IMD & IRD Awards 2020: Best Corporate Actions Data Provider—SIX

SIX continues its leadership within our Inside Market Data & Inside Reference Data Awards, winning Best Corporate Actions Data Provider for a record 11th^th consecutive year. Far from resting on its laurels, the company continues to expand and innovate. This drive, combined with more than 25 years of corporate actions historical data, has consolidated SIX’s reign at the top.

The company delivers integrated corporate actions data in near real time, incorporating extensive reference and pricing data. It now taps over 1,800 primary data sources, covering more than 70 types of corporate actions, to help its customers innovate in the way they manage risk or backtest investment strategies. Its highly structured data model facilitates the automation of everything from simple high-volume corporate actions up to individual complex events.

“We are constantly engaging with the industry on new use-cases, expanding our historic corporate actions and broadening our offerings. As the use of alternative datasets grows, SIX is working with cloud partners and data scientists to improve investment decisions with historic stacks of big data and analytics, with our corporate actions data at the centre,” says Dominique Tanner, head content management for financial information at SIX.

“In addition to focusing on the quality of what we provide, SIX is constantly improving how we provide it. Our corporate actions data is now available via a range of platforms, including our flagship Valordata Feed (VDF) and SIX Flex, launched last year,” Tanner continues. This plug-and-play service enables clients to subscribe to specific content packages and customize deliveries, reducing the cost of ownership with little to no technical integration work required.

“These self-service functionalities make SIX Flex a perfect tool in the current ‘working from home’ environment,” says Tanner. “We have seen an uptick in interest for display and internet tools for clients to access our data easily. Due to the automated and digitized nature of our offering, we have also continued to seamlessly provide our clients with the data solutions they need, ensuring stability and consistency during these uncertain times.”

Tanner is positive about the ways SIX helps its customers to navigate unsettled market conditions. “Our consumption-ready, quality corporate actions data helps clients to not just plan ahead, but embrace the future. We are analyzing and working with various new data pools in order to better service our clients, ensuring they are ready to take advantage of the opportunities of the future now. This includes areas such as alternative data, Environmental, Social and Governance (ESG) data, analytics and tax – there is a lot to look forward to,” he promises.

Read more about the Inside Market Data & Inside Reference Data Awards 2020 winners