Home   News   Features   Interviews   Magazine Archive   Symposium   Industry Awards  
Subscribe
Securites Lending Times logo
Leading the Way

Global Securities Finance News and Commentary
≔ Menu
Securites Lending Times logo
Leading the Way

Global Securities Finance News and Commentary
News by section
Subscribe
⨂ Close
  1. Home
  2. Industry news
  3. SIX partners with Clearstream on data distribution
Industry news

SIX partners with Clearstream on data distribution


29 February 2024 Switzerland
Reporter: Lucy Carter

Generic business image for news article
Image: Elchin Abilov/stock.adobe.com
SIX has partnered with Clearstream to connect its reference data distribution service, Connexor, to D7, Deutsche Börse’s digital post-trade platform.

D7 digitalises financial instruments, allowing for the issuance of electronic securities under the June 2021 German eWpG regulation.

When accessed through Connexor, clients will be able to use the service to fulfil and simplify their reporting obligations and related procedures without constructing their own digital interfaces.

The connection between the platforms will be activated provisionally in H2 2024, the firms state.

Through the partnership, SIX will be able to provide a holistic solution for international reference data processing to issuers and financial institutions across countries and jurisdictions.

Using the service, clients will benefit from regulatory compliance, simplified operations and less maintenance-intensive interfaces.

By reducing media breaks and using automation, users will also see standardised, higher-quality reference data and streamlined product lifecycle management, the firms say.

André Buck, global head of sales and relationship management at SIX Swiss Exchange, says: "The new partnership [is] based on years of evolutionary innovation as an infrastructure provider. Through Connexor and D7, we enable our customers to benefit significantly from this partnership."
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
Advertisement
Subscribe today
Knowledge base

Explore our extensive directory to find all the essential contacts you need

Visit our directory →

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →