SIX Exfeed and Derivative Partners intensify cooperation on structured products data
The purpose of the cooperation agreement is to combine the strengths of the two companies and to complete the SIX Exfeed service offering in the area of core data from CONNEXOR® Terms, the standard reference data interface for structured products traded on the Scoach Switzerland marketplace. Derivative Partners Research AG specializes in preparing and calculating key figures, providing independent valuations and developing tools in the field of securitized derivatives.
At the heart of the web-based CONNEXOR® infrastructure is the standardized and digitized capture and maintenance of all data relating to the life cycle of a financial instrument. After intensive quality testing, the reference data is made available and disseminated to all stakeholders along the value chain of a financial instrument. Seamless, straight through processing from the issuer to the end user ensures genuine efficiency gains as well as cost savings.
Werner Bürki, CEO SIX Exfeed, comments: "Our commitment to the market is to provide reliable services in order to efficiently facilitate trading on SIX Swiss Exchange and Scoach Switzerland. The cooperation with Derivative Partners Research AG will help us to reach this goal and to meet the demanding requirements of the derivatives market."
SIX Group AG
SIX Exfeed is the unique source provider of real-time Swiss raw financial market data. Through its market feeds, SIX Exfeed delivers high-quality market data, including data on the blue chips traded on SIX Swiss Exchange and structured products traded on Scoach - fast, conveniently and efficiently from a single source.