S&P Unveils Compliance Tool

Standard & Poor's has tackled the issue of compliance with the release of "Security to Entity CrossWalk" online.The application enhances operational controls and efficiency by automatically linking more than five million securities identifiers (including CUSIPs and ISINs) from S&P and Telekurs Financial with corporate identifiers from the D&B global database, according to S&P. The application makes it possible for data managers, compliance and risk managers, portfolio managers, and operations personnel to meet new risk management mandates (such as under the Basel II accord and the Sarbanes-Oxley law) by instantly identifying risk on an asset, portfolio, companywide, or market level. Web access to "Security to Entity CrossWalk" offers clients the ability to conduct individual look-ups and on-the-fly searches. The application can be found on the Web at http://www.crosswalkweb.com.