Stock exchange provider SIX has partnered with FundGuard, an investment accounting platform, to integrate data, including global pricing, market and reference data, to asset managers, owners and asset servicers.
The partnership integrates SIX’s end-of-day market prices, core security master data and corporate actions notifications with FundGuard’s ‘investment book of record’ and net asset value contingency solutions. ESG, fund compliance, and regulatory-driven data sets from SIX will also be available through FundGuard.
According to SIX – which operates the Swiss and Spanish stock exchanges – during a time of rising challenges for financial businesses, including fee and cost pressures, the partnership will permit organisations to manage these issues “head-on” by accessing best-of-breed access to technology and data through the partnership.
By integrating the data and services with FundGuard’s cloud-native front-to-back and cross-industry operating models, the clients will be able to access better data and analytics and will benefit from the ability to scale quickly, said Lior Yogev, FundGuard CEO and co-founder.
FundGuard is a software-as-a-service investment management and administration platform that uses artificial intelligence.
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