Overall, it faces the megatrends that have already fundamentally altered other sectors: globalization, regulation, digitization. These developments have led to huge upheavals in other sectors over the past few decades. The same “wave” is now rolling towards the financial industry.
Our diversified business model allows us to reduce our dependency on individual business areas and markets. That makes us financially stable – the best position from which to react appropriately to changing market requirements. We never stand still and we keep an eye on how our environment is changing. We, ourselves, are already in the midst of a transformation.
First, we regard the challenges currently confronting the sector as growth opportunities for SIX. Services the financial market players cannot use to differentiate themselves can be outsourced to us. Second, we are aware that SIX needs to become even more agile and flexible if it is to remain a relevant partner for its clients in a dynamic economic environment. Our strategic directions for the period to 2019 are based on these two considerations: expanding our business volume, industrializing our business model, strengthening our capacity for innovation and enhancing our ability for transformation. The first specific examples of implementation are described on this website.
Thanks to ATMfutura, Swiss banks can save costs along the entire ATM value chain. In a business field where it is impossible to differentiate themselves. SIX is creating a universal software solution as the basis for a complete package of future services. Today there are over 20 individual solutions in use in the Swiss market, from four different manufacturers.
SIX wants to improve data quality and efficiency in the corporate action process, thus minimizing the risks. The X-Chain combines the wisdom of the crowd as used by Wikipedia with distributed ledger technology (blockchain). It allows market participants to validate corporate actions in collaboration. They share their knowledge in a kind of social network.
One company: By relocating to Hard Turm Park, SIX is bringing its four Zurich offices together, nine years after the merger. The new building in Zurich West makes it easier to put teams together quickly and flexibly for project work, while at the same time ensuring better capacity utilization for part-time working and job sharing.
SIX Securities Services aims to establish itself as a service hub for the financial industry. In order to deal with transformation successfully, the business area is focusing even more strongly on the needs of its clients. In 2016 it therefore invested in relevant employee training courses. And new services were set up with strategic partners. The result: Client satisfaction improved significantly compared with 2015.
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