Avox validates, corrects, enriches and maintains business entity reference data. This includes data such as corporate hierarchies, registered address information, industry sector codes and company identifiers.
The company was founded in 2003 in cooperation with several financial institutions that required a more efficient mechanism for improving data quality and timeliness. The Avox operational model is unique in the industry. Its success stems from the continuous sharing of business intelligence with its clients and partners, which Avox centralizes, anonymizes, verifies and publishes out to each participant.
Financial institutions participating in Avox form a community that collectively addresses client, issuer and counterparty data quality.
The community participants, which include some of the largest banks and asset managers in the world, both contribute and subscribe to a shared pool of data, processes and resources.
Avox was voted Best Counter-party Data Provider of the Year for both 2009 and 2010 by the Inside Reference Data awards. For more information, visit www.avox.info. @