Corporation Choose Corvil Analytics for Data Analysis Solutions
SIX Expands Partnership with Pico to Enhance Financial Data Services
SIX, the Swiss exchange and financial infrastructure provider, is expanding its adoption of Pico's Corvil Analytics for its financial information business. This move aims to bolster real-time data monitoring and operational efficiency.
Corvil Analytics, a best-in-class technology solution provided by Pico, is renowned for its ability to monitor extremely high volumes of incoming low-latency price data from numerous market participants in real time. It ensures the speed and integrity of high-volume inbound data flows without any data loss or performance degradation.
The collaboration with Pico enables operational efficiency enhancements and real-time monitoring capabilities for SIX. Corvil Analytics detects incomplete, delayed, or capacity-breaching data flows, providing alerts that help SIX quickly resolve issues. This results in improved reliability and responsiveness of its financial data services.
Henk D'Hoore, Head of Product Development, Financial Information at SIX, stated that the partnership is part of SIX's market data growth strategy to leverage best-in-class technology partnerships.
Pico, a global provider of technology services, software, data, and analytics for financial markets, is trusted by the world's most sophisticated market participants, according to Stacie Swanstrom, Chief Product Officer at Pico. The expansion of Pico's work with SIX is a testament to this reputation.
Stacie Swanstrom's statement suggests that the expansion is strategic and valuable, underscoring Pico's position as a trusted partner in global financial markets. The collaboration aims to improve SIX's real-time services and response times to clients, providing improved data transparency and optimizing low-latency data delivery.
This integration aligns with SIX’s strategy to grow its market data capabilities through cutting-edge technology collaboration, enhancing operational performance and customer experience. Prior to this expansion, SIX was using Corvil Analytics in its exchange business.
In summary, the partnership between SIX and Pico is a significant step towards enhancing the reliability and efficiency of financial data services. By leveraging Pico's Corvil Analytics, SIX aims to maintain data integrity, respond swiftly to client needs, and provide optimal low-latency data delivery.
- SIX's adoption of Pico's Corvil Analytics in its financial information business is a strategic move to enhance operational efficiency and bolster real-time data monitoring, as Pico's technology is renowned for its ability to handle high volumes of low-latency data from multiple market participants.
- The collaboration between SIX and Pico not only aims to improve the real-time services and response times to clients but also serves to optimize low-latency data delivery, providing improved data transparency and aiding SIX in maintaining data integrity and responding swiftly to client needs.
