Saxo Bank

Despite its relatively low brand recognition in the Nordics, SIX Telekurs has begun to establish itself in this region over the past year. This is due to SIX Telekurs’ recent acquisition of SIX AB, a leading financial data provider in the Nordics, which provides financial market information, news and trading solutions for the Scandinavian capital markets. 

Having reviewed VDF in detail, Saxo Bank was impressed by the broad geographic coverage of the database, as well as by the depth of very specific local financial information that the database offered. Saxo concluded that SIX Telekurs offered a convincing balance of global and local information in just one product, namely VDF.

Another key reason for Saxo choosing VDF, was the increased efficiency the product would offer the bank. Not only would it improve procedures regarding timeliness and accuracy as it would reduce the amount of manual input needed, in the long-term the bank would also enjoy significant cost efficiencies. The data offering the VDF would provide to the bank, would complement their existing data sources very well.