DIH’s Economic Sanctions Data.

Overview: DIH provides economic sanctions data to help firms stay compliant by identifying global entities that are explicitly- and implicitly-sanctioned and their linked instruments.

Coverage: We currently offer data for 500 million global entities and 95 million tradeable instruments and track sanction authorities in the USA (OFAC), Canada (SEMA), European Union, United Kingdom (OFSI), Switzerland (SECO), Singapore (MAS), Japan (MOF), Australia (DFAT), Hong Kong (HKMA), and the United Nations (UNSC).

History: Our data includes historical economic sanctions details.

Updates: We update our data at the end of the day.

Delivery: You can receive our data in bulk files via download or on-demand via API.

Pricing: Several inputs go into the pricing for our data. For example, do want data for all available instruments, or a subset? How much history do you want? Do you want updates going forward? Contact us to learn more.

Why Firms Choose DIH’s Data.

There are several reasons market participants rely upon our economic sanctions data:

  1. Efficiency: Sanctions matching involves searching for matches between a large number of securities and a database of sanctioned individuals or entities. We ensure that the matching process is quick and efficient, reducing the time needed to complete the required analysis.
  2. Accuracy: The accuracy of sanctions matching is critical because the results of the match determine whether or not a financial instrument is in the scope of sanctions regulations. We apply machine and human checks to confirm that matches are accurate, reducing the risk of false positives or false negatives.
  3. Speed: Sanction regulations are complex and subject to change quickly. Firms must be able to quickly and accurately match records against the latest sanctions lists in order to remain compliant. We help firms stay ahead of these changes to continually maintain compliance.

Economic sanctions data helps you with pre- and post-trade sanctions compliance – DIH

An Overview of Economic Sanctions Data.

Before we get into the details of how our data is created, a quick review of economic sanctions may be helpful.

Economic sanctions are commercial and financial penalties applied by states or institutions against states, groups, or individuals. The purpose of economic sanctions is to get an actor to change its behavior through disruption in economic exchange.

Typical forms of economic sanctions include trade barriers, asset freezes, travel bans, arms embargoes, and restrictions on financial transactions.

Compliance with economic sanctions is a complex subject area for financial institutions. They must identify sanctioned entities and their linked financial instruments, as well as determine ownership-controlled subsidiaries. The restrictions on financial institutions under economic sanctions regulations prohibit transacting in, providing financing for, or otherwise dealing in any new debt or equity issues by a sanctioned entity or any of its subsidiaries.

Reputational damage and heavy financial penalties can result from failure to identify sanctioned financial instruments. The process of identifying these instruments is complex, costly, and time-intensive..

Who Can Benefit from DIH’s Economic Sanctions Data?

Our data is invaluable to all market participants. We see a wide range of firms using our data, including:

  • Brokerage Firms
  • Asset Managers
  • Fund Managers
  • High Net Worth Individuals
  • FinTech Companies (e.g. trading platforms, research companies, etc.)

How Firms Use Our Data.

Our clients utilize our economic sanctions data in various ways:

  • Counterparty Risk Verification
  • ETF Basket Monitoring
  • Index Eligibility Screening
  • Pre-Trade Compliance
  • Portfolio Monitoring
  • Post-Trade Audit
  • Sanctioned Securities Screening
  • Trade Restriction Lists
  • Trade Universe Monitoring

 

Economic sanctions data to screen tradable instruments against multiple regulatory lists – DIHFlexible Updates & Data Delivery Methods.

Our data is updated on a daily basis.

We offer several ways to access our data:

Bulk File Download – For most of our clients, downloading our data in bulk files is most convenient. We deliver files in .CSV format via download.

API – Some use cases are better suited for on-demand delivery of data via an API.