The collaboration combines the industry-leading data from SIX with STP’s flagship PMplus®, a cloud native portfolio management system. The provision of valuation pricing and corporate actions data from SIX, a single trusted provider, drastically prevents the risk of data error.

In turn, BEA Union Investment’s retail, private and institutional clients are able to harness the benefits of a fully automated platform that helps reduce costs while increasing transparency, accuracy and efficiency.

Neil Thomas, Head Sales APAC, Financial Information, SIX, added: “We are pleased to expand our footprint in a key regional growth area for SIX. Combining our market-leading data with STP’s flagship PMplus® platform allows BEA Union Investment to focus on providing its clients with the best service possible. Our collaboration with STP can be rolled out further to bring the benefits of superior reference data and state of the art technology to portfolio managers globally.”

Eleanor Wan, CEO, BEA Union Investment, commented: “This partnership between SIX and STP is of great significance to us and our clients. Working with a reliable data partner like SIX prevents risks of data error while STP’s PMplus® allows us to benefit from automated aggregation, reconciliation, and reporting in a heavily regulated environment. We can further focus on providing our clients with what they value most - consistent record of superior risk-adjusted returns under varying economic conditions.”

Jesper Steiness, Head of Business Development, SuisseTechPartners, also added: “In SIX we have found a trusted partner. The data from SIX enhances our fully cloud native end-to-end solution providing a cost-effective and highly adaptable system that alleviates operational burdens. By automating much of the operational processes of portfolio managers, BEA Union Investment is able to stay agile and client-centric. ”

About SIX
SIX operates and develops infrastructure services in the Securities & Exchanges, Banking Services and Financial Information business units with the aim of raising efficiency, quality and innovative capacity across the entire value chain of the Swiss financial center. The company is owned by its users (127 banks). With a workforce of some 2,600 employees and a presence in 20 countries, it generated operating income in excess of CHF 1.9 billion and Group net profit of CHF 221.3 million in 2018.

About BEA Union Investment
BEA Union Investment Management Limited (“BEA Union Investment”) is a joint venture formed in 2007 between The Bank of East Asia, Limited of Hong Kong (“BEA”) and Union Asset Management Holding AG of Germany (“Union Investment”). BEA Union Investment offers comprehensive investment solutions to retail, institutional and pension clients. As of 30 September 2020, it holds assets under management and advisory of approximately US$12 billion.  As a Hong Kong-based asset management company specialising in Asian equities and fixed income, BEA Union Investment is committed to delivering quality investment solutions and client services.

About STP
SuisseTechPartners is an independent financial technology firm with offices in Luxembourg, Geneva, Bangalore, Hanoi, Singapore and Hong Kong. STP has developed the flexible, innovative, cloud native PMplus® portfolio management solution, using the very latest and proven technologies in the market. PMplus® supports business requirements of asset managers, wealth managers and asset services internationally.