In order to help our clients stay competitive and compliant, SIX Telekurs continually works to enhance its financial data offering. This addition of the fund holdings information from Morningstar is one significant example. Morningstar has collected fund composition data for over 20 years, and today relies on its global staff of over 600 dedicated data analysts and developers to compile holdings for nearly 250,000 mutual funds domiciled in over 80 countries.
âWith this data, customers can drill down to the component level of a fund. This allows them to understand their real exposures regarding a particular company, industry sector, region, rating or asset category and thereby take any necessary measuresâ, says Mirko Silvestri, Head of Product Management for SIX Telekurs. âWhen rich holdings data, such as that which is delivered by Morningstar, is coded and integrated into our structured and linked database, customers have an amazingly robust framework with which to analyze and manage their fund positionsâ.
âWe are pleased to have our fund holdings available on SIX Telekursâ Valordata Feed, as the structure of this service further enriches the utility of our dataâ, said Jimmy Mohns, European Product Manager for Morningstarâs Datafeed Business. âAs the regulatory environment tightens and institutions look more closely at their overall risks, this combination of data and technology will prove very valuable to our global customers. By aligning our efforts we will be able to provide a powerful offering to the market. Moreover, by utilizing our global coverage of underlying fund holdings and by marrying that information with SIX Telekursâ global distribution network, we expanded our reach considerably. This project has been a huge success, and we are looking forward to future collaborations between Morningstar and SIX Telekurs.â