Data solutions company Alveo has expanded its partnership with SIX to enhance its global data coverage.
As part of the renewed mandate, Alveo will add new content from SIX including sentiment indicators, tax, and regulatory risk data.
Combining data and data management capabilities in data-as-a-service solutions (DaaS) offerings provides financial services firms with integrated solutions that directly put content from SIX into critical customer workflows and databases.
This helps customers self-serve and quickly realise the value of SIX data sets, including its global security master and historical pricing data already available via Alveo.
Alveo offers cloud-based market data integration, analytics and DaaS for financial services.
Alveo said its data management solutions provide linking and cross-referencing of SIX content with client data sets or separately sourced third-party content.
It added, data lineage, data governance, cleansing and last-mile integration capabilities enable rapid embedding of content into customer workflows and cloud data warehouses.
“Market participants increasingly need on-demand access to our vast catalogue of global financial and investor protection related data,” says Sam Sundera, head of future business, financial information at SIX.
He adds, “Extending our partnership with Alveo’s leading-edge managed services and data analytics solutions enables those firms to rapidly utilise critical asset-level data directly in investment operations and workflow applications.”
Mark Hepsworth, CEO of Alveo, adds: “Alveo’s cross-referencing and integration capabilities in its DaaS solutions can quickly onboard and operationalise any data source. SIX already offers Alveo clients an extraordinary depth of data.
Further integration with SIX enables additional and flexible access to our customers for their tax, sanctions, pricing, corporate actions and security reference data.”
