SIX Financial Information adopts Bloomberg Open Symbology

Zurich - SIX Financial Information today announced that its Valordata Feed (VDF) and Market Data Feed (MDF) will incorporate the Bloomberg Global Identifier (BBGID), which delivers greater processing efficiencies and transparency to its clients.

SIX is adopting Bloomberg's Open Symbology (BSYM), an open and free-use system for identifying global securities across all asset classes with a BBGID, a 12-digit alpha-numeric identifier for financial instruments. SIX has a long history of supporting existing and emerging standards and already supports more than 30 security identification schemes.

Adding the BSYM was a natural extension to the sets already available in VDF, a fully structured and encoded data feed offering near-real time delivery of reference data. BSYM is also scheduled to be released in MDF, a high performance, real-time market data delivery service by the end of February 2014.

The covered asset classes include:

  • Bonds, debt-registered claims
  • Hybrid, structured instruments
  • Floating rate notes, debentures with variable, graduated or index
    linked interest
  • Convertible bonds
  • Money market instruments, with a term of less than a year
  • Trust-certificates, funds unites
  • Trust shares
  • Shares, units, participation receipts

"Integration of the Bloomberg's Open Symbology is extremely important to us in our effort to continuously improve our products, ensuring client needs are met while increasing our customer focused offering,“ said Arno Wilhelm, Head Product Management, SIX Financial Information. “The addition of Bloomberg's Symbology to our portfolio advances straight-through processing, allowing for ever more efficient mapping and cross-referencing of instruments, saving clients time and money.”

Peter Warms, global product manager for entity content, corporate actions and symbology said, “Bloomberg and SIX Financial Information recognize the value of a comprehensive, open and unchanging identifier, like the BBGID, which helps market systems and customers track unique securities and process corporate action data more efficiently. Adopting BSYM for several of its market data feeds will help SIX Financial Information and its customers enhance the interoperability of market systems and reduce operational costs.”

BSYM covers more than 150 million securities representing all asset classes. New identifiers are available through Bloomberg’s website at no charge to users. For more information about Bloomberg Open Symbology, please visit www.openbloomberg.com.

A propos de SIX Financial Information

SIX Financial Information occupe une place prédominante, au niveau mondial, dans la fourniture de services de données et de solutions à destination des organismes financiers et d'assurance, des entreprises et des médias. Intégrée en temps réel à partir de plus de 1 500 sources de par le monde, l'information financière de SIX est composée de données de référence, de données de marché, d'Opérations Sur Titres et de prix sur plus de 16 millions d'instruments et est unique en termes de profondeur, de couverture et de structure. Avec des bureaux implantés dans 23 pays, SIX combine les avantages d’une présence locale à une dimension internationale, offrant ainsi des services de données pertinents aux professionnels de la gestion de référentiels titres, de la gestion des risques et de la conformité, du conseil en investissements, et de la gestion de portefeuilles. 

Financial Information est l'un des quatre domaines d'activité de SIX qui offre au niveau international des services de qualité dans les domaines du négoce et du règlement de titres, des transactions de paiement et de l'information financière.

Contact

SIX Financial Information
Marketing Communications
Jeanette Babik
T +41 58 399 5154
marketing@six-financial-information.com

SIX
Media Relations
Jürg Schneider
T +41 58 399 2129
pressoffice@six-group.com