CGS License Fees

License fees for CGS’s commercial database products apply to both direct customers (those who subscribe to an appropriate licensed product directly from CGS) and indirect customers (those who obtain CGS data from authorized data vendors or information providers).

Fees described below do not apply to authorized data vendors or information providers, whose fees for their own usage and redistribution of CGS data are calculated using a different pricing model.

CGS Licensing Policies FAQs

CUSIP Use of Service Statement

The first step in the CGS licensing process is to complete and return a CUSIP Use of Service Statement (CUSIP UOSS). This allows CGS to understand how a potential customer plans on using the data contained within CGS’s commercial databases.

Fee Calculator

CGS identifiers databased (includes CUSIP, CGS CINS and CGS ISINs)

The count should include all CGS Identifiers (except defunct and matured) regardless of where they are situated, to which a subscriber needs access in order to operate any part of their business. This definition applies whether the database is maintained directly by the subscriber or is maintained by a third party on behalf of, or for the benefit of, a subscriber.

Business Lines where CGS data is used

Includes, but is not limited to: Accounting Firm, Asset Management, Audit/Consulting Firm, Bank – Trust Services, Bank – Other Services, Broker-Dealer, Insurance Company, Investment Banking, Open & Closed End Funds, Regulator/Government, and Treasury/Pension.

Regions in which a subscriber has access to or usage of a CGS database

Geographic groupings that include, but are not limited to: North America, South America, Europe, Asia-Pacific, Africa and the Middle East.

1. Number of CGS Identifiers 2. Number of Lines of Business 3. Number of Regions
Total $U.S.

Fee Model Tables

Under 500 Securities
Fee Waived
Up to 2,500 Securities Business Line 1 Business Line 2 Business Line 3 Business Line 4
Region 1 $10,000 $5,000 $2,500 $2,500
Region 2 $5,000 $2,500 $1,250 $1,250
Region 3 $2,500 $1,250 $625 $625
Up to 5,000 Securities Business Line 1 Business Line 2 Business Line 3 Business Line 4
Region 1 $20,000 $10,000 $5,000 $5,000
Region 2 $10,000 $5,000 $2,500 $2,500
Region 3 $5,000 $2,500 $1,250 $1,250
Up to 10,000 Securities Business Line 1 Business Line 2 Business Line 3 Business Line 4
Region 1 $40,000 $20,000 $10,000 $10,000
Region 2 $20,000 $10,000 $5,000 $5,000
Region 3 $10,000 $5,000 $2,500 $2,500
Up to 20,000 Securities Business Line 1 Business Line 2 Business Line 3 Business Line 4
Region 1 $60,000 $30,000 $15,000 $15,000
Region 2 $30,000 $15,000 $7,500 $7,500
Region 3 $15,000 $7,500 $3,750 $3,750
Up to 30,000 Securities Business Line 1 Business Line 2 Business Line 3 Business Line 4
Region 1 $90,000 $45,000 $22,500 $22,500
Region 2 $45,000 $22,500 $11,250 $11,250
Region 3 $22,500 $11,250 $5,625 $5,625
Up to 40,000 Securities Business Line 1 Business Line 2 Business Line 3 Business Line 4
Region 1 $120,000 $60,000 $30,000 $30,000
Region 2 $60,000 $30,000 $15,000 $15,000
Region 3 $30,000 $15,000 $7,500 $7,500
Greater than 40,000 Securities Business Line 1 Business Line 2 Business Line 3 Business Line 4
Region 1 $130,000 $65,000 $32,500 $32,500
Region 2 $65,000 $32,500 $16,250 $16,250
Region 3 $32,500 $16,250 $8,125 $8,125
The first Business Line and first Region/Country represent the base fee component of the overall annual License Fee in U.S. dollars. If you operate more than 1 Business Line and/or in more than 1 Region/Country, the total annual License Fee is calculated by adding the applicable fees for additional Business Lines and Regions/Countries to the base fee. See fee model examples.
  1. Fee Model Example 1

    A client databases 4,500 securities, has one Business Line (asset management) and operates in one Region (U.S.): annual fee = $20,000.

    Business Line 1 Total $U.S.
    Region 1 $20,000 $20,000
  2. Fee Model Example 2

    A client databases 9,500 securities, has two Business Lines (asset management and custody) and operates in two Regions (U.S. and U.K.): annual fee = $90,000.

    Business Line 1 Business Line 2 Total $U.S.
    Region 1 $40,000 $20,000 $60,000
    Region 2 $20,000 $10,000 $30,000
    $90,000
  3. Fee Model Example 3

    A client databases over 40,000 securities and has three Business Lines (asset management, clearing and custody) and operates in three Regions (U.S., U.K. and Asia Pacific): annual fee = $398,125

    Business Line 1 Business Line 2 Business Line 3 Total $U.S.
    Region 1 $130,000 $65,000 $32,500 $227,500
    Region 2 $65,000 $32,500 $16,250 $113,750
    Region 3 $32,500 $16,250 $8,125 $56,875
    $398,125

Fee Structure

The fees applicable to direct and indirect customers are the same and are based on the number of:

Additionally, the single fee covers the use of CUSIP, CGS CINS and CGS ISINs.

Establishing the Base Fee

To establish the base fee, CGS looks at the largest operating unit of the customer, i.e. the first Business Line and Region.

See the Fee Model Tables for more information.

Additional Notes

CGS Licensing Policies FAQs