Alveo deepens partnership with SIX expanding global data coverage in its Data-as-a-Service solution
28 November 2022 – Alveo, the leader in cloud-based market data integration, analytics and Data-as-a-Service (“DaaS”) solutions for financial services, announced today that it has expanded its global data coverage and feed integrations by adding new content from SIX including Sentiment indicators, Tax, and Regulatory Risk data.
Combining data and data management capabilities in 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 realize the value of SIX data sets, including its global security master and historical pricing data already available via Alveo.
Alveo’s data management solutions provide linking and cross-referencing of SIX content with client data sets or separately sourced third-party content. In addition, 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” said Sam Sundera, Head Future Business Financial Information at SIX. “Extending our partnership with Alveo’s leading edge managed services and data analytics solutions enables those firms to rapidly utilize critical asset-level data directly in investment operations and workflow applications.”
“Alveo’s cross-referencing and integration capabilities in its DaaS solutions can quickly onboard and operationalize any data source. SIX already offers Alveo clients an extraordinary depth of data,” said Mark Hepsworth, Alveo’s CEO. “Further integration with SIX enables additional and flexible access to our customers for their tax, sanctions, pricing, corporate actions and security reference data.”
About SIX
SIX operates and develops infrastructure services for the Swiss and Spanish Stock Exchanges, for Post-Trade Services, Banking Services and Financial Information with the aim of raising efficiency, quality and innovative capacity across the entire value chain of the Swiss and Spanish financial centers. The company is owned by its users (120 banks). With a workforce of 3,685 employees and a presence in 20 countries, it generated operating income of CHF 1.5 billion and Group net profit of CHF 73.5 million in 2021.
About Alveo
Alveo is the leader in market data integration and analytics solutions for financial services. Focused on optimizing data flows for business user self-service, we provide cloud-native data aggregation and data quality management that enables clients to easily access trusted data while maximizing their data ROI.
Through our managed services, we ensure that clients can smoothly onboard, prepare and validate data for use in operations, trading, investment management, pricing, risk, reporting and machine learning.
We service a global client base and our award-winning technology provides easy integration into business user workflows and a proven platform for advanced analytics. Through combining deep domain expertise with the latest open-source technologies, we help financial institutions ensure high-quality data, optimize market data cost and maximize productivity.
For further information, please visit: www.greshamtech.com/products/prime-edm
*Please note: This press release was originally published under Alveo Technologies. As of the publication date, Alveo Technologies is now known as Prime EDM under Gresham. Any prior Alveo content has been updated to reflect Gresham's current branding and offerings.