About a-team Marketing Services
The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Leading Asset Manager in Japan Relies on SIX Telekurs for NAV Calculation

Subscribe to our newsletter

Finselect, the evaluation price service for the daily evaluation of securities which comply with the former Japanese Pension Fund Association’s guidelines, now has an additional module Finselect MF, which specifically targets the pricing needs of the Japanese investment trust industry. With Nikko Asset Management Co Ltd, SIX Telekurs has gained one of the largest Japanese asset management companies as its pilot customer.

Finselect MF supports the calculation of the NAV (Net Asset Value) of mutual funds (investment trusts) and can be used to evaluate all categories of international investment assets. The move to the latest Web 2.0 technology and additional multi-tasking capabilities offers a faster and more convenient user experience.

Finselect’s price selection engine produces the most suitable evaluation price for every security in an international portfolio. It also fulfils the requirements of the Japanese investment trust industry, including the stability of the data source and the consistency of evaluation rules. Additional services and functionalities including basic and reference data and customisable file formats are also available as part of the Finselect platform.

Clients can select valuation prices from a comprehensive macrocosm of primary exchanges, securities associations and brand-name providers of calculated bond prices which cover almost any asset class.

Finselect is based on the latest Web 2.0 technology. It is cross-browser compatible and is not reliant on third party plug-ins. It provides an easy way to import large lists of securities into the application and manage them with a myriad of functionalities. The output lists can be downloaded directly or via FTP in different customisable formats enabling smooth integration into the client’s target application systems.

SIX Telekurs is very proud to have gained Nikko Asset Management Co (Nikko AM), one of the largest Japanese asset management companies, as its pilot customer, who has been using the product since 1st April 2010.

Alain Delfosse, managing director at SIX Telekurs Japan Ltd, comments: “The new Finselect price selection mechanism offers unique features. For example, in close cooperation with our clients, we determine which valuation prices from which markets are to be used in order to fulfil the requirements of fund accounting for mutual funds. In this way SIX Telekurs can offer real added value to the process of fund administration. One of the reasons why Nikko AM chose SIX Telekurs over competitors was our broader range of data coverage and high level of quality. We are excited to be working with Nikko AM to further support their evolving data needs.”

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: A practical guide to dual UK and EU regulatory reporting as the Temporary Permission Regime comes to a close

Date: 19 July 2022 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes The Temporary Permission Regime (TPR) allowing capital markets participants in the European Economic Area (EEA) to continue to operate in the UK post Brexit will be withdrawn by the end of 2023, calling on firms that want to stay...

BLOG

Greater Automation Could Pay Dividends for Banks in April

By Daniel Carpenter, Head of Regulation at Meritsoft, a Cognizant company. With the first round of the dividends season upon us, it is not only the front office that is preoccupied right now. Dividends are one of many forms of claims that also require attention in the back office. The typically busy period in April,...

EVENT

Data Management Summit Europe Virtual (Redirected)

The Data Management Summit Europe Virtual brings together the European data management community to explore the latest challenges, opportunities and data innovations facing sell side and buy side financial institutions.

GUIDE

Regulatory Data Handbook – Fifth Edition

In response to the popularity of the A-Team Regulatory Data Handbook, we have published a fifth edition outlining the essentials of regulations that are likely to have an impact on data and data management at your organisation. New to this edition is a section on RegTech, covering drivers behind the development of innovative regulatory technology,...