News & Events

SIX Telekurs and FinancialCAD Extend Bilateral Data & Analytics Partnership

F3 2.0 offers the industry's most robust portfolio risk analytics, enhanced usability and extended coverage

Vancouver, Dublin - June 10, 2011

Zurich, Switzerland - SIX Telekurs, a leading financial information provider, and FINCAD, a provider of industry standard financial analytics, are pleased to announce that they have signed agreements to extend their long-standing partnership.

The extended relationship allows FINCAD's customers to take advantage of SIX Telekurs' rich database of global securities prices in FINCAD's online derivatives valuation service, Fair Value Insight, as well as in FINCAD's Market Data service.

"The fact that SIX Telekurs' market data is so broad and so deep is of tremendous benefit to our mutual customers as they seek alpha by extending their portfolios in new regions and new instruments alike", said Amar Budhiraja, Director of the FINCAD Alliance Program. He continued, "Customers can improve the effectiveness of their risk and exposure analyses with the most current market prices, sourced directly by SIX Telekurs from the world's leading exchanges and liquidity pools."

At the same time, SIX Telekurs has formalized and extended its use of FINCAD analytics in its Evaluated Pricing Service. Customers can be assured of the quality and integrity of the analytical foundation of the service. This is especially important in the more tightly regulated, post-crisis environment, where it isn't enough to simply apply evaluated prices. Now more than ever, financial institutions must endeavor to fully understand the methodology behind the valuations so that they may have confidence in the prices they use to value the illiquid or complex securities in their portfolios.

"As another dimension of SIX Telekurs' commitment to transparency, the fact that FINCAD analytics are widely used and readily available makes it that much easier for us to engage in client conversations about valuation techniques and methodologies," said Perry H. Beaumont, PhD, SIX Telekurs' Head of Evaluated Pricing Research & Development. "We also welcome the ease with which we can feed data from our own rich database into FINCAD's functionality, including real-time applications."

Contact:

SIX Telekurs
Deirdre Sullivan
Telephone: +1 203 353 8100
dsullivan@tkusa.com

FINCAD
Sarah Quon
Telephone: +1 604 831 9599
pr@fincad.com

About FINCAD

Founded in 1990, FINCAD provides software and services supporting the valuation and risk management of cross-asset class derivatives and fixed income securities to banks, corporate treasuries, asset management firms, auditors, and governments. FINCAD is the industry standard for financial analytics used by more than 4,000 organizations in over 80 countries. Over 70 FINCAD Alliance Partners embed FINCAD analytics within their solutions. FINCAD provides sales and client services from Dublin, Ireland and Vancouver, Canada.

About SIX Telekurs

As a leader in its field, SIX Telekurs specializes in procuring, processing and distributing international financial information. Financial market specialists at SIX Telekurs gather information from all the world's major trading venues - directly and in real-time. The SIX Telekurs database with its structured and encoded securities administration data for 7.6 million financial instruments is unique in terms of its depth of information and data coverage. With offices in 23 countries, SIX Telekurs combines the advantages of global presence and local know-how.

SIX Telekurs is a SIX Group company. On a global scale, SIX Group offers first-rate services in the areas of securities trading, clearing and settlement, as well as financial market information and payment transactions.

Further information is available at: www.six-telekurs.com.