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

Siebert Financial Corp. teams up with InvestCloud to lead digital transformation

Siebert, a leading national broker-dealer and provider of financial services, has appointed InvestCloud to design and implement its complete digital transformation.

Read more »

3K Investment Partners selected Axia to advance its Fund & Asset Management operations

Profile Software, a leading financial solutions provider, announced today that 3K Investment Partners, a Mutual Funds... Read more »

Koine signs international Joint Venture to deliver post-trade solutions to traditional exchanges and digital securities trading venues

Koine, the provider of segregated, institutional custody and settlement services for digital assets, has announced a joint... Read more »

Colt delivers best-in-market latencies on critical European PrizmNet routes and next-generation Arista 7130 ultra-low-latency switches

Colt Technology Services, a leading provider of agile, high-bandwidth connectivity solutions, today announced further... Read more »

Capital Platform Launch new and improved Investment Platform for High Net Worth & Sophisticated Investors

In the current climate with many working from home, Investors across the UK and Globally have their own investment needs. These needs are best met by products and services... Read more »

SimCorp builds on the ground presence in South Africa

SimCorp, a leading provider of investment management solutions and services to the global financial services industry, today announces its entry into the South African market,... 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