Alveo adds Sentiment indicators, Tax, and Regulatory Risk data from SIX

Rick Steves

“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.

Read this next

Executive Moves

Wombat appoints ex-abrdn Richard Charnock as UK platform turns to Europe

Launched in 2019, Wombat provides a dedicated mobile investing platform – available on both iOS and Android – offering users both range and choice.

Institutional FX

Broadridge integrates Point Focal’s pre and post-market reports

“Point Focal provides a unique lens on the market which will help add alpha to the trading process and these new insights will rapidly improve performance while mitigating execution risk and simplify trading.”

Technology

XCritical integrates with Brokeree Solutions, allowing its clients to launch copy trading 

The forex software provider – XCritical, has integrated Social Trading by Brokeree Solutions into their CRM system.

Industry News

HKEX partners with Saudi exchange for cross listings, ESG, Fintech

“The Kingdom of Saudi Arabia, and the broader Middle Eastern region, are one of the world’s most dynamic and exciting economic and innovation hubs and also home to some of the fastest growing investor groups in the world. Hong Kong and HKEX’s markets offer significant opportunities for international investors and corporates, including unrivalled connectivity to the Mainland Chinese markets through our unique Connect programmes. This agreement signals the beginning of even greater collaboration between our companies and our home markets, and we look forward to exploring many future areas of cooperation.”

Executive Moves

CMC Markets Connect relocates APAC team led by Peter Foster to Singapore

“Singapore is a vibrant city and is now undoubtedly seen as Asia’s leading financial hub. The decision to bolster the CMC Markets Connect team here will help us cement the company’s position as a leading provider of multi asset liquidity and comprehensive trading solutions across the region.”

Retail FX

Italian watchdog red flags Olympus Brokers, UnicoFX and Allfina Group

Italy’s Commissione Nazionale per le Società e la Borsa (CONSOB) has shut down new websites in an ongoing clampdown against firms it accuses of illegally promoting investment products in the country.

Retail FX

XTB revenues hits zł1.45 billion in 2022, Q4 earnings disappoint

Poland-based Forex and CFDs broker, XTB has reported its final results for Q4 of 2022 and the full fiscal year ending on December 31, 2022, showing one of its most successful corporate years.

Executive Moves

Lirunex Limited recruits Waleed Salah as head of MENA sales

Maldives-based brokerage firm Lirunex Limited has secured the services of Waleed Salah, who joined the company in the role of its head of sales for the MENA region.

Executive Moves

Trading 212 parts ways with co-founder Borislav Nedialkov

Trading 212 has a void to fill at its FCA-regulated business in London, following the departure of two key players, Raj Somal and Borislav Nedialkov.

<