Cadis hosts SIX Telekurs data

London and New York - 13 October 2010

SaaS model enables clients to consume EDIFACT data in any file format within hours

Cadis, the global EDM specialist, today announced the availability of a Cadis hosted version of SIX Telekurs' main product, the Valordata Feed (VDF). The Cadis SaaS version will enable SIX Telekurs clients to consume all VDF data in any file format, at any latency within hours.

Daniel Simpson, CEO of Cadis said: “Our hosted version of SIX Telekurs’ VDF will enable institutions to consume data within a few hours of installation. The availability of such hosted data feeds, which have already been pushed through a comprehensive EDM platform, is the next obvious step in the goal of standardising as much of the data management process as possible. This enables in-house skills to be directed to value added aspects of data management.”

One of the most comprehensive data ranges in the world, VDF is a source for reference and descriptive data plus corporate actions. The Cadis SaaS adaptor will enable clients to maximise the value of the data and integrate it seamlessly into their accounting, OMS, EMS, compliance, risk, performance and reporting applications.

The SIX Telekurs database covers over 6.2 million financial instruments, drawing on over 850 trading venues and contributors. Events and data can be traced back up to ten years.

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