SIX Acquires Swiss Fund Data to Strengthen Market Leadership and Enhance Transparency in Swiss Fund Data Services
(IN BRIEF) SIX has acquired Swiss Fund Data (SFD), enhancing its role as the leading provider of fund data in Switzerland. SFD, known for offering comprehensive data on Swiss-registered funds, will continue to provide critical services to the Swiss financial market. The acquisition strengthens SIX’s commitment to transparency and reliable data, particularly in asset management and the investor community. Marion Leslie from SIX and Adrian Schatzmann from AMAS emphasized the importance of the acquisition in furthering high-quality data services and collaboration within the Swiss fund market.
(PRESS RELEASE) ZURICH, 18-Jan-2025 — /EuropaWire/ — SIX, the leading provider of fund data in Switzerland, has announced its acquisition of Swiss Fund Data (SFD), solidifying its position in the Swiss fund market. This strategic move will ensure that both domestic and foreign fund markets continue to benefit from transparent, reliable, and consistent data.
SFD, a key player in the Swiss fund ecosystem, is known for providing comprehensive data on Swiss-registered funds, including reference data, pricing, corporate actions, legal announcements, and documents. Its centralized data delivery platform supports fund providers in meeting their legal publication obligations efficiently. In addition to its dominance in the local retail funds market, SFD also covers real estate and voluntary pension planning funds (pillar 3 funds), making it a central hub for Swiss fund data and statistics that promotes market transparency.
Marion Leslie, Head of Financial Information and a member of the Executive Board at SIX, commented, “As Switzerland’s leading fund data provider, we’re always looking for ways to enhance our services for clients. Swiss Fund Data AG plays a crucial role in the Swiss fund sector. This acquisition strengthens our commitment to the Swiss financial marketplace, particularly within asset management and the investor community.”
By acquiring the shares previously held by the Asset Management Association Switzerland (AMAS), SIX is now the sole shareholder of SFD. The deal, finalized on January 16, further cements SIX’s dominance in the market.
Adrian Schatzmann, CEO of AMAS and Chairman of the Board of SFD, highlighted the importance of the acquisition, saying, “Access to reliable and transparent data is critical for our industry. This transaction and the collaboration with SIX present a valuable opportunity for our clients, who will benefit from SIX’s vast resources and advanced technology. With the change in ownership, Swiss Fund Data will continue to provide high-quality data services to its clients and members of the Asset Management Association of Switzerland.”
About SIX
SIX provides and operates stable and efficient infrastructure for the Swiss and Spanish financial centers, thus ensuring access to the capital markets and the flow of information and money between financial market players. As a global provider of financial information, SIX delivers high-quality reference, pricing, corporate actions, and ESG data and provides regulatory services and indices to clients around the world. The company is owned by its users (more than 120 banks) with a workforce of 4,160 employees and a presence in 19 countries.
www.six-group.com
About AMAS
The Asset Management Association Switzerland is the representative association of the Swiss asset management industry. It aims to strengthen Switzerland’s position as a leading center for asset management with high standards of quality, performance, and sustainability. To this end, it supports its members in developing the Swiss asset management industry and adding value for investors over the long term. The Asset Management Association Switzerland is an active member of the European Fund and Asset Management Association (EFAMA) and the International Investment Funds Association (IIFA). Founded in Basel in 1992, the Asset Management Association Switzerland currently has almost 200 members.
www.am-switzerland.ch
———-
First published in this link of EuropaWIRE.
