SIX Financial Information incorporates pre-LEI through Avox

Zurich, London - SIX Financial Information selects Avox to source pre-legal entity identifiers (LEI) in support of clients’ compliance, risk and operational requirements. The service consolidates pre-LEIs from the issuing Local Operating Units and maps them to SIX’s extensive global securities database, providing clients with a comprehensive access to data for better informed decision making.

In an ongoing focus to simplify data management, SIX Financial Information is assisting clients’ LEI implementation programs as they prepare to meet their reporting obligations under several regulations such as EMIR, Dodd-Frank (for OTC Derivatives) and Solvency II. SIX is cross-referencing the pre-LEI to its wealth of security and entity reference data, thus clients can achieve the transparency and consistency required for compliance and management of reference data across their enterprise.

Avox, a specialist in legal entity data, will source pre-LEIs from all local operating units, the organizations responsible for creating pre-LEIs, and will provide a consolidated file with the identifiers to SIX Financial Information. Entities will be matched to an Avox ID (AVID), a unique identifier that facilitates fast and reliable identification of all parties involved in any transaction.

“SIX is fully supportive of the of the Global LEI system (GLEIS) initiative and this strategic partnership enables us to deliver greater efficiencies to clients while adhering to our high data standards,” said Darren Marsh, Senior Product Manager at SIX Financial Information. “Working with a proficient entity data provider such as Avox corresponds precisely to what clients want – accurate and timely LEI matching within broader services to support critical business operations.” 

Mark Davies, General Manager and Head of Avox Limited said: “Financial institutions are hearing about the LEI and pre-LEIs but have questions about how it will work globally, and whether they will have the correct identifiers for themselves and their counterparties on a timely basis. The agreement with SIX Financial Information means that its clients can be confident that the pre-LEIs of interest to them will be accurately matched and ready to report.”

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

Avox
Lilia Tira
T +44 20 7650 1592
ltira@dtcc.com

Melissa Rowling
T +44 20 7324 5490
melissa.rowling@greentarget.co.uk