When a vendor is on a winning streak, it is clear that customers feel it is getting things right, and that is exactly the case with SIX Financial Information and its corporate actions data feed.
SIX Financial Information has been voted Best Corporate Actions Data Provider an impressive seven times in a row, and the unbeatable vendor appears to have a bulletproof strategy for meeting customer requirements for corporate actions data.
The Swiss industry veteran continues to be recognized for its global coverage of cross-asset classes and its commitment to the industry in terms of involvement and adoption of standards. In recent years, one factor that has made SIX Financial Information stand out is its dedication to messaging standard ISO 15022, which can help firms automate corporate actions data processing to improve efficiencies and reduce risk.
“The real focus lately—and the reason people may have voted for us this year—is we’re leading the way in investing in ISO standards, particularly ISO 15022,” says Phillip Lynch, head of markets, products and strategy at SIX Financial Information, explaining that this has been, and continues to be, a big investment for the company, as the fields in 15022 are not automatically populated.
SIX Financial Information has various delivery mechanisms for its corporate actions data, and Lynch stresses that the key is to make it easy for clients to use the data and integrate it into their workflows. “Clients want to achieve greater automation,” he says. This focus arrives on the back of SIX Financial Information’s long involvement in the community, including a history of supporting ISO working groups and other industry initiatives. “Our investment in corporate actions data is not just in sourcing the data and delivering it, but also in the time and effort we dedicate to industry groups, and we have become very involved in the community,” says Lynch.
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