SIX Fully Acquires Swiss Fund Data AG

SIX has announced its acquisition of Swiss Fund Data AG (SFD) in a move that consolidates SIX’s position as a leading source of fund data in the country and further supports its commitment to transparency and reliability in the Swiss fund market.

The acquisition alights with the broader industry trend of enhancing data-driven decision-making and ensuring compliance with stringent regulatory requirements. 

Retail funds, covering real estate and voluntary pension planning funds

Swiss Fund Data AG has played a central role in the financial ecosystem by providing a comprehensive database of Swiss-registered funds. Its offerings include reference data, pricing information, legal announcements, and other essential documents for fund providers and investors. The company’s expertise extends beyond retail funds, covering real estate and voluntary pension planning funds, commonly referred to as pillar 3 funds.

The acquisition includes all shares of SFD previously held by the Asset Management Association Switzerland (AMAS), making SIX the sole shareholder. This transition represents a significant step in aligning resources and technology to deliver more effective services for clients and members of the financial community.

The integration of SFD’s operations into SIX’s existing infrastructure is expected to enhance the availability and quality of financial data for stakeholders. This includes improved access to legal documentation, corporate actions, and market announcements. By centralizing these resources, SIX aims to simplify compliance processes for fund providers, enabling them to meet their legal obligations more efficiently.

SIX reinforces position in asset management

Marion Leslie, head of financial information and member of the executive board at SIX, said: “As the number one Swiss fund data provider, we continuously strive to further enhance our funds proposition for our clients. Swiss Fund Data AG is at the regulatory heart of the Swiss fund ecosystem. With this strategic acquisition, SIX reinforces its commitment to the Swiss financial marketplace, particularly the asset management and investor community.”

Adrian Schatzmann, CEO of AMAS and chairman of the board at SFD, commented: “Reliable and transparent data on the Swiss fund market is vital to our industry. I believe the transaction and ongoing collaboration with SIX is a compelling proposition for our clients, who will benefit from the broad resources and leading technology at SIX. With the change of ownership, Swiss Fund Data, as an industry-leading fund platform, will continue to deliver top-quality data services to its clients and members of the Asset Management Association of Switzerland.”