SIX Financial Information
|Founded||1930 (as Ticker AG)|
|Key people||Marcel Bättig
(CEO ad interim)
(Chairman of the Board of Directors)
|Revenue||CHF 415,836,000 (2009)|
SIX Financial Information is a multinational financial data vendor headquartered in Zurich, Switzerland, and a subsidiary of SIX Group. SIX Financial Information gathers information from all the world’s major trading venues directly and in real-time. The SIX Financial Information database has structured and encoded securities administration data for more than 7.6 million financial instruments. SIX Financial Information has offices in 24 countries.
In 1930, Ticker AG was founded in Zurich, Switzerland by a group of Swiss banks.
In 1961 the first stock market television service in Switzerland was launched by Ticker AG. In the same year, Ticker AG was renamed Telekurs Financial.
In 1975, Telekurs launched Investdata, the first financial information display in Switzerland.
Telekurs began to expand outside of Switzerland in 1990.
In 1996 Telekurs was restructured into a holding company, and launched a major expansion of its product range.
In 2007 Telekurs acquired part of the Fininfo Group.
In 2008 The Telekurs Group merged with SWX and SEGA Intersettle to form SIX Group. Telekurs Financial was renamed to SIX Telekurs and became the Financial Information division of SIX Group.
On April 23, 2012, the "Telekurs" name was discontinued and the company is now known as SIX Financial Information.
The head office of SIX Financial Information is in Zurich, Switzerland.
SIX Financial Information has 31 offices in 24 different countries: Amsterdam, Basel, Boston, Brussels, Casablanca, Copenhagen, Dublin, Edinburgh, Frankfurt, Geneva, Göteborg, Helsinki, Hong Kong, London, Lugano, Luxembourg, Madrid, Milan, Monaco, Nanterre, New York, Oslo, Paris, San Francisco, Singapore, Stamford (USA), Stockholm, Tokyo, Toronto, Vienna, Warsaw.
Products and services
The SIX Financial Information products flow from the same single logical database, and are divided into four categories:
Reference Data and Pricing
SIX Financial Information's main product, the Valordata Feed (VDF), is a source for reference and descriptive data plus corporate actions. Based on a unique data model, VDF holds information on approximately 7.6 million financial instruments, drawing on over 850 trading venues and contributors. For calculated and evaluated prices, SIX Financial Information offers a number of specific products within this category.
SIX Financial Information's market data products are real-time or delayed. The master database allows customers to link nearly 1,500 individual data elements across millions of active financial instruments, for a clear view of investment positions. Services range from valuation pricing and real-time market data feeds to streamlined back-office Products and all are used for improved straight-through processing.
The SIX Financial Information display products provide easy access to the company's full range of data. These products offer access to quotes, lists, charts, news, corporate fundamental data. Each of the SIX Financial Information display services offers the options and features most needed by a given sector. SIX Financial Information also bundles its display products with fee-liable data such as news, company fundamentals and ratings.
SIX Financial Information also provides tailor-made as well as ready-made solutions. The ready-made solutions including a realtime index /indicative NAV calculator, on-line brokerage systems, and even white labeled Websites.
Compliance and standards
SIX Financial Information actively participates with global standards organizations to define and adopt relevant standards that promote straight-through processing. Specifically, SIX Financial Information is the official national numbering agency (NNA) in Switzerland Liechtenstein and Belgium, and in this capacity is responsible for the issuing of Valoren and ISIN identifiers. The company is also a founding member of ANNA, as well as a co-operator of the ANNA Service Bureau. In addition, SIX Financial Information is a member of The International Organization for Standardization (ISO), FISD, and MiFID joint working groups, and is a SWIFT certified distributor of ISO 15022 corporate actions messages.
For regulatory compliance, SIX Financial Information provides a wealth of information that help analyze exposures and aggregate positions for effective reporting. SIX Financial Information has incorporated flags, markers and classifications into VDF that facilitate compliance with taxation regulations such as the EU savings tax, Swiss transaction taxes and US IRS Withholding, plus fee calculation regulations such as the SEC rule 22c-2, and pan-European regulations as MiFID and UCITS III and IV.