CGS

February Corporate and Municipal CUSIP Request Volumes Rise Sharply

Retrieved on: 
Tuesday, March 19, 2024
Compact disc, CUSIP, CGS, Cryptocurrency

The report, which tracks the issuance of new security identifiers as an early indicator of debt and capital markets activity over the next quarter, found a sharp monthly rise in request volume for new corporate and municipal identifiers.

Key Points: 
  • The report, which tracks the issuance of new security identifiers as an early indicator of debt and capital markets activity over the next quarter, found a sharp monthly rise in request volume for new corporate and municipal identifiers.
  • The monthly volume increase was driven by a 67.7% rise in request volume for U.S. corporate debt identifiers.
  • Texas led state-level municipal request volume with a total of 112 new CUSIP requests in February, followed by New York (81) and California (45).
  • On an annualized basis, international equity CUSIP requests are down 17.9% and international debt CUSIP requests are up 55.7%.

CUSIP Global Services Adds Climate Bonds Initiative's Green Bond Data to Global Data Feeds

Retrieved on: 
Tuesday, March 12, 2024
Senior, ESG, CUSIP, CGS, Security (finance)

NORWALK, Conn. and LONDON, March 12, 2024 (GLOBE NEWSWIRE) -- CUSIP Global Services (CGS) today announced an alliance with the Climate Bonds Initiative (Climate Bonds), an international organization working to mobilize global capital for climate action, to add green bond data attributes for corporate and municipal bonds in its global data feed and desktop products.

Key Points: 
  • NORWALK, Conn. and LONDON, March 12, 2024 (GLOBE NEWSWIRE) -- CUSIP Global Services (CGS) today announced an alliance with the Climate Bonds Initiative (Climate Bonds), an international organization working to mobilize global capital for climate action, to add green bond data attributes for corporate and municipal bonds in its global data feed and desktop products.
  • The new green bond tags will enable fixed income market participants to instantly identify and categorize securities that contain specific environmentally sustainable growth attributes, based on Climate Bonds' internationally recognized taxonomy for evaluating green finance principles and establishing green bond standards.
  • With this enhancement of its data feed and desktop products, CGS will append a text-based descriptor to the standard CUSIP ID for green bonds.
  • "CUSIP Global Services delivers critical data tools for the $130 trillion bond market.

CGS and Tradelink Technologies Partner to Deliver Industry’s First Real-time, End-to-End Factory RFID Solution

Retrieved on: 
Wednesday, February 28, 2024
Organization, Rationalization, CGS, Software, RFID, Partnership, Online shopping

The partnership provides for the industry’s first end-to-end factory RFID solution, from raw materials to shop floor control and shipping – including serialization and traceability that enables the delivery of the European Product Passport.

Key Points: 
  • The partnership provides for the industry’s first end-to-end factory RFID solution, from raw materials to shop floor control and shipping – including serialization and traceability that enables the delivery of the European Product Passport.
  • “With the BlueCherry Suite, factories can have confidence that the data they rely on to inform pivotal business decisions is unified and accurate.
  • “By combining BlueCherry Shop Floor Control with Tradelink's RFID solutions, we've created a win-win for everyone.
  • We are thrilled that this partnership will give factories complete visibility, inventory accuracy, and traceable data, providing customers with the best solution to deliver actionable insights into operations."

CGS and Technopak Partner to Strengthen Factory Performance and Productivity

Retrieved on: 
Tuesday, February 27, 2024
CGS, Partnership, Organization, Software

With three decades of experience working with organizations across retail, consumer goods, and manufacturing services, Technopak comes with a multi-industry exposure and understanding of the landscape and challenges that brands and retailers face daily.

Key Points: 
  • With three decades of experience working with organizations across retail, consumer goods, and manufacturing services, Technopak comes with a multi-industry exposure and understanding of the landscape and challenges that brands and retailers face daily.
  • The partnership between the two companies addresses a fundamental demand for consumer goods manufacturers who constantly need to improve productivity, efficiency, and product quality while controlling costs.
  • “BlueCherry Shop Floor Control software captures time and performance data on all production activities in real-time, allowing executives and business partners to have the transparency needed to monitor every aspect of factory operations.
  • “Our joint efforts will allow factories to gain the highest value for their investment while reducing costs, improve efficiency, and increase agility.”

CGS BlueCherry® and TradeLink Technologies to Partner at Bharat Tex 2024 to Showcase end-to-end Factory RFID Solution

Retrieved on: 
Friday, February 23, 2024
RFID, Microsoft, Bharat, Memorandum, Textile, CGS, Software, Partnership

NEW YORK, Feb. 23, 2024 (GLOBE NEWSWIRE) -- CGS, a global provider of software and business applications, enterprise learning, and outsourcing services, today announced CGS BlueCherry and TradeLink Technologies (TradeLink) are kicking off their partnership at Bharat Tex 2024 by unveiling the industry’s first end-to-end factory RFID solution.

Key Points: 
  • NEW YORK, Feb. 23, 2024 (GLOBE NEWSWIRE) -- CGS, a global provider of software and business applications, enterprise learning, and outsourcing services, today announced CGS BlueCherry and TradeLink Technologies (TradeLink) are kicking off their partnership at Bharat Tex 2024 by unveiling the industry’s first end-to-end factory RFID solution.
  • The technology also includes serialization and traceability that can enable the delivery of the European Product Passport.
  • “The expo’s main discussions across resilient global supply chains, digitization, and sustainability are why we chose to showcase and unveil our end-to-end factory RFID solution at Bharat Tex 2024,” said Dan Entac, President of TradeLink Technologies.
  • Bharat Tex 2024 will highlight the richness of Indian textiles and strengthen its image as a custodian of tradition, innovation, and sustainability.

January Corporate and Municipal CUSIP Request Volumes Flat Year-Over-Year

Retrieved on: 
Friday, February 16, 2024
CGS, CUSIP, Compact disc, Cryptocurrency

The monthly volume increase was driven by a 24.8% rise in request volume for U.S. corporate debt and a 4.6% increase in requests for U.S. corporate equity identifiers.

Key Points: 
  • The monthly volume increase was driven by a 24.8% rise in request volume for U.S. corporate debt and a 4.6% increase in requests for U.S. corporate equity identifiers.
  • Texas led state-level municipal request volume with a total of 79 new CUSIP requests in January, followed by California (58) and Massachusetts (44).
  • “While corporate CUSIP request volumes are up slightly on a monthly basis and municipal volumes are down slightly versus December, we appear to be on track for relatively stable issuance volumes over the course of the first quarter.”
    Requests for international equity CUSIPs rose 31.4% in January and international debt CUSIP requests rose 25.8%.
  • On an annualized basis, international equity CUSIP requests are down 9.8% and international debt CUSIP requests are up 106.3%.

CUSIP Global Services Assumes Administration of Card Issuer Identification Numbering System

Retrieved on: 
Wednesday, February 7, 2024
Senior, CUSIP, American Bankers Association, BIN, IIN, Database, ABA, CGS, Cryptocurrency

NORWALK, Conn., Feb. 07, 2024 (GLOBE NEWSWIRE) -- CUSIP Global Services (CGS) today announced that it has assumed administration of the industry standard Issuer Identification Number (IIN), also known as the Bank Identification Number (BIN), an 8-digit identifier used to uniquely identify card-issuing institutions, such as credit, debit and points/rewards card issuers. The American Bankers Association (ABA) has served as the registration authority for the IIN standard (ISO/IEC7812) since it was developed in the early 1970s. ABA will continue in that capacity, but day-to-day operations will now be managed by CGS.

Key Points: 
  • NORWALK, Conn., Feb. 07, 2024 (GLOBE NEWSWIRE) -- CUSIP Global Services (CGS) today announced that it has assumed administration of the industry standard Issuer Identification Number (IIN), also known as the Bank Identification Number (BIN), an 8-digit identifier used to uniquely identify card-issuing institutions, such as credit, debit and points/rewards card issuers.
  • The American Bankers Association (ABA) has served as the registration authority for the IIN standard (ISO/IEC7812) since it was developed in the early 1970s.
  • ABA will continue in that capacity, but day-to-day operations will now be managed by CGS.
  • “With approximately 90% of all consumer transactions in the U.S. now taking place on credit, debit and virtual cards and new card issuers entering the marketplace almost daily, the need to maintain a rock-solid backbone for issuer identification is more important than ever,” said Scott Preiss, Senior Vice President and Global Head, CUSIP Global Services.

Corporate and Municipal CUSIP Request Volumes Fall in December

Retrieved on: 
Friday, January 12, 2024
Compact disc, CUSIP, CGS, Cryptocurrency

The monthly volume decrease was driven by a 5.9% decline in request volume for corporate debt and a 15.2% decline in requests for Canadian corporate identifiers.

Key Points: 
  • The monthly volume decrease was driven by a 5.9% decline in request volume for corporate debt and a 15.2% decline in requests for Canadian corporate identifiers.
  • New York led state-level municipal request volume with a total of 68 new CUSIP requests in December, followed by Texas (62) and New Jersey (54).
  • “While corporate CUSIP request volumes have been generally strong all year, and have ended 2023 in positive territory, municipal volumes are down considerably from last year’s totals.”
    Requests for international equity CUSIPs fell 22.8% in December while international debt CUSIP requests fell 1.9%.
  • On an annualized basis, international equity CUSIP requests are down 16.3% and international debt CUSIP requests are down 4.1%.

First trading day for R&S Group on SIX Swiss Exchange

Retrieved on: 
Saturday, December 30, 2023
Trust, Sale, SIX Swiss Exchange, CGS, R&S, SIX, IPO, Renewable energy

Following the name change from VT5 Acquisition Company AG to R&S Group Holding AG (R&S Group), the shares of R&S Group Holding AG will be traded for the first time today according to the Swiss Reporting Standard of SIX Swiss Exchange under the ticker symbol RSGN and the ISIN number CH1107979838.

Key Points: 
  • Following the name change from VT5 Acquisition Company AG to R&S Group Holding AG (R&S Group), the shares of R&S Group Holding AG will be traded for the first time today according to the Swiss Reporting Standard of SIX Swiss Exchange under the ticker symbol RSGN and the ISIN number CH1107979838.
  • Following completion of the Initial Business Combination with the first Swiss listed SPAC, VT5 Acquisition Company AG, R&S Group celebrates the start of trading on SIX Swiss Exchange as a public company with the opening bell ceremony at SIX headquarters this morning.
  • Markus Laesser, CEO of R&S Group, said: "Today is a special day for R&S Group and all our stakeholders.
  • As a Swiss engineering leader with high-quality, reliable products and a leading position in its markets, R&S Group fulfills or exceeds VT5's investment principles as defined at the start of VT5.

Corporate and Municipal CUSIP Request Volumes Rise in November

Retrieved on: 
Thursday, December 14, 2023
CUSIP, Compact disc, CGS, Cryptocurrency

The monthly volume increase was driven by a 5.6% increase in request volume for corporate debt and a 3.1% increase in requests for U.S. corporate equity identifiers.

Key Points: 
  • The monthly volume increase was driven by a 5.6% increase in request volume for corporate debt and a 3.1% increase in requests for U.S. corporate equity identifiers.
  • Texas led state-level municipal request volume with a total of 146 new CUSIP requests in November, followed by California (72) and Indiana (70).
  • “Overall, corporate CUSIP request volumes have been strong throughout the rising rate environment and look to end the year in positive territory, but municipal volumes are likely to end the year down vs. what we saw in 2022.”
    Requests for international equity CUSIPs rose 37.4% in November while international debt CUSIP requests rose 9.0%.
  • On an annualized basis, international equity CUSIP requests are down 14.9% and international debt CUSIP requests are down 9.4%.