SIX and Crux Informatics Partner to Offer Managed Market Data Solution

SIX, a Swiss financial data company, has partnered with Crux Informatics to provide a new managed market data solution for buy-side firms. The partnership integrates SIX‘s flagship product, Valordata Feed (VDF), which covers 29.7 million instruments for pricing, corporate actions reference data, compliance, and regulatory data, with Crux’s cloud-based platform. This will allow buy-side firms to focus on interpreting and analyzing data without worrying about implementation and management tasks.

In today’s market, firms often struggle with data availability and find it challenging to extract meaningful data for investment decisions. This partnership aims to remove the complications of technical integration and enable buy-side firms to focus on raising alpha. The customers will benefit from a more streamlined data delivery service, combining Crux’s innovative platform with existing platforms from SIX and providing cleaner, manageable data integrations.

John McManus, Head Sales US, Financial Information, SIX, said the partnership would enable the company to access wider markets, remove the complicated extraction, transformation, and load process details and provide buy-side firms access to high-quality data without integration and management headaches. Philip Brittan, CEO of Crux Informatics, added that buy-side professionals were hungry for historical, well-built datasets they could use to gain a competitive edge. He said that the partnership was a natural next step to provide SIX with access to a well-known vendor name in the buy-side, facilitating a seamless link for their clients to security masters and corporate actions data.

The partnership is expected to bring several benefits to buy-side firms, including:

1. Access to High-Quality Data: The partnership will provide buy-side firms access to high-quality data, including pricing, corporate actions reference data, compliance, and regulatory data. This will enable them to make better-informed investment decisions and generate higher returns.
2. Removal of Technical Integration and Management Headaches: Buy-side firms will no longer have to worry about technical integration and management tasks. The partnership will provide a more streamlined data delivery service, allowing buy-side firms to focus on higher value tasks such as interpreting and analyzing data.
3. Competitive Edge: Buy-side professionals are hungry for historical, well-built datasets they can use to gain a competitive edge. The partnership will provide SIX with access to a well-known vendor name in the buy-side, facilitating a seamless link for their clients to security masters and corporate actions data.
4. Streamlined Data Delivery Service: Customers will benefit from a streamlined data delivery service combining Crux’s innovative cloud-based platform with existing platforms from SIX and delivering cleaner, manageable data integrations.

In conclusion, the partnership between SIX and Crux Informatics is a significant development for buy-side firms. It will enable them to access high-quality data without worrying about technical integration and management tasks. This partnership will bring several benefits to buy-side firms, including a competitive edge and a more streamlined data delivery service.