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Ultimate Parent Company

From the Collaborative Bond and Money Market Data Portal

Definition: The Ultimate Parent Company is an entity that is directly or indirectly in control of the operations of another entity.

In the Collaborative Market Data Model Ultimate Parent Company expresses, based on the relationships between entities, which entity controls either directly or indirectly all entities with in a group. Within the field “Relationship”, the Ultimate Parent Company typically carries the attribute “Parent”.

Related Terms

Relationship, Legal Entity Identifier, Branch,