We are developing a package of value-creating solutions called Advanced Services. The new service offering helps our clients to significally reduce their operational complexity, operational risks and costs. Moreover, it assists clients to generate new revenue opportunities leaving them free to concentrate on their core business and strengths.
Advanced Tax Services – Tax Reclaim
As the first provider on the market, SIX Securities Services offers an end-to-end solution for the reclaim of withholding taxes. Reclaiming withholding taxes used to be a complex, country-specific and opaque process for banks and investors. Tax Reclaim from SIX Securities Services creates significant opportunities for banks, and their customers at the same time, to access new revenue streams that previously have been reserved to largescale investors. Banks gain efficiency through reduced complexity. Investors profit from higher returns on investment.
Advanced Settlement Service
SIX Securities Services provides its clients with an integrated and fully automated settlement solution allowing them to significantly boost the efficiency and minimize the risk of their entire settlement processes. By taking over the responsibility of all Standing Settlement Instructions (SSIs), there is only one record for each counterparty that needs to be maintained. The service allows banks to reduce their settlement operational costs by up to 30 percent!
Head Product Management Client Services & Funds
Roman von der Höh
Head Income and Tax Services