SIX Expands Data Services Access via Leading Cloud Providers with Megaport Collaboration

SIX Expands Data Services Access via Leading Cloud Providers with Megaport Collaboration

(IN BRIEF) SIX, a global financial information provider, has partnered with Network as a Service provider Megaport to offer customers seamless private access to its data services through major public cloud providers. This service, known as SIX Connect, enables clients to securely and rapidly connect to SIX’s suite of data services, including streaming, web, and file-based data, across more than 100 cloud regions and hundreds of data centers in North America, Europe, and Asia Pacific. SIX Connect allows clients to access financial information without needing to re-engineer their technology stacks and supports cloud providers like AWS, Microsoft Azure, Google Cloud, and Oracle Cloud. This expansion aims to meet the growing demand for cloud-based market data delivery within the financial industry, providing flexible connectivity options for users.

(PRESS RELEASE) ZÜRICH, 13-Oct-2023 — /EuropaWire/ — SIX, the global financial information provider, is leveraging leading Network as a Service provider Megaport to provide customers seamless private access to its data services via any major public cloud provider. The service is available as of today and covers more than 100 cloud regions as well as hundreds of data centers across North America, Europe and Asia Pacific.

The expanded connectivity offering – SIX Connect – is part of a wider strategy to deliver clients unrivaled flexibility with regards to data access. It provides SIX customers with secure, rapid connectivity to its entire suite of data services via the cloud or physical data centers. This includes SIX streaming, web, and file-based data services, used by many leading buy and sell-side institutions globally.

Benefitting from Megaport’s global network and technology, SIX can enable private cloud access to all customers irrespective of cloud provider preference. This includes AWS, Microsoft Azure, Google Cloud and Oracle Cloud, among others. In this way, SIX provides a significant extension of its client-facing market data network infrastructure without the need for clients to re-engineer existing technology stacks. It also expands the connectivity options available for users from any public cloud environment.

Commenting on the launch, Henk D’Hoore, global head of product development, Financial Information, SIX, said: “This represents a leap forward, not just for SIX but for the entire financial community we serve. Customers continue to explore and adopt cloud to accelerate development cycles and optimize workflows. They prefer to partner with an information provider who can offer seamless and instant access to financial information, irrespective of their choice of cloud provider or region.”

“According to a recent market data survey SIX conducted with Coalition Greenwich, 64% of respondents cited that cloud will emerge as the dominant market data delivery method over the next three to five years. However, the industry currently stands at a mere 30% cloud adoption rate. With limited cost-effective connectivity options previously standing in the way for market participants, SIX Connect opens the gate for new users, who gain quick access to SIX data services via all the major cloud providers.”

Mylene Dupaya, Head of Marketing and Product at Megaport, commented: “We’re excited to be announcing our partnership with SIX for the launch of SIX Connect, which will give customers access to Megaport’s global private network backbone and to expand their connectivity options.”

Further information about SIX Connect.

SIX
SIX operates and develops infrastructure services for the Swiss and Spanish Stock Exchanges, for Post-Trade Services, Banking Services and Financial Information with the aim of raising efficiency, quality and innovative capacity across the entire value chain of the Swiss and Spanish financial centers. The company is owned by its users (120 banks). With a workforce of 4,044 employees and a presence in 20 countries, it generated operating income of CHF 1.5 billion and Group net profit of CHF 185.0 million in 2022.
www.six-group.com

Megaport
Megaport is a leading provider of Network as a Service (NaaS) solutions. The company’s global Software Defined Network (SDN) helps businesses rapidly connect their network to services via an easy-to-use portal or our open API. Megaport offers agile networking capabilities that reduce operating costs and increase speed to market compared to traditional networking solutions. Megaport partners with the world’s top cloud service providers, including AWS, Microsoft Azure, and Google Cloud, as well as the largest data center operators, systems integrators, and managed service providers in the world. Megaport is an ISO/IEC 27001-certified company.
www.megaport.com

Media Contact:

Julian Chan
Deputy Head Media Relations
+41 58 399 2508

SOURCE: SIX