SIX, a global financial data and market infrastructure provider, has launched SIX Fixed Income Data, a set of offerings that includes pricing, reference data, corporate actions, and underlying source documents intended to help participants in global fixed income markets centralize this key data, officials say. SIX is aiming the solution set at banks, asset managers,… Read More >>
Why Data Provenance Matters to SIX
(In a wide-ranging discussion, Charles Warburton, head of product and commercial strategy — Americas, local country head — U.S., for SIX, explores the major aspects of SIX’s commitment to data provenance encompassing direct connections to data sources, the roles of corporate actions and reference data, the importance of fixed income and securities master data, and… Read More >>
SIX Service Supports Crypto & Traditional Collateral
Officials at SIX have announced that their new Digital Collateral Service (DCS) will help financial institutions “post selected cryptocurrency assets as collateral alongside traditional collateral.” The DCS targets clients that need to “manage traditional securities and cryptocurrency collateral,” according to the SIX announcement. “Firms managing both bonds and bitcoin, for example, can now post both… Read More >>
SIX Supports Six New Currencies for Swaps Clearing
SIX, the financial exchanges, data, services, and systems provider, is expanding its multicurrency swaps offering via BME Clearing, a Spanish central counterparty clearing house (CCP). This is an alternative to the E.U. requirement that firms use a European CCP for the clearing of Euro-denominated interest rate swap (IRS) transactions. SIX owns BME Clearing. The European… Read More >>
SIX to Expand via Aquis Exchange Acquisition
SIX Group is hoping to scale its exchange business beyond its home markets with the acquisition of Aquis Exchange. Both have agreed to a cash offer from SIX to acquire the entire issued and to-be-issued ordinary share capital of Aquis at a price of 727 pence per share or £207 million in total, officials say. A… Read More >>
OMBA Streamlines Ops via Data Management Evolution Project
(OMBA Advisory & Investments recently announced that it can streamline operations after the firm worked with SIX and FINBOURNE to facilitate near real-time API-sourced data and end-of-day pricing via a cloud-based data solution. This project was part of an overall enterprise architecture initiative. With a specialization in exchange-traded funds (ETFs), OMBA offers wealth, asset management,… Read More >>
ESG Data, A.I. & DLT Top IT Agendas
Despite controversy and predictions of its death, principled investments based upon environmental, social, and governance (ESG) concerns are alive and kicking as evidenced by growing demands for ESG data. Also very much alive are artificial intelligence (A.I.) technologies, which could prove to be cost-effective for automated compliance and regulatory reporting, and for middle- and back-office… Read More >>
T+1 & International Corporate Actions Are at a Crossroads
A trio of European industry associations says agreement has yet to be reached in the approach firms might take to navigate the impact of T+1 on corporate actions processing for multi-listed and multi-traded securities. The Association for Financial Markets in Europe (AFME), The Federation of European Securities Exchanges (FESE), and the European Central Securities Depositories Association (ECSDA) recently wrote… Read More >>
SIX Expands Fixed Income Wares via FactEntry Acquisition
SIX, an exchanges and financial data company, reports that it has acquired a majority stake in FactEntry, a fixed income data and solutions vendor, as a way for SIX to strengthen its cross-asset data offerings for the front-, middle-, and back-office. The majority stake acquisition closed on March 27, 2024, and financial terms and deal… Read More >>
SIX Launches Crypto Reference Rates & Indices
Market and reference data provider SIX has launched the SIX Reference Rate Crypto and SIX Real-Time Crypto Indices for financial institutions and digital asset trading venue AsiaNext and its crypto derivatives transaction platform, officials say. “The SIX Reference Rate Crypto Indices are accessible for tracking and analysis through AsiaNext’s institutional crypto derivatives platform, as well… Read More >>
