“Market participants increasingly need on-demand access to our vast catalogue of global financial and investor protection related data.”
Alveo has expanded its global data coverage and feed integrations by adding new content from SIX including Sentiment indicators, Tax, and Regulatory Risk data.
The provider of cloud-based market data integration, analytics and Data-as-a-Service (“DaaS”) solutions for financial services added content from SIX to help customers self-serve and quickly realize the value of these data sets, including its global security master and historical pricing data already available via Alveo.
Linking and cross-referencing of SIX content with client data sets or 3rd party
Alveo combines data and data management capabilities in DaaS offerings to provide financial services firms with integrated solutions that directly put content from leading data sources such as SIX into critical customer workflows and databases.
The data management solution provides linking and cross-referencing of SIX content with client data sets or separately sourced third-party content.
In addition, data lineage, data governance, cleansing and last-mile integration capabilities enable rapid embedding of content into customer workflows and cloud data warehouses.
Sam Sundera, Head Future Business Financial Information at SIX, commented: “Market participants increasingly need on-demand access to our vast catalogue of global financial and investor protection related data. Extending our partnership with Alveo’s leading edge managed services and data analytics solutions enables those firms to rapidly utilize critical asset-level data directly in investment operations and workflow applications.”
Mark Hepsworth, Chief Executive Officer at Alveo, said: “Alveo’s cross-referencing and integration capabilities in its DaaS solutions can quickly onboard and operationalize any data source. SIX already offers Alveo clients an extraordinary depth of data. Further integration with SIX enables additional and flexible access to our customers for their tax, sanctions, pricing, corporate actions and security reference data.”
Alveo boasts an ESG data management solution
Last year, Cognizant partnered with Alveo in a move toward a comprehensive Environmental, Social and Governance (ESG) data management solution for the financial services industry. The service allows institutions to operationalize ESG data, integrate it into business processes for better portfolio options and address the rapidly evolving regulatory environment.
Cognizant will provide data operations and technology services to support the implementation and management of Alveo’s ESG Data-as-a-Service (DaaS) solution. Alveo’s ESG solution was developed exclusively for the financial services industry and includes mappings between data sources and regulatory requirements. It provides an overview of data operations as well as the ability to query and investigate ESG data, including complete lineage.