17 October 2017

SIX Telekurs adds Morningstar fund constituent data

22 October 2010  |  3718 views  |  0 Source: SIX Telekurs

SIX Telekurs recently announced the availability of fund constituent data on over 70,000 global funds from Morningstar, giving customers another channel through which to leverage Morningstar's long-standing expertise in the procurement, analysis and management of fund information.

The fund holdings data is a significant enhancement to SIX Telekurs' Valordata Feed (VDF), which offers reference data and pricing information on over 6.2 million securities.

In order to help our clients stay competitive and compliant, SIX Telekurs continually works to enhance its financial data offering. This addition of the fund holdings information from Morningstar is one significant example. Morningstar has collected fund composition data for over 20 years, and today relies on its global staff of over 600 dedicated data analysts and developers to compile holdings for nearly 250,000 mutual funds domiciled in over 80 countries.

"With this data, customers can drill down to the component level of a fund. This allows them to understand their real exposures regarding a particular company, industry sector, region, rating or asset category and thereby take any necessary measures", says Mirko Silvestri, Head of Product Management for SIX Telekurs. "When rich holdings data, such as that which is delivered by Morningstar, is coded and integrated into our structured and linked database, customers have an amazingly robust framework with which to analyze and manage their fund positions".

"We are pleased to have our fund holdings available on SIX Telekurs' Valordata Feed, as the structure of this service further enriches the utility of our data", said Jimmy Mohns, European Product Manager for Morningstar's Datafeed Business. "As the regulatory environment tightens and institutions look more closely at their overall risks, this combination of data and technology will prove very valuable to our global customers. By aligning our efforts we will be able to provide a powerful offering to the market. Moreover, by utilizing our global coverage of underlying fund holdings and by marrying that information with SIX Telekurs' global distribution network, we expanded our reach considerably. This project has been a huge success, and we are looking forward to future collaborations between Morningstar and SIX Telekurs."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Register nowvisit www.temenos.comvisit www.innotribe.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
14515 views comments | 11 tweets | 3 linkedin
Taiwan's Far Eastern International Bank suffers malware attackTaiwan's Far Eastern International Bank su...
13107 views comments | 16 tweets | 22 linkedin
Monzo fends off suitors as current account upgrade beginsMonzo fends off suitors as current account...
8987 views comments | 17 tweets | 14 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
7960 views comments | 15 tweets | 20 linkedin
Ripple blockchain network hits 100-member markRipple blockchain network hits 100-member...
7641 views comments | 13 tweets | 13 linkedin

Featured job

Competitive base, commission, benefits
London, UK

Find your next job