SIX Financial Information: Difference between revisions

SIX Financial Information
Industry	Financial services
Founded	1930 (as Ticker AG)
Headquarters	Zurich, Switzerland
Key people	Marion Leslie; (Head Financial Information) ; Joe Dijsselhof; (CEO SIX Group); Dr. Thomas Wellauer; (Chairman SIX Group)
Products	Reference data & pricing; Market data & display; Tax & regulatory services; Indices;
Services	Financial data
Revenue	CHF 400 100 000 (2023)
Owner	SIX Group
Number of employees	1,166
Website	www.six-financial-information.com

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SIX Financial Information, a subsidiary of SIX Group, is a multinational financial data vendor headquartered in Zurich, Switzerland.^[3] The company provides market data which it gathers from the world's major trading venues directly and in real-time or which it also sources on its own. Its database has structured and encoded securities administration data for more than 20 million financial instruments.^[4] The firm has offices in 23 countries.

History

In 1930, Ticker AG was founded in Zurich, Switzerland by a group of Swiss banks. In 1961 it launched the first stock market television service in Switzerland, and 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, the firm was restructured into a holding company, and launched an expansion of its product range. In 2007, Telekurs acquired part of the Fininfo Group. In 2008, The Telekurs Group merged with SWX Group, SIS Swiss Financial Services Group and SEGA Intersettle to form SIX Group. Telekurs Financial was renamed to SIX Telekurs and became the Financial Information division of SIX Group.^[5]

On 23 April 2012, the "Telekurs" name was discontinued and the company is now known as SIX Financial Information.^[6]

Products and services

The SIX Financial Information products flow from the same single logical database, and are divided into the following 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 20 million financial instruments, drawing on over 1500 trading venues and contributors. For calculated and evaluated prices, SIX Financial Information offers a number of specific products within this category.

Market data

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.

Regulatory compliance

For regulatory compliance, SIX Financial Information provides information that helps analyze exposures and aggregate positions for 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, IRS Section 871(m) and US IRS Withholding, plus fee calculation regulations such as the SEC rule 22c-2, pan-European rules such as the Markets in Financial Instruments Directive, the Packaged Retail and Insurance-based Investment Products Regulation and UCITS III and IV and global economic sanctions.

Display products

The SIX Financial Information display products provide access to the company's full range of data. These products offer access to quotes, lists, charts, news, corporate fundamental data. SIX Financial Information also bundles its display products with fee-liable data such as news, company fundamentals and ratings.

Indices

Financial Information provides index services by calculating indices and offering licenses for SIX indices. The business generates service revenues. Subscription fees for the index services are generally invoiced quarterly for variable fees and annually for fixed fees.^[7]

Company 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.^[8]

SIX Financial Information is a member of the International Organization for Standardization (ISO), FISD, and Markets in Financial Instruments Directive joint working groups, and is a SWIFT certified distributor of ISO 15022 corporate actions messages.

References

^ "Romeo Lacher appointed new Chairman of the Board of Directors of SIX" (PDF). Archived from the original (PDF) on 2017-09-11. Retrieved 2017-09-11.
^ "Six Group, Financial Statements" (PDF). 2023.
^ "Canton of Zurich Business Register".
^ "SIX Telekurs Data Coverage".
^ "Unanimous approval of merger of SWX Group, SIS Group and Telekurs Group" (PDF). Joint press release. September 12, 2007. Archived from the original (PDF) on 2015-09-24.
^ "SIX Telekurs becomes SIX Financial Information" (PDF). six-financial-information.com. April 23, 2012. Archived from the original (PDF) on 2014-07-15.
^ "SIX Annual Report 2023" (PDF). SIX Annual report. Retrieved 30 July 2024.
^ "ANNA Service Bureau".

[1] "Romeo Lacher appointed new Chairman of the Board of Directors of SIX" (PDF). Archived from the original (PDF) on 2017-09-11. Retrieved 2017-09-11.

[2] "Six Group, Financial Statements" (PDF). 2023.

[3] "Canton of Zurich Business Register".

[4] "SIX Telekurs Data Coverage".

[5] "Unanimous approval of merger of SWX Group, SIS Group and Telekurs Group" (PDF). Joint press release. September 12, 2007. Archived from the original (PDF) on 2015-09-24.

[6] "SIX Telekurs becomes SIX Financial Information" (PDF). six-financial-information.com. April 23, 2012. Archived from the original (PDF) on 2014-07-15.

[7] "SIX Annual Report 2023" (PDF). SIX Annual report. Retrieved 30 July 2024.

[8] "ANNA Service Bureau".

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@@ Line 1: / Line 1: @@
 {{Infobox company
 | name =
-| logo = [[File:SIX Financial Information logo.jpg|260px]]
+| logo = SIX Group logo.svg
 | type =
 | foundation = {{start date|1930}} (as Ticker AG)
 | location = [[Zurich]], [[Switzerland]]
+| key_people = Marion Leslie<br />(Head Financial Information)
-| key_people = Robert Jeanbart  <br />([[Chief Executive Officer|CEO]])<br />Romeo Lacher a.i.<br />([[Chairman of the board|Chairman of the Board of Directors]])
+<br />Joe Dijsselhof<br />([[Chief Executive Officer|CEO]] SIX Group)<br />Dr. Thomas Wellauer<br />([[Chairman of the board|Chairman]] SIX Group)<ref>{{Cite web |url=https://www.six-group.com/dam/about/downloads/media/media-releases/2017/0110-e-VRPSIX-RL.pdf |title=Romeo Lacher appointed new Chairman of the Board of Directors of SIX |access-date=2017-09-11 |archive-date=2017-09-11 |archive-url=https://web.archive.org/web/20170911204626/https://www.six-group.com/dam/about/downloads/media/media-releases/2017/0110-e-VRPSIX-RL.pdf |url-status=dead }}</ref>
 | industry = [[Financial services]]
-| revenue = CHF 415,836,000 (2009)<ref>{{cite web |url=http://www.six-group.com/download/publications/annual_reports/2009/six_group_financial_information_business_field_en.pdf | title=Six Group, Financial Information business |date=2009}}</ref>
+| revenue = CHF 400 100 000 (2023)<ref>{{cite web |url=https://www.six-group.com/dam/download/company/report/annual/2023/six-annual-report-2023-en.pdf | title=Six Group, Financial Statements |date=2023}}</ref>
 | operating_income =
 | net_income =
+| products = {{Unbulleted list|[[Reference data & pricing]]|[[Market data & display]]|[[Tax & regulatory services]]|[[Stock market index|Indices]]}}
-| products =
-| services = Financial data
+| services = [[Market data|Financial data]]
 | num_employees = 1,166
 | owner = [[SIX Group]]
+| homepage = {{URL | http://www.six-financial-information.com }}
-| subsid =
-| homepage = [http://www.six-financial-information.com www.six-financial-information.com]
-| footnotes =
 }}
-'''SIX Financial Information''', a subsidiary of [[SIX Group]], is a [[Multinational corporation|multinational]] [[financial data vendor]] headquartered in [[Zurich, Switzerland]].  SIX Financial Information gathers information from all the world's major trading venues directly and in real-time. Its database has structured and encoded securities administration data for more than 20 million financial instruments.<ref>{{cite web |url=http://www.six-telekurs.com/tkfich_index/tkfich_home/tkfich_data.htm |title=SIX Telekurs Data Coverage}}</ref> The firm has offices in 23 countries.
+'''SIX Financial Information''', a subsidiary of [[SIX Group]], is a [[Multinational corporation|multinational]] [[financial data vendor]] headquartered in [[Zurich, Switzerland]].<ref>{{cite web |url=http://zh.powernet.ch/webservices/net/HRG/HRG.asmx/getHRGHTML?chnr=CH-020.3.925.846-1&amt=020&toBeModified=0&validOnly=0&lang=1&sort= |title=Canton of Zurich Business Register}}</ref>  The company provides [[market data]] which it gathers from the world's major trading venues directly and in real-time or which it also sources on its own. Its database has structured and encoded securities administration data for more than 20 million financial instruments.<ref>{{cite web |url=http://www.six-telekurs.com/tkfich_index/tkfich_home/tkfich_data.htm |title=SIX Telekurs Data Coverage}}</ref> The firm has offices in 23 countries.
 == History ==
-In 1930, Ticker AG was founded in Zurich, Switzerland by a group of Swiss banks.  In 1961 it launched the first stock market television service in Switzerland, and  was renamed Telekurs Financial.  In 1975, Telekurs launched Investdata, the first financial information display in Switzerland.
+In 1930, Ticker AG was founded in Zurich, Switzerland by a group of Swiss banks.  In 1961 it launched the first stock market television service in Switzerland, and 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, the firm was restructured into a holding company, and launched an expansion of its product range. In 2007, Telekurs acquired part of the Fininfo Group. In 2008, The Telekurs Group merged with SWX Group, SIS Swiss Financial Services Group and SEGA Intersettle to form SIX Group. Telekurs Financial was renamed to SIX Telekurs and became the Financial Information division of SIX Group.<ref>{{cite web |date=September 12, 2007 |title=Unanimous approval of merger of SWX Group, SIS Group and Telekurs Group |url=http://www.six-swiss-exchange.com/media_releases/online/media20070912_en.pdf |archive-url=https://web.archive.org/web/20150924102252/http://www.six-swiss-exchange.com/media_releases/online/media20070912_en.pdf |archive-date=2015-09-24 |publisher=Joint press release}}</ref>
-Telekurs began to expand outside of Switzerland in 1990. In 1996 the firm was restructured into a holding company, and launched a major expansion of its product range.
+On 23 April 2012, the "Telekurs" name was discontinued and the company is now known as SIX Financial Information.<ref>{{cite web |date=April 23, 2012 |title=SIX Telekurs becomes SIX Financial Information |url=http://www.six-financial-information.com/dam/downloads/business_updates/2012/04-23_rebranding_six_telekurs/stk_becomes_six_financial_information_en.pdf |archive-url=https://web.archive.org/web/20140715075324/http://www.six-financial-information.com/dam/downloads/business_updates/2012/04-23_rebranding_six_telekurs/stk_becomes_six_financial_information_en.pdf |archive-date=2014-07-15 |website=six-financial-information.com}}</ref>
-In 2007 Telekurs acquired part of the Fininfo Group.
-In 2008 The Telekurs Group merged with SWX Group, SIS Swiss Financial Services Group and SEGA Intersettle to form SIX Group. Telekurs Financial was renamed to SIX Telekurs and became the Financial Information division of SIX Group.<ref>{{cite web |url=http://www.six-swiss-exchange.com/media_releases/online/media20070912_en.pdf |title=Unanimous approval of merger of SWX Group, SIS Group and Telekurs Group |date=September 12, 2007 |publisher=Joint press release}}</ref>
-On April 23, 2012, the "Telekurs" name was discontinued and the company is now known as SIX Financial Information.<ref>{{cite web |url=http://www.six-financial-information.com/dam/downloads/business_updates/2012/04-23_rebranding_six_telekurs/stk_becomes_six_financial_information_en.pdf |title=SIX Telekurs becomes SIX FinanciaI Information |date=April 23, 2012}}</ref>
-==Locations==
-The head office of SIX Financial Information is in Zurich, Switzerland.<ref>{{cite web |url=http://zh.powernet.ch/webservices/net/HRG/HRG.asmx/getHRGHTML?chnr=CH-020.3.925.846-1&amt=020&toBeModified=0&validOnly=0&lang=1&sort= |title=Canton of Zurich Business Register}}</ref>
-SIX Financial Information  has 32 offices in 23 different countries: Amsterdam, Basel, Bienne, 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==
@@ Line 42: / Line 31: @@
 ===Reference data and pricing===
-SIX Financial Information's main product, the Valordata Feed (VDF), is a source for reference and descriptive data plus [[corporate action]]s. Based on a unique data model, VDF holds information on approximately 15.6 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 main product, the Valordata Feed (VDF), is a source for reference and descriptive data plus [[corporate action]]s. Based on a unique data model, VDF holds information on approximately 20 million financial instruments, drawing on over 1500 trading venues and contributors. For calculated and evaluated prices, SIX Financial Information  offers a number of specific products within this category.
 ===Market data===
@@ Line 48: / Line 37: @@
 ===Regulatory compliance===
-For regulatory compliance, SIX Financial Information provides information that helps analyze exposures and aggregate positions for reporting. SIX Financial Information has incorporated flags, markers and classifications into VDF that facilitate compliance with taxation regulations such as the [[EUSD|EU savings tax]], [[Financial_transaction_tax#Switzerland|Swiss transaction taxes]], and [[International taxation#Withholding|US IRS Withholding]], plus fee calculation regulations such as the SEC rule 22c-2, and pan-European rules such as the [[Markets in Financial Instruments Directive]] and [[UCITS|UCITS III and IV]].
+For regulatory compliance, SIX Financial Information provides information that helps analyze exposures and aggregate positions for reporting. SIX Financial Information has incorporated flags, markers and classifications into VDF that facilitate compliance with taxation regulations such as the [[EUSD|EU savings tax]], [[Financial transaction tax#Switzerland|Swiss transaction taxes]], [[IRS Section 871(m)]] and [[International taxation#Withholding|US IRS Withholding]], plus fee calculation regulations such as the SEC rule 22c-2, pan-European rules such as the [[Markets in Financial Instruments Directive]], the [[Packaged Retail and Insurance-based Investment Products]] Regulation and [[UCITS|UCITS III and IV]] and global [[economic sanctions]].
 ===Display products===
 The SIX Financial Information display products provide access to the company's full range of data. These products offer access to quotes, lists, charts, news, corporate fundamental data. SIX Financial Information also bundles its display products with fee-liable data such as news, company fundamentals and ratings.
+===Indices===
-In September 2015, the company discontinued its use of the name "Telekurs iD"  for one of its Display products. This is significant, because it represented the end of the Telekurs name in its entirety. <ref>{{Cite web|url = http://www.six-financial-information.com/en/site/six-id.html|title = Evolution of Telekurs iD|date = |accessdate = |website = |publisher = |last = |first = }}</ref>
+Financial Information provides index services by calculating indices and offering licenses for SIX indices. The business generates service revenues. Subscription fees for the index services are generally invoiced quarterly for variable fees and annually for fixed fees.<ref>{{Cite web |title=SIX Annual Report 2023 |url=https://www.six-group.com/dam/download/company/report/annual/2023/six-annual-report-2023-en.pdf |access-date=30 July 2024 |website=SIX Annual report}}</ref>
-===Solutions===
-SIX Financial Information provides tailor-made and ready-made solutions. The ready-made solutions including a realtime index /indicative NAV calculator, on-line brokerage systems, and even white labeled Websites.
 == Company 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,.<ref>{{Cite web|url = http://www.annaservice.com/anna/index.jsp|title = ANNA Service Bureau|date = |accessdate = |website = |publisher = |last = |first = }}</ref> In addition, SIX Financial Information  is a member of The International Organization for Standardization (ISO), [[SIIA#Financial Information Services Division|FISD]], and [[Markets in Financial Instruments Directive]] joint working groups, and is a [[SWIFT]] certified distributor of ISO 15022 corporate actions messages.
+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.<ref>{{Cite web|url = http://www.annaservice.com/anna/index.jsp|title = ANNA Service Bureau|date = |accessdate = |website = |publisher = |last = |first = }}</ref>
+SIX Financial Information is a member of the [[International Organization for Standardization]] (ISO), [[SIIA#Financial Information Services Division|FISD]], and [[Markets in Financial Instruments Directive]] joint working groups, and is a [[SWIFT]] certified distributor of [[ISO 15022]] corporate actions messages.
-*[[International Securities Identification Number]]
 ==References==
@@ Line 69: / Line 58: @@
 [[Category:Financial services companies of Switzerland]]
 [[Category:Financial data vendors]]
-[[Category:Companies based in Zürich]]
+[[Category:Companies based in Zurich]]