CONNEXOR

The Bondfloor Automation Service streamlines tax data reporting for issuers by seamlessly integrating CONNEXOR IBT with SIX Financial Information’s Bondfloor Pricing Tool. This fully automated solution ensures faster data availability for tax authorities and buy-side customers, reduces operational costs, and minimizes risk through automation. With daily reports providing up-to-date tax status, issuers benefit from a simplified, efficient, and reliable reporting process, while reducing manual reporting efforts.

CONNEXOR allows issuers to submit product reference data using standardized XML data schemas. For added convenience, Excel and CSV files can be easily converted to the IBT (XML) format using the CONNEXOR Converter, without the need to create the XML files in-house or enter data manually into the IBT Editor.

CONNEXOR can provide a standard IBT XML template for each IBT Type Code (product type) free of charge on request. If additional templates are needed for the same product type, we offer a custom XML template service based on the instrument’s term sheet against fee. 

This functionality enables the automatic generation of redemption payment instructions through predefined triggers for instruments (Structured Notes or Bond-like products ) submitted via CONNEXOR. REDMs are automatically created and sent to SIX SIS or other predefined data consumers, minimizing the manual workload for the issuers.