AssetClassEntitlement
RIXML 2.5 Element
Entitlement restriction based on asset class categories of research content, enabling access control by broad investment categories such as equity, fixed income, commodities, or currencies.
Usage
Used within Entitlement elements to control access by asset class. Requires one or more AssetClass child elements to specify which asset classes are covered by the entitlement rule.
Business Context
Supports specialized research services and regulatory requirements that limit distribution to specific asset class expertise. Enables publishers to offer focused research services aligned with client investment mandates and regulatory permissions.
Specification Guide
Overview
AssetClassEntitlement is an optional sub-element of Entitlement (introduced in RIXML v2.5) that restricts access to research content based on the asset class focus of that content. It enables publishers to express access-control rules in terms of broad investment categories such as equity, fixed income, currency, commodity, and real estate, by enumerating one or more AssetClass children whose values are drawn from AssetClassEnum. The element sits alongside other v2.5 entitlement sub-elements — ProductCategoryEntitlement, OrganizationTypeEntitlement, and ActionEntitlement — extending the entitlement framework with additional dimensions of granularity, motivated in part by MiFID II distribution-control requirements [RIXML Quarterly Update 2017 Q2 p.8]↗.
Usage
Include AssetClassEntitlement as an optional child of Entitlement (typically grouped under EntitlementGroup) when access should be limited by the asset-class focus of the research. It contains one or more AssetClass children, each carrying an asset-class value such as Equity, FixedIncome, Currency, Commodity, or RealEstate (sources: release-notes-2.5 p.8, data-dictionary-2.5.1 p.58). When combined with other entitlement sub-elements in the same EntitlementGroup, the rules apply conjunctively — a recipient must satisfy all specified entitlement dimensions to access the content [RIXML Release Notes v2.5 p.8]. Typical use cases include aligning distribution with desk-level specialisations (e.g. fixed-income vs. equity teams), with client subscription mandates, and with regulatory permissions that vary by asset class.
Rules
- INFORMATIVEAssetClassEntitlement is defined as an optional sub-element beneath Entitlement in the RIXML v2.5 schema, alongside ProductCategoryEntitlement, OrganizationTypeEntitlement, and ActionEntitlement.[RIXML Quarterly Update 2017 Q2 p.8]↗ [RIXML Release Notes v2.5 p.8]
- MUSTWhen present, AssetClassEntitlement must contain one or more AssetClass child elements identifying the permitted asset classes.[RIXML Research Data Dictionary v2.5.1 p.58] [RIXML Release Notes v2.5 p.8]
- INFORMATIVEWithin a single EntitlementGroup, AssetClassEntitlement is evaluated conjunctively with other entitlement sub-elements to form a composite access rule.[RIXML Release Notes v2.5 p.8] [RIXML Release Notes v2.5 p.10]
Relationships
- child-ofEntitlement — AssetClassEntitlement is an optional sub-element of Entitlement, narrowing the entitlement to one or more specified asset classes.
- containsAssetClass — AssetClassEntitlement contains one or more AssetClass children that enumerate the asset classes (e.g. Equity, FixedIncome, Currency, Commodity, RealEstate) covered by the entitlement.
- composed-withEntitlementGroup — Within an EntitlementGroup, AssetClassEntitlement combines conjunctively with sibling entitlement sub-elements such as ProductCategoryEntitlement, OrganizationTypeEntitlement, and ActionEntitlement to express composite access rules.
- uses-values-fromAssetClassEnum — The asset classes enumerated via child AssetClass elements draw their values from AssetClassEnum.
Where It Fits
Canonical Path
Children
Definition
| Type | |
| Namespace | http://www.rixml.org/2017/9/RIXML |
| Min Occurs | 1 |
| Max Occurs | 1 |
Attributes
No attributes defined for this element
Children
AssetClass(complex)1..unbounded |
requiredSince 2.5 |
Example
<AssetClassEntitlement>
<AssetClass> ... </AssetClass>
</AssetClassEntitlement>Version History
Unchanged since introduction in RIXML 2.5
v2.5 (2017) — AssetClassEntitlement was introduced as a new optional sub-element of Entitlement, in response to change requests received from members and non-members following the v2.4 release [RIXML Quarterly Update 2017 Q2 p.8]↗. It was added together with ProductCategoryEntitlement, OrganizationTypeEntitlement, and ActionEntitlement as part of a broader effort to extend entitlement granularity, in part to support MiFID II distribution-control requirements (sources: quarterly-2017-q2 p.8, release-notes-2.5 p.8). No changes have been documented for this element in subsequent maintenance releases.
Design Decisions
Added AssetClassEntitlement element to broaden entitlement support for limiting content by asset class
Expands entitlement capabilities to restrict content access based on asset classes like Equity, FixedIncome, Currency, Commodity, and RealEstate
RIXML Release Notes v2.5, p.8
Semantic Relationships
Constrains1 relationship
Asset class entitlement limits content access to specific asset classes like Equity, FixedIncome, Currency
RIXML Release Notes v2.5, p.8— Broadening support for different types of entitlements