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

A-Team Insight Blogs

SIX Telekurs Enhances Fund Transparency with Morningstar Holdings Data

Share article

SIX Telekurs recently announced the availability of fund constituent data on over 70,000 global funds from Morningstar, giving customers another channel through which to leverage Morningstar’s longstanding expertise in the procurement, analysis and management of fund information. The fund holdings data is a significant enhancement to SIX Telekurs’ Valordata Feed (VDF), which offers reference data and pricing information on over 6.2 million securities.

In order to help our clients stay competitive and compliant, SIX Telekurs continually works to enhance its financial data offering. This addition of the fund holdings information from Morningstar is one significant example. Morningstar has collected fund composition data for over 20 years, and today relies on its global staff of over 600 dedicated data analysts and developers to compile holdings for nearly 250,000 mutual funds domiciled in over 80 countries.

“With this data, customers can drill down to the component level of a fund. This allows them to understand their real exposures regarding a particular company, industry sector, region, rating or asset category and thereby take any necessary measures”, says Mirko Silvestri, head of product management for SIX Telekurs. “When rich holdings data, such as that which is delivered by Morningstar, is coded and integrated into our structured and linked database, customers have an amazingly robust framework with which to analyse and manage their fund positions.”

“We are pleased to have our fund holdings available on SIX Telekurs’ Valordata Feed, as the structure of this service further enriches the utility of our data”, said Jimmy Mohns, European product manager for Morningstar’s Datafeed Business. “As the regulatory environment tightens and institutions look more closely at their overall risks, this combination of data and technology will prove very valuable to our global customers. By aligning our efforts we will be able to provide a powerful offering to the market. Moreover, by utilising our global coverage of underlying fund holdings and by marrying that information with SIX Telekurs’ global distribution network, we expanded our reach considerably. This project has been a huge success, and we are looking forward to future collaborations between Morningstar and SIX Telekurs.”

Related content

WEBINAR

Recorded Webinar: Moving the trading technology stack to the cloud

Migration of financial apps and data to the cloud is well underway as financial institutions take the opportunity to cut the cost of running systems on premise, scale as and when required, and spin up test environments quickly and inexpensively. Moving the trading technology stack to the cloud is a different and more difficult proposition....

BLOG

Live at Data Management Summit USA Virtual – Day Two Keynote and Q&As

A-Team Group’s Data Management Summit USA Virtual Day Two was based on the theme of best practices for data driven strategies in today’s new normal. The day started with an informative live keynote from Arvind Joshi, director of data management at Scotiabank, on how to establish data quality for analytics. This was followed by three...

EVENT

RegTech Summit Virtual

The RegTech Summit Virtual which took place in June 2020 was a huge success with over 1,100 delegates registered. We are currently working on our plans for 2021 and we hope to be back with an in-person event. Whatever the future holds you can guarantee our 2021 event will be back with an exceptional guest speaker line up of Regtech practitioners, regulators, start-ups and solution providers to collaborate and discuss innovative and effective approaches for building a better regulatory environment. Can't wait until 2021? make sure you sign up to our RegTech Summit Virtual, November 2020. More info...

GUIDE

Entity Data Management & the LEI

Just over a year since the Financial Stability Board handed over leadership and direction of the interim Global Legal Entity Identifier System – or GLEIS – to the Regulatory Oversight Committee (ROC) of the LEI the entity identifier is being used for reporting under European Market Infrastructure Regulation. This report discusses recent developments in the...