Data Passport

Data is the fuel for financial markets yet major institutions are at great operational and regulatory risk of acting on stale or incorrect information. Just as your passport is proof of your identity, financial services firms need to understand data lineage. Do we now need a financial “data passport”?

Quality and provenance of data is important to a bank’s operations, growth, risk and performance; financial institutions need to know where data comes from, where it goes and how it is used. SIX understands the role that data plays in financial markets and provides you with the passport you need to gain entry to increased growth and performance as well as reduced risk and regulatory exposure.

New regulations, calls for deregulation, political uncertainty, and increased trading barriers are causing global businesses to do some serious thinking about how to navigate perplexing situations.

This new normal is spurring a race to model the future, find competitive alpha, and be more confident with risk assessments — efforts that are more data intensive than ever before. This also means that firms will be turning to alternative data in greater numbers, which will bolster Big Data stacks and exponentially improve analytics.

The history of corporate actions from SIX goes back more than 25 years and provides access to the same detailed corporation actions data available on each instrument as the daily corporate actions service. This can be complemented with securities pricing information going back to the early 1980s. With a focus on primary, official and trusted sources and building on a highly structured data model, SIX has been delivering proven data quality for 90 years.