SIX Telekurs strengthens its data production centers in Poland and India
SIX Telekurs has performed well with respect to its global manual data production. As part of its strategy and ongoing efforts to remain a high-quality and efficient data provider, it will place more emphasis on its existing data production centers in Poland and India, which are operated by Capgemini. In the last few years, these data production centers have grown successfully. SIX Telekurs recently renewed and enhanced its outsourcing contract with Capgemini for these centers, which will ensure a long-term partnership and puts even more focus on quality, efficiency and continuous process improvements.
As a consequence, SIX Telekurs will shift additional manual data input from five in-house locations to Poland and India. The affected locations are Belgium, Luxemburg, Switzerland, the United Kingdom and the United States.
This decision taken by SIX Telekurs will cause redundancies in early 2012. Globally, around 70 positions will be affected, of which around 25 positions are at the company's headquarters in Switzerland. These measures aim at maintaining SIX Telekurs' strong position in an increasingly competitive market, where many competitors have already centralized such functions in low cost countries.
About SIX Group AG
As a leader in its field, SIX Telekurs specializes in the procurement, processing and distribution of international financial information. Financial market specialists at SIX Telekurs gather information from all the world's major trading venues - directly and in real-time. The SIX Telekurs database with its structured and encoded securities administration data for more than 8 million financial instruments is unique in terms of its depth of information and data coverage. With offices in 23 countries, SIX Telekurs combines the advantages of global presence and local know-how.
SIX Telekurs is a SIX Group company. On a global scale, SIX Group offers first-rate services in the areas of securities trading, clearing and settlement, as well as financial market information and payment transactions.