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FundGuard clients to get automated end-of-day market prices from SIX

Source: SIX

SIX, the global financial information provider, today announced its partnership with FundGuard, the cloud native and multi-asset class investment accounting platform to deliver global pricing, market and reference data to asset managers, asset owners, and asset servicers.

FundGuard’s transformational SaaS investment accounting platform enables clients to leverage modern cloud and AI capabilities reducing costs, automating workflows, and driving an increased customer experience with access to meaningful data in real-time.

The partnership integrates SIX end-of-day market prices, core security master data and corporate actions notifications offering seamless access to clients using FundGuard’s IBOR, ABOR and NAV Contingency solutions. Other market-leading ESG, Fund Compliance, and regulatory-driven data sets from SIX will also be available through the investment accounting platform.

Investment organizations increasingly face multifaceted business challenges including fees and cost pressures, a constantly evolving regulatory environment, increased competition and restrictions imposed by legacy software. SIX and Fundguard’s approach offering best-of-breed access to both technology and data allows organizations to adapt and scale on-demand managing these challenges head-on.

“The partnership we have developed with FundGuard allows our mutual clients to embrace the new data economy with agile technology and high-quality data. Our shared focus on using collaboration and innovation is centre to solving market challenges and future proofing our clients operations” said Shai Popat, Head Product & Commercial Strategy, Financial Information at SIX.

“Modern trading, front office, and dashboards cannot function efficiently without accurate and highly controlled data that is consistently, immediately, and seamlessly integrated across all touch points,” commented Lior Yogev, FundGuard CEO and Co-Founder. “By integrating the leading data and services from SIX with FundGuard’s cloud-native front-to-back and cross-industry operating model, our common clients will benefit from better data, better analytics and the ability to scale quickly - all while reducing total cost of ownership and removing operational silos.”

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