Name: ECSDA Senior Council & Annual Conference
Start: 2025-11-18T09:00+0100
End: 2025-11-18T17:15+0100
Location: Brussels

Join SIX at ECSDA in Brussels

SIX is proud to sponsor the ECSDA 2025 Post-Trade Conference, which will take place in Brussels on November 18.

Join us and connect with Rafael Moral, Head of Securities Services at SIX, and Francisco Béjar, Co-Head Custody, SIX. They will share their insights on the evolving European financial landscape.

Discover the perspectives on innovation, regulation, and the future of market integration.

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Date	Tuesday, 18 November, 2025, 09:00 am – 05:15 pm
Location	Auditorium of the National Bank of Belgium

Panels - 18 November

Is the Post-trade organisation preventing deeper EU Markets integration?

Time	10:30 AM - 11:15 AM
Speakers	Philip Brown, CEO, Clearstream Banking S.A. Head of Global RM, Sales & Client Services, Clearstream Jennifer Robertson, Head of Unit, European Commission Rafael Moral, Head of Securities Services, SIX Edwin De Pauw, Managing Director and Group Head of Compliance and Public Affairs, Euroclear

Expert Insights: Financial Infrastructure of the Future – A Roadmap for Transformation

Time	2:40 PM – 3:40 PM
Speakers	Francisco Béjar, Co-Head Custody, SIX Isabelle Delorme, MD, Global Head of Product Strategy and Innovation, Euroclear Belgium, Euroclear France, Euroclear Nederland Dimitri Pattyn, Deputy Director General of Market Infrastructure and Payments, European Central Bank

Meet SIX at the ECSDA 2025 Conference

SIX Delegation at ECSDA

Rafael Moral

Head Securities Services, SIX
Rafael Moral Santiago has been Head Securities Services and a member of the Executive Board of SIX since June 2025. Before joining SIX, he held different leadership positions at HSBC in Hong Kong and London from 2015 until 2024. In his most recent role, he served as Global Head of Country Management Securities Services for HSBC, leading the regional strategy and coordination of the bank’s securities services business across more than thirty markets.

Prior positions included Head of Securities Services for Europe, as well as for Asia Pacific & MENA. From 2002 until 2015 Rafael Moral Santiago worked at Deutsche Bank in various management roles in Germany, the USA and Singapore, most recently as Global Head of Investor Services responsible for Custody, Clearing, Fund Services, and Securities Lending.

Before joining Deutsche Bank, he gained business leadership experience as the CFO and executive board member at 100world (now Senacor Technologies), following a position as strategy consultant at McKinsey & Co. A Spanish citizen, Rafael Moral Santiago graduated from the HHL Leipzig Graduate School of Management and attended INSEAD’s MBA and International Executive Programmes. He is also ISSA Board Member.
Francisco Béjar

Co-Head Custody, SIX
Francisco Béjar is Co-Head Custody, SIX. He is member of the Board of Directors of ECSDA (European Central Securities Depository Association), and member of various market committees and expert working groups at national and international level in CNMV, ESMA (Consultative Working Group of the ESMA Post Trading Standing Committee, PTSC CWG) and ECB (AMI-SeCo Harmonization Steering Group, HSG). Prior to SIX, Francisco held different roles in BNP Paribas and JP Morgan, based in Madrid.

Francisco dedicated his full professional career to the financial markets, and particularly, to the post-trading activities, in areas such as Settlement and Custody, Cash and Treasury and Corporate Trust.

His experience comes from two sources, as a custodian bank and as a financial market infrastructure. Francisco has a bachelor’s degree in economics and business administration from Universidad Complutense de Madrid.

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Join SIX at ECSDA in Brussels

Panels - 18 November

Is the Post-trade organisation preventing deeper EU Markets integration?

Expert Insights: Financial Infrastructure of the Future – A Roadmap for Transformation

Meet SIX at the ECSDA 2025 Conference

SIX Delegation at ECSDA

Rafael Moral

Francisco Béjar

Discover SIX: Connecting Market Participants Around the World

Discover More about SIX

Learn More About Our Product Portfolio

Clearing Services

Settlement Services

Custody Services

International Custody

Asset Servicing

Issuer Services

Collateral & Repo (CO:RE)

Collateral Cockpit™

Advanced Tax Reclaim

Digital Securities

SDX Web3

Wholesale CBDC

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