Here’s the translation into American English:
SIX has announced the launch of an innovative solution designed to provide reliable Fixed Income data for banks, asset managers, wealth managers, and hedge funds worldwide. This new offering stands out for its comprehensive coverage and rigorous validation processes, enabling market participants to quickly adapt to their changing needs. The solution aims to minimize reliance on inconsistent data sources and reduce the risk of errors, which is a crucial aspect in this sector.
The SIX platform provides access to a wide range of information from global markets, with a special focus on the U.S. market, which is the largest in the Fixed Income space. Clients can access data on 3.6 million U.S. instruments, including municipal, corporate, government debt, and structured finance.
A key differentiator of this offering is the original issuance documents and the lifecycle documentation of the instruments, which are the exclusive property of SIX and available on a centralized platform. This system is complemented by a robust validation process that includes cross-referencing, cleansing, and enrichment, essential for ensuring accuracy and verifiability in such an opaque market as Fixed Income.
Additionally, the API-based infrastructure facilitates the integration of data into clients’ workflows, significantly reducing implementation times and minimizing disruptions that other solutions may cause. This combination is accompanied by a clear pricing structure and scalable licensing, providing users with the flexibility needed to adjust data consumption to their business dynamics, thus avoiding unforeseen costs.
Swati Bhatia, Head of Fixed Income at SIX Financial Information, emphasized the importance of this launch by noting that financial institutions heavily rely on Fixed Income data to price securities, manage risks, and comply with regulations. She pointed out that until now, many have been constrained by inflexible commercial options or forced to piece together disparate data sources that lacked integrity. With SIX’s new Fixed Income data system, users gain the coverage, reliability, and flexibility needed in one of the largest segments of the global capital markets.
Source: MiMub in Spanish
