Get the full issuer and issue details behind any CLIP code
Available only to Markit RED subscribers, Reference Entity Link provides the full issuer and issue picture behind each CLIP code. It automatically identifies all the issuers and issues associated with each Markit RED entity.
Obtain more than 100,000 CUSIP® numbers
Reference Entity Link gives you access to more than 100,000 issuer and issue CUSIP® numbers for the entities in the Markit RED database.
The Markit RED database is the market standard for confirming reference entities and their reference obligation “pairs”. Governed by an Advisory Board of representatives from seven major financial institutions, Markit Red provides accurate, audited legal reference names for approximately 1,800 entities covering 2,500 issues. Reference Entity Link covers non-matured debt securities. Issuers with only equity issues are excluded.
Features
Standard & Poor's offers Reference Entity Link as an optional service. It is updated weekly and delivered via FTP.
Now that nine-digit CLIP codes are mandatory for dealers matching on DTCC, there has never been a better time to maximize the information value of Reference Entity Link.
Link a specific CUSIP to a particular business entity
Identify the credit exposure of each CLIP entity
Increase operational efficiency by eliminating manual entity - to issuer - to issue cross-referencing
