SIX and Crux Informatics Partner For Data Integration
SIX and Crux Informatics are working together to provide a managed market data solution, which enables buy-side firms to focus on core activities without having to manage complicated technical integration.
Crux is integrating SIX’s Valordata Feed (VDF), which covers 29.7 million instruments for pricing, corporate actions reference data as well as compliance and regulatory data. Clients will benefit from a streamlined data delivery service combining Crux’s cloud-based platform with existing platforms from SIX and delivering more manageable data integrations.
“We are extremely excited to be embarking on this innovative partnership with Crux, a new breed of technology vendor,” said John McManus, Head Sales US, Financial Information at SIX. “This partnership will enable us to access wider markets, removing the complicated extraction, transformation and load process detail to provide buy-side firms access to the highest quality of data available free of integration and management headaches.”
“Buy-side professionals are hungry for historical, well-built datasets they can use to gain a competitive edge,” said Philip Brittan, CEO of Crux Informatics. “SIX has deep domain expertise in data aggregation and normalisation, such as tax base data, regulatory based and reference data. This partnership is a natural next step through which we will provide SIX with access to a well-known vendor name in the buy-side, facilitating a seamless link for their clients to security masters and corporate actions data.”