APIs Articles and News from our Blog

Financial Market Infrastructure

Is Artificial Intelligence Set to Dominate the Future of Finance?

28 Nov 2024 3 minutes

In the yearly Future of Finance study by SIX, senior executives identify artificial intelligence, cloud technology, and data analytics as the key technologies over the next few years. Read how they prioritize different technologies, and where they feel they will make the most difference.

Financial Data

Market Data: Market Participants Forecast Spending Growth and Report Increased Confidence in Cloud and Artificial Intelligence

03 Oct 2024 3 minutes

High-quality market data must be accurate, timely, and reliable. There’s nothing new about that. However, if you ask the industry, you will learn that it does not expect everything to stay the same. Read in this year’s study by Coalition Greenwich and SIX how artificial intelligence and other technologies are changing the way people acquire and use market data.

Financial Data

Measuring Markets Worldwide with Indices: How Financial Institutions Can Literally Open Up the Whole World of Investing to Their Customers

27 Jun 2024 5 minutes

Financial institutions fight for market share among investors. Read on to discover what role high-quality data plays in this, and how it can be obtained as efficiently and cost-effectively as possible.

Payment Transactions

Embedded Finance: What Banks Need to Know Now

06 Jun 2024 9 minutes

Embedded finance and banking-as-a-service are driving forward a transformation in the financial industry by allowing banks to integrate their services into third parties’ product offerings. What opportunities and challenges does this present for traditional banks?

Financial Market Infrastructure

3 Expectations of the Financial Sector for the Future that Were Not to Be Expected

22 Nov 2023 5 minutes

The second edition of the annual Future of Finance study shows increasing optimism among executives in the global financial markets. Read how companies plan to capitalize on this sentiment, including the integration of data and analytics and artificial intelligence.

Financial Data

“Quality over Cost” and 2 More Facts on Using Market Data

19 Oct 2023 4 minutes

Global buy-side and sell-side market participants agree that data accuracy and data feed reliability are the most important drivers when choosing market data providers. Read about these and other key findings revealed in new research by Coalition Greenwich together with SIX.

Payment Transactions

How Secure Is Open Banking?

02 Jun 2023 5 minutes

Open Banking is hailed as a revolution in finance. It allows bank account information to be shared with verified third-party providers. Read on to find out why, despite its open character, it’s totally secure.

Payment Transactions

Open Banking: Inspired by Valtteri Bottas – A Podcast on the “Drive” of Innovation

14 Jul 2022 19 minutes

The team of Sven Siat, Head Connectivity at SIX, connects banks with FinTechs through the platform bLink. Find out in our podcast which parallels Open Banking and Formula 1 have and why the Finnish racing driver Valtteri Bottas is an inspiration for Siat.

Financial Data

Data Facilitates Markets

27 Apr 2022 3 minutes

Financial information is an ever-growing mainstay in the diversified business portfolio of SIX. But the importance of data goes beyond just being a source of income: Data links different businesses and even industries together. Read how data creates transparency, makes processes more efficient, and enables growth.

Payment Transactions

Open Banking: Taking a Wait-and-See Approach Can Get Expensive

18 Jan 2022 6 minutes

The initial obligation to open banking has now turned into a dynamic international competition. Sven Siat, Head Connectivity in the business unit Banking Services of SIX, explains why reluctance will not pay off also for the Swiss banks: Those who do not provide up-to-date programming interfaces in the future will not have a lasting business model in the long run.

Payment Transactions

OpenWealth: Switzerland’s Financial Industry Defines Standards for Open Finance by Itself

02 Jul 2021 3 minutes

With OpenWealth, the Swiss wealth management industry has agreed – without being forced by the regulator – on a standard for application programming interfaces, the APIs. For implementation, the newly founded OpenWealth Association relies on the open finance platform bLink from SIX.

Payment Transactions

Is Decentralized Finance the Future of Open Finance?

15 Jun 2021 4 minutes

Open Finance is considered a significant trend in the financial industry. In parallel, based on technological developments, a trend toward Decentralized Finance (DeFi) has also become established. Due to their similar goals, it is worth considering the concepts of Open Finance and Decentralized Finance in an integrated way. The main differences between the concepts lie in the technology used and the system of governance. Depending on the use case and customer type, the needs for the involvement of intermediaries are different. Therefore, coexistence of the different concepts is expected to be the future, which spurs a focus on their interoperability. Platforms offer ready-to-use solutions and help reduce complexity for market participants.

Payment Transactions

The Future of Payment Transactions Has Only Winners and 6 Other Fallacies

09 Jun 2021 4 minutes

Digital business models are revolutionizing the financial world. What was once long-established is today undergoing an accelerated structural transformation. Dieter Goerdten, Head of Products & Solutions in the Banking Services business unit of SIX, debunks seven common fallacies about the future of payment transactions in a fictitious conversation with the Swiss financial center.

Payment Transactions

report

What the Future of Retailing Has “in Store”

28 Mar 2021 7 minutes

Digitalization is changing our shopping habits, and not just since the outbreak of COVID-19. Online shopping is the dictate of the moment. Brick-and-mortar commerce must further evolve in order to have a future. What that evolution might look like can already be seen in Düsseldorf and soon also in Zurich.

Financial Market Infrastructure

Inspired by Albert Einstein: The Need for Trust

25 Mar 2021 22 minutes

In our podcast, IT economist Sita Mazumder talks about the challenge of “thinking” the future. When it comes to topics such as the digitization of customer journeys, an open mind like Albert Einstein’s could help.

Payment Transactions

Great Interest in Implementing OpenWealth API

06 Nov 2020 4 minutes

The participants of the Wealth API Roundtable at the end of October agreed: there needs to be a standardized asset management interface for the Swiss financial center. The first financial institutions are likely to implement the API standard of the OpenWealth initiative as early as next year. There are various questions that need to be clarified before then, including how to securely operationalize and efficiently scale the OpenWealth API.

Payment Transactions

Wealth API – Swiss Financial Institutions at One Table

14 Oct 2020 3 minutes

Summer holidays have passed, and the Swiss open banking has had a dynamic start into the second half of the year. Particular attention was paid by the media to the definition of an API standard within wealth management at the end of September. Now it’s time to put theory into practice. Therefore, SFTI, OpenWealth (orchestrated by Synpulse) and b.Link of SIX are jointly initiating a roundtable for Swiss financial institutions.

Payment Transactions

Is Your Bank Ready for Open Banking?

12 Aug 2020 7 minutes

Open banking presents banks with huge opportunities to satisfy their customers’ demand for new digital products. In opening up to third-party providers, they will need to deal with open banking. Are you ready?

Payment Transactions

7 Statements on Open Banking – and Why They are Myths

03 Jun 2020 7 minutes

What’s in it for banks? Is it just a question of technology? And is that even secure enough? Switzerland is still at the very beginning of its Open Banking journey. But by launching bLink, SIX has started to change that – and dispel a few myths.

Payment Transactions

Open Banking Answers “Standard” Questions

11 Sep 2019 7 minutes

Open banking is a quiet revolution sweeping the financial industry. It gives Swiss banks and insurers an opportunity to succeed in competition against big technology companies.

Company Growth

Dr. Bernhard Lingens, Lisa Yerebakan

Ecosystem: A Concept Is Taking Root

11 Sep 2019 7 minutes

A term from the field of biology is now flourishing in the business world. Lisa Yerebakan, Junior Open Innovator at SIX, and Bernhard Lingens, the head of the Helvetia Innovation Lab, know why ecosystems are proliferating like mushrooms.

#api

Read all articles about: api

Is Artificial Intelligence Set to Dominate the Future of Finance?

Market Data: Market Participants Forecast Spending Growth and Report Increased Confidence in Cloud and Artificial Intelligence

Measuring Markets Worldwide with Indices: How Financial Institutions Can Literally Open Up the Whole World of Investing to Their Customers

Embedded Finance: What Banks Need to Know Now

3 Expectations of the Financial Sector for the Future that Were Not to Be Expected

“Quality over Cost” and 2 More Facts on Using Market Data

How Secure Is Open Banking?

Open Banking: Inspired by Valtteri Bottas – A Podcast on the “Drive” of Innovation

Data Facilitates Markets

Open Banking: Taking a Wait-and-See Approach Can Get Expensive

OpenWealth: Switzerland’s Financial Industry Defines Standards for Open Finance by Itself

Is Decentralized Finance the Future of Open Finance?

The Future of Payment Transactions Has Only Winners and 6 Other Fallacies

What the Future of Retailing Has “in Store”

Inspired by Albert Einstein: The Need for Trust

Great Interest in Implementing OpenWealth API

Wealth API – Swiss Financial Institutions at One Table

Is Your Bank Ready for Open Banking?

7 Statements on Open Banking – and Why They are Myths

Open Banking Answers “Standard” Questions

Ecosystem: A Concept Is Taking Root

#api

Read all articles about: api

Is Artificial Intelligence Set to Dominate the Future of Finance?

Market Data: Market Participants Forecast Spending Growth and Report Increased Confidence in Cloud and Artificial Intelligence

Measuring Markets Worldwide with Indices: How Financial Institutions Can Literally Open Up the Whole World of Investing to Their Customers

Embedded Finance: What Banks Need to Know Now

3 Expectations of the Financial Sector for the Future that Were Not to Be Expected

“Quality over Cost” and 2 More Facts on Using Market Data

How Secure Is Open Banking?

Open Banking: Inspired by Valtteri Bottas – A Podcast on the “Drive” of Innovation

Data Facilitates Markets

Open Banking: Taking a Wait-and-See Approach Can Get Expensive

OpenWealth: Switzerland’s Financial Industry Defines Standards for Open Finance by Itself

Is Decentralized Finance the Future of Open Finance?

The Future of Payment Transactions Has Only Winners and 6 Other Fallacies

What the Future of Retailing Has “in Store”

Inspired by Albert Einstein: The Need for Trust

Great Interest in Implementing OpenWealth API

Wealth API – Swiss Financial Institutions at One Table

Is Your Bank Ready for Open Banking?

7 Statements on Open Banking – and Why They are Myths

Open Banking Answers “Standard” Questions

Ecosystem: A Concept Is Taking Root

Newsroom

The SIX Blog

Company