SIX Telekurs expands evaluated pricing business

Source: SIX Telekurs

Responding to the more stringent demands of the latest International Financial Reporting Standards (IFRS), and the increasing client need for transparency, SIX Telekurs has re-structured and expanded its Evaluated Pricing business.

SIX Telekurs‟ Evaluated Pricing is a solution which provides prices for a broad selection of fixed income instruments and derivatives, which are independent, transparent, consistent, reliable and comprehensively documented. These prices are derived using a patented methodology at the cutting edge of modern financial theory.

In response to the increased demand by clients for independent and transparent valuations, SIX Telekurs has extended its instrument coverage, and now includes floating rate notes, money market instruments, Mortgage and Asset-Backed Securities, OTC derivatives, amongst others, in its offering. SIX Telekurs has also pioneered the evaluation of „green‟ securities as a growing investment class. These innovations are in addition to the full range of other pricing and reference data sources SIX Telekurs provides in support of client requirements.

To support the expansion of the service and to respond more efficiently to customer needs, SIX Telekurs has hired a number of new Evaluated Pricing consultants, who are based in all the major financial centres around the world. These Evaluated Pricing Consultants are responsible for helping customers understand the details of the service and to help them choose how it best fits their needs. This expert group will also be present at SIX Telekurs‟ Securities Valuations Roadshow, which kicks off on the 7th October in New York. The main focus of this series of events, is on how clients can comply with regulatory requirements in the field of securities valuations, and the impact these will have on different business segments.

"We are very excited about the direction in which our Evaluated Pricing business is going." Says Bruno Burlon, Global Head of SIX Telekurs‟ Evaluated Pricing. "In the past few months we have had a great response from clients, which confirms that we are addressing their evolving needs effectively".

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