BIGTXN has unveiled the industry's first-ever in-depth guide to sanctioned securities and best practices

UK-based data processor BIGTXN, a provider of securities and compliance information to the financial services industry, today announced that it has completed the acquisition of sanctions.com

BigTXN has partnered with Rimes to extend its global sanctions screening universe to include cleansed and validated ETF data. Rimes collects, validates and normalizes ETF data from all global ETF providers by linking compositions with underlying constituents.

It is with great sadness that we learnt about the passing of Valery Lucas-Leclin, who was the Head of Index Research at Wilshire Indexes and one of the pioneers of sustainable finance research over a career spanning 25 years.

BigTXN’s sanctions processing system picked up multiple errors while processing OFAC’s official SDN file, errors of this nature can be quite disruptive to matching and processing of sanctioned securities data.

Managing investment risk in overseas marijuana related businesses remains a legally complex and operationally challenging area.

BigTXN’s United Nations Global Compact (UNGC) Screening service has processed its first 1,000 portfolios since inception.

To expand the market for its Global Sanctions Monitoring (GSM) service, the UK-headquartered data provider, BigTXN has appointed Exchange Data International (EDI) as an authorised reseller.

As the Adani Group companies are stripped from indexes and put under review amid allegations of improper use of offshore tax havens, stock manipulation and coal financing misdemeanours, ESG investors are once again left questioning why a strategy intended to shield against risks such as greenwashing and bad governance – mostly at a premium fee – did not protect them from this ESG debacle.

The Global Sanctions Monitoring ('GSM') service from UK-headquartered data provider BigTXN identifies explicitly-stated sanctions, but also implicitly-sanctioned entities and their linked instruments.