SIX and Eagle Investment Systems Expand Alliance to Include Global Sanctions Data

SIX and Eagle Investment Systems Expand Alliance to Include Global Sanctions Data
30.04.2019 02:28 pm

SIX and Eagle Investment Systems Expand Alliance to Include Global Sanctions Data

Investment Management , Risk Management , Compliance

Eagle clients can now source sanctions data directly from SIX for use within Eagle solutions. The alliance will help to streamline efforts by clients to source, validate, and align sanctions data with existing portfolio data, helping firms minimize the risk of reputational damage and fines that can result from dealing with sanctioned entities.

“Alliances, such as SIX, are critical to our mission of bringing services and capabilities that, when combined with Eagle, can bring a greater solution to our clients,” said Joel Kornblum, Head of Strategic Alliances at Eagle Investment Systems. “SIX is an award winning provider of global sanctions and watchlist data; sourcing this data can help our clients to manage portfolio risk more effectively.”

“Effective sanctions compliance depends on accurate identification of in-scope entities and their issued securities, which are very complex and constantly changing,” said John Mc Manus, Head of Sales Americas, Financial Information, SIX. “Expanding our relationship with Eagle Investment Systems delivers a data solution that empowers their clients to adapt quickly to regulatory demands and sanctions activity, helping them to trade with confidence as a result.”

The Sanctioned Securities Monitoring Service from SIX provides a list of related entities and issued securities of “watched” individuals or organizations who have been sanctioned by regulators or government bodies. The service identifies the regimes under which each is sanctioned, drawing from various international regulatory bodies, including those of the European Union, Hong Kong, United Kingdom and United States, as well as the United Nations. SIX monitors 6.7 million active instruments and over 26,000 changes a week (such as regulator updates and shareholder changes), making it one of the most comprehensive sanctions and watchlist checks in the market.

Related News

IHS Markit Launches Event Management Tools to Investor Relations Solution

IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, today announced the... Read more »

Profile Software:Gold Sponsors at FinanceMalta’s 12th Annual Conference 2019

Profile Software, an international financial solutions provider, announced today its support to the FinanceMalta’s 12th Annual Conference 2019 taking place on 5-6 June at the... Read more »

Autologyx has Raised £1M of Funding

Today autologyx announces it has raised an additional £1 million to rapidly expand its foothold in legal, RPO and... Read more »

OBJECTWAY Ranks First in the IBS Global Sales League Table 2019

Objectway, a leader in the Digital Wealth, Investment & Asset Management sector, has ranked first in the IBS Global Sales League Table 2019 in the Private Banking Systems... Read more »

SEDCO Capital's Islamic investment strategy is basis for CFA Institute partnership

SEDCO Capital, a leading global asset manager, has partnered with the CFA Institute to provide a best-practice case study on its fully Shariah-compliant Prudent Ethical... Read more »

BANKEX, Fusion Foundation to Provide Digital Funding Platform for SMEs

... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel