SIX

Bring on 2017 – Have a great year with us!

Let’s scroll through some of SIX Securities Services’ milestones and look back on the last very successful twelve months.

1st Quarter

29 February

Launch of the new CO:RE Trading Platform – the next generation of repo trading

The new CO:RE Trading Platform from SIX Securities Services goes live on Monday, 29 February 2016 after years of intensive conceptualization and development work. The fully integrated real-time trading facility ensures a single point of access to the multi-currency Swiss repo market for over 160 clients of Securities Services.

17 March

SIX Securities Services wins the award for the best ICSD Agent Bank Network

SIX Securities Services wins the award for the best ICSD Agent Bank Network at the Leaders in Custody event hosted by Global Custodian magazine in London.

30 March

ESMA recognizes SIX x-clear as a third-country CCP under EMIR

Three years ago, SIX x-clear Ltd – the clearing arm of SIX Securities Services – formally applied to ESMA for reauthorization as a CCP to provide clearing services to members and trading venues established in the European Union. On March 30, SIX x-clear is officially recognized by ESMA as a third-country CCP under EMIR.

2nd Quarter

14 April

New SIC interbank payment system for Swiss francs

SIX goes live with the new Swiss Interbank Clearing (SIC) payment system on behalf of the Swiss National Bank (SNB) and the Swiss financial center. As the first system of its kind in Europe, the new SIC is based on the ISO 20022 message standard. This standard significantly lowers the number of technical interfaces between participants and the central Swiss financial market infrastructure and reduces the complexity that has grown over time.

22 June

ISF Tri-party Survey: SIX Securities Services takes the top spot for EMEA

According to the respondents of the Global Investor/ISF tri-party survey 2016, SIX Securities Services is the highest rated tri-party provider in the EMEA region. In the survey, SIX Securities Services gets the highest score in nine out of 15 EMEA-categories. Clients appreciate the cooperative partnership and highlight its innovation capability, service quality and straight through processing levels.

3rd Quarter

22 September

Digital Asset Holdings and SIX Securities Services sign agreement to build prototype for securities lifecycle processing

26 September

Sibos Geneva

After having successfully hosted Sibos in 1993 and 2002, the world’s premier financial services event returns to Geneva for the third time – SIX Securities Services showcases the best that Switzerland has to offer!

4th Quarter

October

Top performance in "Major Market Agent Bank Survey" – again!

For the second year in a row SIX Securities Services occupies the top spot in the Swiss market and as an ICSD. The Global Custodian’s annual Agent Banks in Major Markets Survey analyses the performance of sub-custodian agents in 27 markets globally, based on responses from the world’s largest custodian banks, broker dealers and depositories. SIX Securities Services sees a significant improvement in the Global Custodian Survey 2015 compared to the 2014 results. To our delight, the results in 2016 were even better, scoring over six out of a possible seven in all categories for the first time.

1 December

2016 customer satisfaction survey: Evaluate to get better

Each year, an independent research institution conducts a survey among clients measuring their satisfaction with financial infrastructure services. Clients of SIX Securities Services show above-average levels of loyalty in comparison to competitors. This is a key success factor in the highly competitive European post-trade sector!