SIX expands alliance with Eagle Investment Systems to include sanctions data

Source: SIX

Switzerland-based data giant SIX and Eagle Investment Systems, a BNY Mellon company, today announced an expanded alliance to help Eagle clients source global sanctions data.

SIX and Eagle have had an existing relationship since 2011.

Eagle clients can now source sanctions data directly from SIX for use within Eagle solutions. The alliance will help to streamline efforts by clients to source, validate, and align sanctions data with existing portfolio data, helping firms minimize the risk of reputational damage and fines that can result from dealing with sanctioned entities.

“Alliances, such as SIX, are critical to our mission of bringing services and capabilities that, when combined with Eagle, can bring a greater solution to our clients,” said Joel Kornblum, Head of Strategic Alliances at Eagle Investment Systems. “SIX is an award winning provider of global sanctions and watchlist data; sourcing this data can help our clients to manage portfolio risk more effectively.”

“Effective sanctions compliance depends on accurate identification of in-scope entities and their issued securities, which are very complex and constantly changing,” said John Mc Manus, Head of Sales Americas, Financial Information, SIX. “Expanding our relationship with Eagle Investment Systems delivers a data solution that empowers their clients to adapt quickly to regulatory demands and sanctions activity, helping them to trade with confidence as a result.”
Contributed | what does this mean?
This content is contributed or sourced from third parties but has been subject to Finextra editorial review.

Comments: (0)

Featured job
All Jobs »