Business update SIX Financial Information Ltd Hardturmstrasse 201 CH-8021 Zurich www.six-financial-information.com 12 March 2014 Nina Malatesti T +41 58 399 5608 [email protected] SIX Financial Information provides real-time fixed income data for new global bond analytics tool Zurich, London – SIX Financial Information has been chosen by Hessegim Software, a leading Israeli financial technology company, as the preferred vendor for global fixed income and reference data. The data is fed via the SIX apiD real-time pricing feed into Hessegim‘s new analytical tool Prafis. Prafis utilises both the SIX apiD and its flagship product Valor Data Feed (VDF) to provide essential bond information for investors. SIX Financial Information’s highly modular apiD interface is used to build versatile, real-time financial information solutions to access the vast market and reference database covering 12 million instruments. Backed by VDF, a fully structured and encoded financial data feed, SIX is offering near-real time reference data to clients. Arik Sorotzkin, CEO at Hessegim, explains why the company decided to partner with SIX: “We selected SIX Financial Information as our preferred data partner because their apiD solution allows us to easily integrate the data into Prafis. Moreover, their extensive coverage of the global bond market was exactly what we were looking for. Our decision was confirmed by the success of the project and the excellent support provided by the SIX team.” Hessegim´s Prafis system focuses on US corporate and government issues with access to other international bond markets already planned. Prafis uses proprietary algorithms and optimization codes, combining third party references and real-time market data, which offers the ability to scale up and extend functionality to create a superior level of analysis. “With apiD our aim is to make it easy for market innovations such as Prafis to connect to our extensive database. We are thrilled to support the launch of Prafis, a system that makes navigating the corporate bond space simple and intuitive,” says Martin Cole, Managing Director of SIX Financial Information UK. Business update 14/05 Contact: SIX Financial Information Marketing Communications Nina Malatesti T +41 58 399 5608 [email protected] Hessegim Software CEO Arik Sorotzkin T + 97 23 614 2132 [email protected] SIX Media Relations Jürg Schneider T +41 58 399 2129 [email protected] About SIX Financial Information SIX Financial Information is a leading global provider of data services and solutions for financial and insurance firms, corporations and the media. Aggregated in real-time from over 1,500 worldwide sources, SIX Financial Information is comprised of corporate actions, pricing, reference and market data for over 12 million instruments and is unique in terms of information depth, breadth and structure. With offices in 23 countries, SIX combines the advantages of local expertise with global reach to offer comprehensive data services for investment advisory, portfolio management, financial analysis and securities administration professionals. Financial Information is one of four business areas of SIX. It also offers global premium services in securities trading, clearing and settlement, payment transactions, and financial information. For more information or to connect with us, please visit: www.six-financial-information.com About Prafis Prafis is a branch of Hessegim Software, the Israeli software company with nearly 20 years experience specialising in building fixed income systems for the domestic bond market. The company's clients are mostly institutional investors and local branches of the leading international banks. Insurance companies, mutual and pension funds, commercial banks, investment houses, government and public agencies, universities and others have found value in their software when performing analysis and making investment decisions. The company is part of a cohesive team that provides valuations of domestic nonlisted cash debt to all regulated institutional investors in the country. For more information please visit: www.prafis.com Business update 14/05
© Copyright 2024 ExpyDoc