Overview of the Fundamentals of the Realignment:
One key element of the realignment is the sustainable strengthening of competitiveness in the securities business. SIX will merge the exchange trading and post-trading areas into one organizational unit. In future, SIX will offer all securities-related services from a single source.
SIX is creating a competence centre for operations, development and greater innovation in Swiss payments. This will include the infrastructure for interbank payments, for connections to the SEPA region and for card-based and mobile payments. Together with PostFinance, SIX will further standardize and bundle together the infrastructure for e-bills and direct debits. SIX will hive off the card business (national and international acquiring) from the core organization and continue developing this as part of a strategic partnership.
SIX will consolidate its strong market position in the data business, in particular in international reference data. SIX intends to utilize the resulting synergies to provide even better solutions to meet the demand from banks for high quality at attractive conditions.
Aside from bundling its own innovation projects, SIX will also be establishing a CHF 50 million venture fund aimed at promoting innovation within Switzerland's financial centre. SIX will use the new innovation unit to develop specific services for interested customers. In conjunction with the respective shareholders, these services can later be positioned in the market as independent solutions.