Together, SIX and HIAG Data intend to jointly offer new services to facilitate and accelerate cloud migration in the financial service industry. The cloud offering shall fulfill the latest standards and regulations as well as features like Swissness, compliance, security, scalability and performance. The intended market segments to address are banks, insurances, health-insurances and companies handling sensitive or regulated data.

The modular and flexible offering shall comprise services around cloud infrastructure services for the operation of applications and solutions on a scalable multicloud platform. In addition  services to bring clients to the cloud shall be provided. All this with intention to build a cloud-based ecosystem for the financial services industry enabling innovative solutions.

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SIX operates and develops infrastructure services in the Securities & Exchanges, Banking Services and Financial Information business units with the aim of raising efficiency, quality and innovative capacity across the entire value chain of the Swiss financial center. The company is owned by its users (120 banks). With a workforce of some 2,600 employees and a presence in 20 countries, it generated operating income in excess of CHF 1.9 billion and Group net profit of CHF 221.3 million in 2018.