Fineqia Partners with SquaredData to Enhance Exchange Traded Note (ETN) Business
London, UK, March 20, 2025 – Fineqia International Inc. (“Fineqia”), a leading digital asset and investment business, is thrilled to announce a strategic partnership between its subsidiary, Fineqia AG (“Fineqia AG”), and SquaredData AG (“ETFbook”). This collaboration aims to provide a Portfolio Composition File (PCF) Calculation Agent for Fineqia’s exchange traded note (ETN) business.
What is a Portfolio Composition File (PCF)?
A Portfolio Composition File is an essential document that outlines the underlying assets and their weights in an exchange-traded note (ETN). It is a daily requirement for the creation and redemption process of ETNs. The PCF is crucial for investors, regulators, and exchanges to ensure transparency and accuracy in the ETN market.
Fineqia AG and SquaredData Partnership
Under the terms of the agreement, ETFbook will be responsible for calculating the PCF for Fineqia AG’s ETN business. ETFbook is a leading provider of data solutions for the financial industry, and their expertise in calculating and disseminating PCFs will significantly enhance Fineqia’s ETN offering.
Impact on Investors
The partnership between Fineqia AG and ETFbook is expected to provide several benefits for investors:
- Transparency: The daily publication of accurate and timely PCFs will allow investors to make informed decisions based on the underlying assets of the ETNs they are considering investing in.
- Efficiency: Automating the PCF calculation process will save time and resources for Fineqia AG, allowing them to focus on other aspects of their business.
- Reliability: ETFbook’s proven track record in providing reliable PCFs will instill confidence in investors, ensuring they have access to accurate and up-to-date information.
Impact on the World
The collaboration between Fineqia AG and ETFbook is not only beneficial for Fineqia and its investors but also for the wider financial industry:
- Transparency: The daily publication of PCFs for Fineqia AG’s ETNs will contribute to increased transparency in the ETN market, which is essential for maintaining investor confidence and trust.
- Innovation: The use of technology to automate the PCF calculation process is a significant step forward in the digitalization of the financial industry, making it more efficient and cost-effective.
- Competition: The partnership between Fineqia AG and ETFbook will increase competition in the ETN market, driving innovation and improving the overall offering for investors.
Conclusion
Fineqia International Inc.’s partnership with SquaredData AG is a significant step forward for the digital asset and investment business. The collaboration will enable Fineqia AG to provide accurate and timely Portfolio Composition Files for its exchange traded notes, enhancing transparency and efficiency in the ETN market. The benefits of this partnership extend beyond Fineqia, contributing to increased transparency, innovation, and competition in the financial industry as a whole.
As technology continues to revolutionize the financial industry, partnerships like this one between Fineqia and ETFbook are essential for staying competitive and providing investors with the best possible offering. With a focus on innovation, transparency, and efficiency, Fineqia is well-positioned to lead the way in the digital asset and investment space.
For more information about Fineqia and its subsidiary Fineqia AG, please visit their website at www.fineqia.com.
