Skip to main content

Waters Rankings 2025: Best corporate actions solution provider—SIX

Name of product or service: Global Corporate Actions

Waters Rankings 2024 gold stars
    • WatersTechnology Staff

Overview

The SIX Global Corporate Actions service is the result of years of research, development and expertise supporting large numbers of financial services firms with their diverse use-cases. The firm’s corporate actions platform with its various facets is designed to make all processes more efficient for its clients, offering them transparent, accurate and real-time corporate actions data. The service is available via various platforms, including the SIX Valordata Feed (VDF), SIX Flex, APIs or cloud-based solutions.

Corporate actions are playing a more and more structural role in the sound functioning and financing of the capital markets. Facing growing complexity, market participants are seeking enhanced quality, timeliness and solutions for their specific business cases. That’s exactly what we are constantly working on to make a difference for the industry with our data. We genuinely value our track record of winning this award for seven consecutive years and will continue delivering our best efforts to carry on 

SIX Group

The solution  

SIX supplies clients with corporate actions data in standardized formats, allowing for high rates of straight-through processing. Over 70 event types are aggregated from all major financial markets and delivered to customers worldwide in customizable or industry-standard formats―ISO 15022 MT564, for example―allowing users to tailor their data to meet their own specific needs. Additionally, over 50 partners have chosen SIX for streamlined distribution of aggregated data into a wide variety of technology and banking software suites.

Differentiators  

SIX has been providing the capital markets with high-quality data for nearly 100 years. During this period, the firm has developed its databases, expanded its asset class coverage, created tools and compiled data to serve the needs of its global clientele. It has always maintained a local flavor to its products and its approach to its customers. This proximity and use-case-driven service strategy is what the Zurich-based firm believes differentiates it from other data vendors.

Recent goals

In 2024, SIX developed new ways to access its corporate actions, in particular through APIs. The firm’s new SIX Bulk API supports large uploads of corporate actions in any security master and banking system in reduced timeframes. This data is kept up to date through delta uploads processed automatically, significantly reducing technology and human loads. SIX has also expanded its coverage with the acquisition and integration of FactEntry, allowing it to extend its corporate actions data to a larger range of fixed-income securities.

Product roadmap

Cryptocurrencies and digital assets in general are now playing a more important role than ever in the investment industry and are consequently demanding greater inclusion in portfolios, even for retail investors. SIX is therefore developing data services around this specific asset class. In parallel, its product approach is more and more “use-case-oriented”―SIX develops solutions specifically to address clients’ needs. The firm intends to continue to solve new business cases for its clients.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Copyright Infopro Digital Limited. All rights reserved.

As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.

If you would like to purchase additional rights please email info@waterstechnology.com

Copyright Infopro Digital Limited. All rights reserved.

You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.

If you would like to purchase additional rights please email info@waterstechnology.com

More on Awards & Rankings

Most read articles loading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here