Stability of Systems
It is of central importance for the economy that the financial center functions smoothly. Major events such as a long-lasting power outage, floods, acts of sabotage or pandemics and, above all, chaos on the financial markets could significantly destabilize the financial system and, as a result, the Swiss economy. SIX ensures the smooth operation of the infrastructure even in crisis situations. In addition, SIX aims to promote general conditions that are beneficial to Switzerland as a financial center and to offer international investors and companies long-term planning certainty.
With a constant eye on the future, SIX works continuously on new services that will continue to ensure stability.
Innovation and Technological Change
SIX sets high standards with its services. We seek to continue to do so in future and to strengthen the competitiveness of the Swiss financial center on a lasting basis through FinTech innovations. With 24 staff working on innovation, we develop our systems and services on an ongoing basis. At the same time the SIX InnoHub encourages all 4,020 staff to submit their own ideas. As an external driver of innovation SIX has launched the F10 Incubator & Accelerator.
F10 Incubator & Accelerator
F10 is an innovation program for the future of the financial sector. SIX launched the initiative in 2015 with the aim of promoting technological innovation in FinTech and successfully establishing start-ups on the market. In October 2016, SIX opened up the initiative for collaboration, reorganized F10 as an independent association and involved other Swiss companies in the banking, insurance and consultancy sectors.
Hundreds of start-ups from around the world apply each year for the F10 accelerator program.
Future-ready Financial Technology
Technology for the financial center – efficient, secure, stable. This is what SIX stands for. Thanks to our infrastructure, Switzerland is now one of the highest-performance financial centers in the world. We want this situation to continue. That is why SIX drives the development of innovations forward and supports the whole fintech scene in Switzerland.
Digitalization, global connectivity and new technologies are megatrends that are opening up new business areas. At the same time these trends entail threats that could have a huge impact. SIX is involved with the establishment of effective control mechanisms and defensive processes. In 2017, in partnership with IBM Security, SIX established a Security Operations Center (SOC). At the heart of the new SOC is "IBM Watson for Cyber Security": the sector's first augmented intelligence technology. Within the framework of the cybersecurity program SIX supports teaching and research in collaboration with the Zurich Information Security and Privacy Center (ZISC), part of ETH Zurich.
SIX places great importance on data and information protection, which it considers essential. Physical security measures in the data centers and employees who are trained in handling data, information and business documents ensure that this protection is in place. SIX has issued several Group directives setting out specific rules of conduct and provides employees with obligatory and optional training and the opportunity to take part in theme-specific events. As a service provider in the card business, SIX is also obliged to undergo the annual certification process for the Payment Card Industry Data Security Standard (PCI DSS).
SIX shares its comprehensive knowledge of financial market themes through its work in relevant industry associations and interest groups. Each year, SIX draws up around 20 responses to consultations that are significant for the Swiss financial center.