SIX Telekurs

Industry Financial Data Vendor
Founded 1930 as Ticker AG
Headquarters Zurich, Switzerland with offices in all the world's major financial centres
Key people Thomas Gross
(CEO)
Andreas Plüss
(Chairman of the Board of Directors)
Revenue CHF 415,836,000 (2009)[1]
Owner(s) SIX Group
Employees 1300
Website www.six-telekurs.com

SIX Telekurs is a Financial Data Vendor and specializes in procuring, processing and distributing international financial information. Financial market specialists at SIX Telekurs gather information from all the world’s major trading venues – directly and in real-time. The SIX Telekurs database with its structured and encoded securities administration data for more than 7.6 million financial instruments[2] is unique in terms of its depth of information and data coverage. SIX Telekurs has offices in 23 countries.

Contents

History


In 1930, SIX Telekurs was founded in Zurich, Switzerland, as Ticker AG.

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.

The company is now a global financial infrastructure company which provides services from stock exchanges, through clearing and settlement to credit card issuance, merchant services and financial information.








Locations

The head office of SIX Telekurs is in Zurich, Switzerland.

SIX Telekurs has 30 offices in 23 different countries: Amsterdam, Basel, Boston, Brussels, Casablanca, Copenhagen, Dublin, Edinburgh, Frankfurt, Geneva, Goteborg, Helsinki, Hong Kong, London, Lugano, Luxembourg, Madrid, Milan, Monaco, Nanterre, New York, Oslo, Paris, San Francisco, Singapore, Stamford (USA), Stockholm, Tokyo, Toronto, Vienna

Product Types

The SIX Telekurs products flow from the same single logical database, and are divided into four categories:

Reference Data and Pricing

SIX Telekurs' 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 Telekurs offers a number of specific products within this category.

Market Data

SIX Telekurs' 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.

Display Products

The SIX Telekurs 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 Telekurs display services offers the options and features most needed by a given sector. SIX Telekurs also bundles its display products with fee-liable data such as news, company fundamentals and ratings.

Solutions

SIX Telekurs 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 Telekurs actively participates with global standards organizations to define and adopt relevant standards that promote straight-through processing. Specifically, SIX Telekurs 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 Telekurs 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 Telekurs provides a wealth of information that help analyze exposures and aggregate positions for effective reporting. SIX Telekurs 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.

See also

  1. ^ [1] Six Group, Financial Information business
  2. ^ SIX Telekurs Data Coverage

References

AIM links SIX Telekurs data to Sungard's V3
SIX Telekurs and Unitek provide real time data for use in RMDS
SIX Telekurs and MiFID Data
SIX Telekurs buys Fininfo