SIX Financial Information launches Income Distribution Service
SIX Financial Information has launched an Income Distribution Service to provide timely and accurate dividend information.
During the development phase, SIX worked closely with a client based working group to design a service tailored to the industry’s requirements. A number of leading financial institutions have already subscribed to the new offering.
The service launched after consultation with fund experts and software developers as an extension to SIX Financial Information’s FundsFast module
Data teams at SIX manage each instrument universe using a monitoring tool developed specifically for this purpose. The teams liaise directly with fund administrators and managers to ensure the reception of up to date distributions as soon as they are available.
This bespoke solution offers a large selection of data fields and flexible delivery times with intraday delivery at at least 15-minute intervals.
Martin Cole, Managing Director of SIX Financial Information UK says, “By involving end users in the solution design process, we have developed a service which corresponds precisely to what the industry wants.”
SIX Financial Information offers data services and solutions for financial and insurance firms, corporations and the media. Aggregated in real-time from over 1,500 worldwide sources, SIX’s financial information is comprised of corporate actions, pricing, reference and market data for over 11 million instruments.