SIX has launched the SIX Bulk API, a high-speed data solution aimed at improving how financial institutions manage and integrate large datasets. The API provides access to corporate actions, equity and fixed income reference data, and end-of-day market data, shares SIX in a press release.
According to SIX, the new API significantly reduces the time needed to load and update security master files, cutting processing times from hours to minutes. The system is designed to handle millions of instruments efficiently, making it relevant for trading, banking, risk management, and compliance functions.
Unlike standard file transfer methods, the SIX Bulk API uses a request/response model with JSON formatting, allowing direct integration with Python and Java applications. This eliminates the need for FTP downloads, potentially streamlining data delivery and reducing delays.
ISO 15022
SIX states that the API is compatible with the ISO 15022 format, making it suitable for pre- and post-trade processing platforms. The company positions it as a tool for improving access to corporate actions data.
