The CEO of the Swiss stock exchange feels confident about challenging Bloomberg and Refinitiv in the financial data space.
There is growing demand across the globe for stronger and better alternatives to Bloomberg and Refinitiv, Six Group CEO Jos Dijsselhof said in a «Financial News» interview.
Boosting its 110-manned workforce in the U.K., a market it aims to grow in, will support the stock market operator in its push into the data space, he added.
Six Group already works with UK wealth managers «who are very interested in data and some of our capabilities,» including reference and other data within the middle and back office, he said.
Negligible Russia Impact
In Russia, Dijsselhof said the Groups’ exposure is limited to certain structured products, bonds and equities, adding that structured products have been suspended. However, SIX is still working through the bonds, many of which have their primary listing on other European venues.
Post-Brexit business between the UK and Switzerland might «actually probably be easier,» Dijsselhof said, noting the two countries are in a similar situation in regard to how «the EU seems to be wanting to protect or even enhance the EU businesses to the disadvantage of third countries like the UK and Switzerland.»
