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 proposito di SIX Financial Information

SIX Financial Information è leader globale nella fornitura di dati e soluzioni per 
il settore finanziario e assicurativo, per le grandi società e i media. Acquisite direttamente e in tempo reale da oltre 1500 fonti in tutto il mondo, le informazioni finanziarie di SIX comprendono corporate actions, prezzi, dati anagrafici e di mercato per 16 milioni di strumenti finanziari, e sono uniche per struttura, copertura e livello di dettaglio. Con i suoi uffici in 23 paesi, SIX Financial Information coniuga i vantaggi di una presenza locale a una copertura su scala globale, per fornire agli specialisti in materia di consulenza negli investimenti, analisi finanziaria, gestione del portafoglio e dei titoli un’offerta di dati completa.

Financial Information è uno dei quattro settori di attività di SIX, che a livello mondiale offre servizi di prim’ordine nell’ambito della negoziazione dei titoli, dell’esecuzione di operazioni su titoli, delle operazioni di pagamento e delle informazioni finanziarie.

Contatti

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