About a-team Marketing Services

A-Team Insight Blogs

SIX Expands Data Offerings by Partnering with Tradeweb and CryptoCompare

Subscribe to our newsletter

Swiss-based infrastructure services and financial information company SIX has entered into two partnership agreements that will expand the company’s data offerings. By partnering with global electronic marketplace operator Tradeweb, SIX customers will have access to municipal bond prices generated by Tradeweb Municipal AI-Price. And through a partnership with CryptoCompare, the digital asset market data provider, CryptoCompare’s cryptocurrency data will also now be available to SIX customers.

“We’re focusing our product and data strategy around three things: the extension of the use of our core assets; the democratisation of data, which is leading to more coverage, more depth, and more technology demands; and increased globalisation and more segments in terms of our client base,” says Shai Popat, Managing Director, Head Product and Commercial Strategy Financial Information at SIX. “The key thing is to overlay our proprietary content with specialised datasets from partners where we think they complement each other, to address these trends we’re seeing in the market.”

The Tradeweb partnership will enable SIX to offer US municipal bond pricing that leverages both Tradeweb’s proprietary models and data from its electronic marketplace. Tradeweb Municipal Ai-Price provides a combination of proprietary data, machine learning and other advanced data science methods, producing daily pricing on over 960,000 municipal bonds using inputs from data published by the Municipal Securities Rulemaking Board (MSRB) together with proprietary data from the Tradeweb platform. As compared to traditional municipal bond pricing services, Tradeweb’s Municipal AI-Price model dynamically fine-tunes key factors and does not rely on manual interpretation in order to predict prices.

“Through this collaboration with Tradeweb, SIX offers its clients a greater level of municipal bond data to power their operations and risk management systems,” says Popat. “Clients can receive this data in a standardized format, in conjunction with our high-quality rates, pricing and reference data, as well as our renowned corporate actions and regulatory data.”

SIX has further expanded its data coverage through a new partnership with CryptoCompare, giving SIX customers access to more than 85% of all cryptocurrency market activities worldwide. CryptoCompare is an FCA-regulated, UK-based digital asset market data provider, aggregating data from over 300 venues globally. The company has broad coverage of reference and pricing data for cryptocurrency and fiat-based trading pairs. Through the new partnership, SIX will provide real-time and historical pricing data, order book and cryptocurrency derivatives data built on CryptoCompare’s proprietary aggregate pricing methodology.

“One of the important points about the CryptoCompare partnership is that we’re targeting institutional clients,” says Berta Ares Lomban, Head Digital Assets Financial Information at SIX. “There are regulatory changes coming that will require new content, so a key part of what we’re doing is providing standardisation around codes, classification and taxonomy, preparing the data so that it can be consumed in the systems that our institutional clients currently use for traditional assets, they don’t need to do anything new. We’re also planning to extend the CryptoCompare data with some calculations of our own, to provide added-value analytics.”

“Whether you’re a software solution vendor, or a bank, or an asset manager, or whoever you might be, the need for data is just getting more sophisticated and more demanding,” concludes Popat. “And the trend we’re seeing as clients diversify their portfolios is that they have exposure to a huge number of assets. Our job is to make it easy for our clients to make it easy on their own clients. To do that we’ll continue to provide multiple datasets across multiple asset classes.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Are you making the most of the business-critical structured data stored in your mainframes?

Fewer than 30% of companies think that they can fully tap into their mainframe data even though complete, accurate and real-time data is key to business decision-making, compliance, modernisation and innovation. For many in financial markets, integrating data across the enterprise and making it available and actionable to everyone who needs it is extremely difficult....

BLOG

Getting Data Right is Crucial to Deriving Value From AI: DMI Webinar Review

Capital markets participants are struggling with data sourcing and cleansing as they deploy artificial intelligence to streamline operations, improve customer relations and add value to their services, according to the latest A-Team Group poll. In a survey survey of attendees at last week’s Data Management Insight webinar on data quality for AI it also emerged...

EVENT

Buy AND Build: The Future of Capital Markets Technology

Buy AND Build: The Future of Capital Markets Technology London examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...