SIX and Prometeia Team Up: SIX, the Swiss financial data vendor, joins forces with Prometeia, a global provider of advanced analytics, software solutions and consulting services, to offer a risk indicator that aims at complementing existing… prometeia
SIX, the Swiss financial data vendor, joins forces with Prometeia, a global provider of advanced analytics, software solutions and consulting services, to offer a risk indicator that aims at complementing existing regulatory risk ratings for all asset classes.
Prometeia and SIX have entered into a long-term collaboration that involves Prometeia providing SIX the calculation capabilities for a product risk indicator for securities that do not fall into the scope of PRIIPs regulation, according to a media release. The PRI is a summary risk indicator that combines market and credit risk in a unique 1-to-7 scale number and is complementary and comparable to the Summary Risk Indicator required by the PRIIPs Regulation for products currently in scope and UCITS funds in a very near future.
With the SRI, wealth managers and financial advisors can already compare investment funds, structured products, warrants and complex debts. With the PRI, based on the same methodology prescribed by the PRIIPs Regulation, it is now possible to add equities, non-complex debts, futures and options to the list.The PRI integrates and complements the provisioning and redistribution by SIX of risk metrics to its final Clients, enabling enhanced advisory and suitability assessments.
«With our PRI, our clients in the advisory sphere can now compare instruments that were initially not comparable and therefore support their own clients in making really informed investment decisions,» Ralf Rühling, Senior Product Manager, Financial Information, SIX, added.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Der Swiss Cheese Award geht an die Alp Ramin - bauernzeitung.chGlarner Alpkäse AOP - Der Swiss Cheese Award geht an die Alp Ramin: Die Alp Ramin erstreckt sich bis gegen 2220 m ü. M hinauf zum Foopass. Die Auszeichnung für den besten Glarner Alpkäse AOP nahm Ruth Marti im Käsekeller der Glarona entgegennimmt.
Read more »
Fayes erfolgreiche Titelverteidigung - Schweizer BauerBrown Swiss und Jersey: Cutting Edge Thunder Faye von Ken Main und Kenny Joe Manion konnte den Grand-Champion-Titel in Madison (USA) verteidigen. Bei den Jerseys gewann Rivendale VIP Eloise den Grand-Champion-Titel. Richter bei der Rasse Brown Swiss Tiere an der World Dairy Expo in Madison (USA) war Gerrit DeBruin und Hilfsrichter Hayden Hauschildt aus Wisconsin. […]
Read more »
Bauer und bester Berufsmann – Er ist der Schweizer Meister aller Schweizer MeisterErst hätte er die Swiss Skills beinahe verpasst, dann hat er sie besser als alle anderen abgeschlossen: Landwirt Matthias Bauman aus Melchnau ist der Beste der Besten. (Abo)
Read more »
Kreuzband-Schock im Schweizer Ski-TeamHiobsbotschaft bei Swiss-Ski: Jasmina Suter (26) erleidet im Training eine schlimme Knieverletzung. Frauen-Cheftrainer Beat Tschuor sagt: «Es ist einfach blöd gelaufen.»
Read more »