The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

SIX Extends DocHub Platform Reach through Finnova

Swiss financial data specialist SIX today made its Regulatory Document Hub (DocHub) available as to the wider Swiss financial market for the first time through Finnova, a Swiss provider of software and services.

DocHub is a fully automated platform that connects product manufacturers with distributors to ensure Key Information Documents (KIDs) and other regulatory documents are available digitally, are up-to-date and correct, in clients’ e-banking and core banking systems. It is one of the largest document platforms available in the financial market, covering 6.5 million instruments through over 30 million documents from more than 950 manufacturers.

Via DocHub, over 100 Swiss banks utilising Finnova’s core banking software are now able to get access to documentation they need to remain compliant with FinSA, the Swiss regulatory counterpart of PRIIPs and MiFID II Investor Protection.

The expansion of the Finnova/SIX partnership follows a longstanding working relationship between the two firms, and includes the signing of a partnership agreement to formalise the integration of the DocHub platform.

“With regulatory pressure on Swiss banks constantly growing, the need for better access to correct and up-to-date key investor protection documents has never been greater,” says Ralf Rühling, Senior Product Manager, Financial Information at SIX. “With our DocHub platform connected to Finnova, Swiss banks will have access to a deep pool of up-to-date documents that will be fully integrated and automated into their client advisory systems. This will be crucial in cutting down on their administrative burden to remain compliant, allowing them to focus on their core business.”

Related content

WEBINAR

Recorded Webinar: Data management for analytics and market surveillance

The financial services industry is starting to harness the potential of Big Data analytics to gain insights that can yield competitive advantage. At the same time, market surveillance has emerged as a major requirement for trading firms across the board as regulations like MiFID II and Market Abuse Regulation (MAR) push both buy- and sell-side...

BLOG

Substantive Research Releases ESG Provider Dashboard for Buy-Side Firms

Substantive Research has released ESG Provider Dashboard, a solution designed to help asset managers compare different aspects of ESG data providers and draw up shortlists of companies that meet their needs for ESG data and analytics. The dashboard covers about 100 data providers and is expected to host towards 150 next month as it expands...

EVENT

LIVE Briefing: ESG Data Management – A Strategic Imperative

This breakfast briefing will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.

GUIDE

Entity Data Management Handbook – Seventh Edition

Sourcing entity data and ensuring efficient and effective entity data management is a challenge for many financial institutions as volumes of data rise, more regulations require entity data in reporting, and the fight again financial crime is escalated by bad actors using increasingly sophisticated techniques to attack processes and systems. That said, based on best...