Deutsche WertpapierService Bank AG (dwpbank) is extending its partnership with SIX Financial Information, which dates back to the bank’s founding year in 1988. dwpbank is utilizing SIX’s market prices and valuation prices for its securities processing and custodian banking solution.
The financial services provider SIX Financial Information has been providing market data to Deutsche WertpapierService Bank AG (dwpbank) and its predecessor institutions since 1988. As a long-standing partner, SIX has delivered on dwpbank’s project requirements and has implemented client specific interfaces and processes. In addition to price data for the WP2 processing system, SIX has also been supplying price data for the price control and market conformity check services within the WPAC custodian banking service since 2011.
With the signing of another five-year contract, both companies look forward to continuing the successful partnership. dwpbank is particularly impressed by SIX’s high-quality market data offering and global coverage of financial instruments as well as valuing the professional cooperation and rapid implementation processes.
“SIX Financial Information has been on our side as a competent, reliable partner for many years. Accurate interpretation of data and information, a common understanding of processes, procedures and requirements as well as well-functioning teams on both sides have contributed to the success of our projects,” says Dr. Christian Tonnesen, Member of the Board and responsible for Sales and Securities Services at dwpbank.