Investment Houses and Data Vendors can access a global coding database online. Codefile is an Internet-based SEDOL/ISIN verification database covering all traded and defunct securities traded on the stock exchange.
The service covers more than 300,000 securities over 100 countries, and is primarily for use in portfolio and securities management. The data is sourced from the London Stock Exchange (LSE) Securities Masterfile, and is automatically updated on a daily basis.
Codefile enhances the performance of all back office departments. This online service allows the swift identification of securities using Sedol, ISIN, Issuer Name or a host of other search criteria, including Security Type (Warrants, Bond etc.) and Country of Register.
How can Codefile benefit you?
The benefits to Internet users are plenty. The speed and accuracy of the net allows those in the securities industry to stay at the forefront of technology. Even with this progressive technology, it's difficult to follow the constantly changing data in the securities business. With our Internet data feeds, the information is tracked much quicker than the previous antiquated methods of receiving data. This speed and convenience allows managers to receive vital data in a much more timely manner, thus keeping them on the cutting edge of the security world.
Codefile allows you to search for all traded, coded and defunct securities, archived name changes and deletions. The system also allows the user to search for securities via a combination of search criteria, e.g. all GB Ord 25p securities.
With this service in place there is no further need to make premium rate calls to the masterfile enquiry line, and there is a reduction in internal costs by eliminating manual processing and stockfile updating by automating back-office operations.