Operational flow improvement
Direct connection between the NoMe platform and the ISIN system.
Automatic ISIN Generation for Financial Bills
This improvement is part of the project to expand the integration between the NoMe platform and the ISIN generator system
In seeking to facilitate the operational flow for market institutions, B3 continues to expand the integration between the NoMe platform, which provides infrastructure for the OTC market, and the ISIN (International Securities Identification Number) generator system.
The integration enables users to automatically generate ISIN when depositing bank funding products at B3.
Now this service will also be available for Level II Subordinated Financial Bills (LFSN) and Complementary Subordinated Financial Bills (LFSC).
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Product benefits
Efficiency in depositing securities
By reducing the launch phases for LFSNs and LFSCs.
Process automation
By eliminating manual tasks and improving user experience.
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Automatic ISIN generation benefits projects that demand market development and readiness.
B3 is the Brazilian numbering agency, the only institution in Brazil authorized to assign ISINs for financial securities. The application of ISIN enables international standardization in codification of financial securities, assigning each asset a unique identification code.
The project makes the process of obtaining ISINs faster and more efficient, thus eliminating the need to generate and carry the code between different systems by issuers of subordinated financial bills.
This integration model may be expanded to other products if a market need and demand is identified.
Timeline
-
02/13/2023
Go-live
Available to the market
Technical details
Catalog changes
No catalog changes
Main systems
No system impacted
Main related functions
Registration and issuance of securities.
Certification roadmap
No impact
What is the Sinacor version?
No impact
