CONNEXOR goes PRIIP. Markus Gutzwiller Zürich, 18. September 2014

Transcription

1 CONNEXOR goes PRIIP Markus Gutzwiller Zürich, 18. September 2014

2 Agenda How does Connexor work? CONNEXOR Services relevant for automated document creation Classification of Structured Products XML Component and Structure 2

3 CONNEXOR enables straight-through processing via electronic data communication and a common language Other vendors Benefits for market participants: Companies Banks / issuers Other exchanges (incl. regulatory bodies) High level automation Lowest susceptibility to mistakes, validated data Uniform standard No need to adjust and align the data Lower operational risks Reduced liability risk "All from one source" Increased transparency Global access, global distribution Other C&S/CSDs 3

4 Various CONNEXOR services ensure reference data processing efficiency during the whole life-cycle of a financial instrument CONNEXOR Numbering CONNEXOR Listing CONNEXOR Distribution CONNEXOR Reporting CONNEXOR Events CONNEXOR Terms 4

5 CONNEXOR Listing CONNEXOR Listing centralizes, simplifies and accelerates the process of provisional admission to trading of financial instruments. 5

6 CONNEXOR Events (reporting for structured products at SSX) Events CONNEXOR Events allows an issuer to easily report on a structured product event and to automatically trigger the required Official Notices for SIX Swiss Exchange A trader is no longer required to trigger the delisting via phone 6

7 XML Components and Structure <AdminData> administrative data for the upload of an xml term sheet into CONNEXOR environment <Event> defines the business event that lead to the term sheet upload (e.g. new issue, data correction) <Contacts> information on different contact persons for a given xml term sheet data set <ServiceData> necessary information for a service request and data needed by SIX Swiss Exchange, SIX Exchange Regulation and SIX SIS <Instrument> all basic information and relevant terms for any financial instrument in the IBT environment <InstrumentClassifications> classification of an instrument (e.g. Eusipa, Bloomberg) <IncomeData> general income information for products with coupons <ExerciseData> exercise related information for warrants <CHTaxData> tax relevant information for Switzerland <EUTaxData> tax relevant information for EU <USTaxData> tax relevant information for USA <FeeData> management fee information for the product <InstrumentId> identification symbols assigned by a national or international numbering agency (e.g. ISIN) <Underlyings> information about related underlyings (e.g. currency, asset class, exchange code, identifier) <Payments> cash flow related information over the life time of a product <TradingVenues> trading related information (exchange, first / last trading date) <Parties> all parties involved in the product (e.g. issuer, paying agent, market maker, clearing) <TransactionRestrictions> restrictions based on geographical area and / or investor category 7

8 CONNEXOR enables straight-through processing via electronic data communication and a common language Other vendors Benefits for market participants: Companies Banks / issuers Other exchanges (incl. regulatory bodies) High level automation Lowest susceptibility to mistakes, validated data Uniform standard No need to adjust and align the data Lower operational risks Reduced liability risk "All from one source" Increased transparency Global access, global distribution Other C&S/CSDs 8

9 From Issuer to Advisor / Customer Issuer Reference- Data Connexor Up to date Ref-Data User-, Access and Logging-DB Terms of a Financial Instrument Event- Data Advisor / Customer Marketdata (Product and Underlyers Market- Data PRIP Portal PIB, PRIP, KIID etc Corp. Actions etc. 9

10 CONNEXOR Basis for PRIIP s With Connexor, Product Reference Data is of very high quality and up to date: product events included Connexor is all electronic and easy to process SIX Financial Information covers Market Data as well as Corporate Actions Listed or OTC Products are supported Highly scalable with many international issuers and data users The Set-up is already live for PIB s 10

11 Thank you for your attention. Markus Gutzwiller Zürich, 18. September 2014