SIX has repeatedly demonstrated its commitment to innovation. The company is improving its collateral management services, following the launch of its new inked repo transactions, which will complement its existing Repo market solution, by enabling participants to either upgrade or downgrade their collateral via two repo trades with cash netting.
SIX has also grown its international custody presence over the last two years. Having established a local team in the US back in 2021, SIX has since expanded into Singapore. This enables SIX to provide bespoke services to clients in North America and Asia.
In addition to giving Swiss and international customers access to the US and Asian markets, it also enables SIX to offer US and Asian-based institutions access to all major markets across a broad range of asset classes through a single contractual relationship.
As more markets increasingly adopt T+1, SIX’s global footprint will help it support clients - which are operating in multiple time-zones - with the compressed settlement cycles.
“We are once again pleased to win four awards at the prestigious Global Custodian Leaders in Global Custody Awards. In addition to broadening our global custody offering with new offices in Singapore and the US, we are continuing to develop exciting products and innovative solutions for clients to help them deal with the rapid changes and transformations happening in the market today,” said Javier Hernani, Head Securities Services, SIX.