Asset Classification

One of the key issues in maintaining a Security Master is classifying a security. SHG Services' Security Master Service provides:

• Full support for any number of "standard" classification schemes
• Full support for your own custom scheme.
• Full support for uniform Accounting, Industry, and Regulatory Classification and Disclosure Standards
• Support for multiple classifications schemes within an application.

For example, one fairly basic classification scheme is as follows:

However, while such a classification scheme may be useful for some of your applications, it may not be sufficient for all, perhaps you need more granularity or a completely different structure for some other application. That's fine with us, we can provide you with asset classification for multiple schemes.

Custom Security Classification Codes [CSCC]
SHG has the ability to develop and provide custom security classification codes for anyone running an investment reporting system. Every user of a portfolio accounting or investment reporting system has unique analysis and/or reporting needs which require investment securities to be classified in specific ways. Many of these classifications are not available through the major data providers and must be assigned manually on an item by item basis. SHG can automate this process and simply provide the usable results to those who need need. Typically, SHG will receive daily/weekly/monthly/etc. lists of investment holdings and create and return the required data according to your custom needs, in your time frame.

Learn about the features of our Security Master Service's

• Asset Classification
• Identifiers and Codes
• Asset Types Handled

Frequently Asked Questions about the SMS