SIX and Avaloq Introduce Independent Valuation Service for Financial Instruments

​SIX, in collaboration with Avaloq, has launched a pioneering Independent Valuation Service designed to meet the growing demand for transparent and reliable product valuations in international financial markets. This initiative, developed as part of the CONNEXOR API, aims to streamline client reporting, risk management, and compliance processes by providing accurate end-of-day valuations for non-listed structured products.

The service addresses critical needs for asset and risk managers, custodians, and financial institutions, offering simplified access to independent valuation data sourced from trusted and unified data streams. Francesco Marcon Fiastri, Head of Sales for Structured Products & CONNEXOR at SIX, highlighted the service's capability to integrate various pricing engines and real-time data analysis, ensuring comprehensive coverage and cost transparency across global markets.

"The launch of this service marks another important milestone for our CONNEXOR offering, a comprehensive solution around financial products data," Fiastri said.

Andreas Diener, Head of Business Strategy and Offering Wealth Products at Avaloq, underscored the collaboration's significance in driving financial industry innovation.

"Our partnership with SIX to develop the Independent Valuation Service demonstrates our commitment to providing cutting-edge solutions that simplify investment processes and enhance decision-making capabilities for our clients," he added.