SIX and Euroclear team up

SIX and Euroclear team up

SIX Securities Services and Euroclear Bank are to partner to provide more cost- and risk-efficient fund services to Swiss investors.

Under the cooperation agreement, the pair say that clients will benefit from enhanced service quality and
processing efficiencies that SIX and Euroclear are delivering by bringing together order routing and unit settlement on a single platform for all types of fund transactions. The products offers "specialist hedge fund know-how" and integrated reporting across asset classes.

"This open-architecture cooperation between two infrastructure powerhouses comes at a time when regulatory changes like Mifid II, AIFM directive and Ucits V, are pushing our industry towards greater processing certainty, asset protection and related portfolio transparency." Tim Howell, CEO of Euroclear said.

Clients of both SIX and Euroclear will benefit from market proximity and
significant cost savings through processing standardisation and the reduction of risk through the straight-through processing of transactions.

"This is, effectively, two partners you can trust – delivering services out of one hand," said Thomas Zeeb, CEO of SIX Securities Services.

Thought Leaders

Emerging markets securities lending update

eSecLending's Ed Oliver provides an update on securities lending in emerging...

Pirum in the Americas: An evolving company in complex times

Nancy Steiker, head of business development, Americas, Pirum

HSBC: Navigating EM complexities through customisation

Matt Kiraly and Murat Demir discuss emerging market trends in Latin America.

Challenges to the sec finance status quo

Natixis’ Anthony Caserta and Saverio Costa outline the opportunities and...

EquiLend Spire: Untangling the sec finance spider web

EquiLend’s Paul Lynch and Dan Dougherty and Stonewain’s Armeet Sandhu spoke to...