The Financial Instrument Global Identifier (FIGI) is an established global specification issued by the Object Management Group and distributed by Bloomberg LP as a Certified Provider and Registration Authority.
The methodology behind the FIGI is based on Bloomberg’s Open Symbology, or BSYM, a system Bloomberg developed for identifying securities across all global asset classes. FIGI closes the gap in existing symbology systems, not only providing coverage across all global asset classes, but also providing flexibility for use in multiple functions, allowing firms to tie together disparate and fragmented symbologies, eliminate redundant mapping processes, streamline the trade workflow and reduce operational risk. FIGI also fills in the gap for asset classes that do not normally have a global identifier, including loans, futures and options.
Key Features and Coverage on RIMES
For this data source, RIMES hosts approximately 25800 bonds, 18250 indices, and 615530 companies.
Some of the data items available include:
- Bloomberg Global Identification Key, Bloomberg Market Sector, Bloomberg Symbol, Bloomberg Ticker, Bloomberg Ticker/Market Sector, Bloomberg Unique Identification Key, Exchange Identification Code, ISIN Code, Last Price Date, Local Code, Security Type, etc.