SIX and FINBOURNE enable Omba to streamline operations with cloud-based data solution

LONDON, 15 October, 2024 – FINBOURNE Technology, the architects of an interconnected network of functionality and data that enables the investment community to better serve clients in a constantly evolving market, and SIX, the infrastructure provider for the Swiss and Spanish capital markets, today share a recent collaboration to streamline and optimise the processes of financial market practitioners, as evidenced by the case of Omba Advisory & Investments.

SIX and FINBOURNE, who have partnered on data delivery and integration since December 2022, empowered Omba with a cloud-based solution that enables secure and clean ingestion of SIX data plus flexibility and scalability for end users. The solution from SIX and FINBOURNE delivers the best outcomes for Omba, who require a combination of near real-time API-sourced data and end-of-day pricing to best serve their clients.

FINBOURNE serves as the conduit between SIX and Omba:

Omba uses SIX data to efficiently manage a number of critical processes: valuations and reporting, and close-of-day market data from multiple global exchanges for valuation, reporting, and performance calculations. Intraday market and pricing data from SIX is used for portfolio analysis and rebalancing activities, and SIX Corporate Action Data is used to support research, valuation, and shadow IBOR functions.

FINBOURNE’s EDM+ data management solution enables Omba to transform SIX data into actionable information for clients, counterparties, and internal teams across the front, middle and back office. Customisable data visualisations and dashboards enhance financial literacy to drive better, faster investment decisions.

Thomas McHugh, CEO and Co-Founder, FINBOURNE commented:

Our partnership with SIX underpins the power of our technology in enabling organisations like Omba to work more efficiently and ignite the power of data. This results in faster, more effective data-driven choices, and removes the complexity from financial decision-making.

Tamsin Hobley, Head of Strategic Alliances, Financial Information at SIX, added:

At SIX, we drive the competitiveness of our customers and optimise international financial markets through superior service and innovation. Our partnership with FINBOURNE – and success that it facilitated for Omba – does just that. We’re proud to deliver data of the highest quality via innovative tech partnerships, and in doing so steward the goals of our clients.

David Pierson, Director, Omba Advisory & Investments said:

The integration of FINBOURNE technology with SIX data plays a critical role in our enterprise architecture. Our portfolio management and operations teams now have seamless access to accurate pricing and reference data, enabling them to quickly adapt to changing market conditions while managing clients’ portfolios.

About FINBOURNE Technology

FINBOURNE’s solutions deliver an interconnected network of functionality and data that enables the investment community to better serve clients in a constantly evolving market.

Its investment management solutions and cloud-native data management platform ensure that investment and operations teams can increase revenue, reduce costs, and better manage risk across the investment life cycle.

With operations in North America, the UK and Europe, Asia and Australia, FINBOURNE is trusted by some of the world’s leading financial services firms, including Fidelity International, London Stock Exchange Group, Baillie Gifford and Northern Trust.
For more information on FINBOURNE Technology visit www.finbourne.com or contact sales@finbourne.com.

About SIX

SIX provides and operates stable and efficient infrastructure for the Swiss and Spanish financial centres, thus ensuring access to the capital markets and the flow of information and money between financial market players. As a global provider of financial information, SIX delivers high-quality reference, pricing, corporate actions, and ESG data and provides regulatory services and indices to clients around the world. The company is owned by its users (more than 120 banks) with a workforce of 4,160 employees and a presence in 19 countries. www.six-group.com

About Omba Advisory & Investments

Founded in 2017, OMBA offers wealth, asset management, and advisory services for family offices, high-net worth clients, and independent financial advisors. Specialising in exchange-traded funds (ETFs), OMBA builds and manages globally diverse, low-cost portfolios of ETFs, which are robustly managed through a transparent process to deliver value to investors. One of OMBA’s core principles is to “Embrace Technology” and since its inception OMBA has understood the need to ensure operational efficiency to deliver maximum value to clients.

Media Contacts:

Laura Morrison

Aspectus Group, finbourne@aspectusgroup.com