifiers including LEIs, CFI codes and Financial Instrument Short Name
• MiFIR product classifications
• Liquidity status and LIS and SSTI thresholds
• ToTV and uToTV indicators
• Transparency Waiver Data

The Bloomberg MiFIR Transparency data is available via real time, scheduled, and bulk file enterprise data feeds.

How we help our clients

Bloomberg’s OTC ISIN Solution provides firms with a full list of active ISINs, enriched with other MiFID-specific data like ToTV, uToTV, and liquidity thresholds available via both bulk file enterprise feed and broadcast service. This solution allows our clients to maintain a solid golden copy for OTC ISINs to meet pre- and post-transparency, transaction and reference data reporting obligations for OTC derivatives under MiFIR.

This data set also allows firms to build a robust data framework to analyze derivative market activity in conjunction with our market data feeds. This provides clients with insight into activity by venue, instrument or sub asset classes and aggregation across different attributes such as ToTV status, currency, underlying, maturity etc.

How we help our clients

To comply with MiFID II and the new Packaged Retail and Insurance-based Investment Products (PRIIPs) regulation, Bloomberg’s Investor Protection solution collates data supporting firms in their MiFID II and PRIIPs suitability and appropriateness requirements. The solution focuses on the following key areas:

• MiFID II Complexity flag and the attribute explaining the underlying complexity factor according to ESMA guidelines
• PRIIPs KID/EMT/EPT key data fields e.g. weblink KID & SRI and the MiFID II Target Market fields

How we help our clients

As a result of MiFID II, a large stream of real-time market data has been made available in historically non-transparent asset classes such as Credit, Rates and FX. Bloomberg is on-boarding, aggregating and normalizing pre- and post-trade transparency data from global Approved Publication Arrangements (APAs), Multi-Lateral Trading Facilities (MTFs) and other trading venues to provide in-depth market transparency.

How we help our clients