SIX Secures Seven-Year Data Partnership with Barclays to Drive Financial Innovation

SIX, a leading global financial data provider, has entered a strategic seven-year partnership with Barclays to enhance the bank's international growth and operational efficiency. The collaboration grants Barclays access to SIX's comprehensive suite of financial data products, spanning investment banking, retail services, and wealth management.

Barclays will actively contribute to SIX's product development, focusing on innovative data solutions and analytics. This aligns with Barclays' broader cost-cutting strategy, aiming to reduce expenses by £2 billion by 2026. SIX's real-time market data and regulatory tools are expected to play a pivotal role in achieving these goals.

The partnership also strengthens SIX's foothold in key markets like the US and Asia, leveraging Barclays' established presence in these regions. The deal follows recent strategic moves by both institutions to streamline operations and expand their global influence.