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Xignite Enhances Bond Master Data API

Aug 31, 2020 By Vijay Choudhary Categories - Product Updates

Xignite Corporate Bond Data

Xignite offers several APIs that provide real-time, delayed, and historical fixed income price data for corporate and agency debt bonds. We have recently enhanced our Bond Master API, increasing the coverage from U. S. only to 190+ countries, adding additional bond types to support 2 million active bond issues, and increasing the ease of use of the API with several new endpoints. Because much of the benefits of a reference data service derives from its breadth, depth, and quality of coverage, these enhancements give you with the added peace of mind that comes from knowing securities and holdings can be validated against a more complete universe. 

Unlike other financial data APIs, Xignite’s Bond Master API is cloud-native and offers a robust selection of use-case-based endpoints. These endpoints are ready-to-use pieces of code that developers can easily integrate into their product or app, regardless of type, amount, or frequency of data, without the need for any complex integration logic. And unlike file-based data delivery solutions, the Bond Master API makes on-demand integration into downstream security master or compliance systems frictionless. 

Additional detail on the enhanced Bond Master endpoints:

  • The List endpoint for bond type, issuer type, and domicile lets you slice and dice the bond universe differently based on use-case.
  • The ScreenBonds endpoint lets you dynamically and easily screen the bond universe by combining criteria based on coupon rate, maturity date, callability, and issue convertibility. 
  • The ListBondDataPoints and GetBondDataPoints endpoints let you more easily pick and choose the reference data points you need to integrate into your systems.
  • The GetBondDataPoints  end point enables access to additional reference data points without requiring changes to an existing implementation. 

Xignite’s enhanced Bond Master API entirely eliminates the need to painfully maintain an on-site bond security master. The local bond master can be synchronized and accurate by using the Bond Master API as a master reference. You can easily embed bond reference and master information into applications, including spreadsheets, websites, mobile apps by making on-demand calls.

We also have expanded coverage from corporate and government bonds to include the following bond issuer types:

  • Government Agency 
  • Government Controlled Company
  • State Government
  • Supranational

Additionally, you can now check coverage and granularity for the following new bond types:

  • Bankers Acceptance
  • Capital Securities
  • Cash Management Bill
  • Certificate
  • Certificate of Deposit
  • Commercial Paper,
  • Covered Bond
  • Debenture
  • Depository Receipt
  • Discount Notes
  • Loan Note
  • Loan Stock 
  • Medium Term Notes
  • Note
  • Permanent Interest Bearing Shares 
  • Preferential Security 
  • Preferred Security 
  • Reference Bills 
  • Structured Product 
  • Strip Package
  • Treasury Bill

Additional reference data points are now available for all bond types :

  • Issue instrument identifiers  (CUSIP, ISIN, Symbol, etc.) 
  • Bond Issuer details including issuer name, domicile, unique company identifier, issuer status, industry and sector
  • Bond Issue details including maturity, coupon, coupon type, par value, dated date, distribution and amortization details, day count convention, original issue details, liquidation right, callable, convertible, guarantor, redemption, and other issue details

With this increased coverage, accuracy, and flexibility, Xignite’s Bond Master API is the most advanced REST Cloud API for bond reference data available in the market today.

Vijay Choudhary

Vijay Choudhary

Vice President, Product Management, Market Data Solutions

Vijay Choudhary leads product management at Xignite and is the brain behind our innovative API and market data management solutions. Prior to Xignite, Vijay was with buy-side technology firm Charles River and Goldman Sachs spearheading technology-driven product initiatives.

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