As of mid-October 2022, all clients of SIX SIS with Spanish securities will benefit from a preferred service provision in Spain having direct communication channels across all services, which will considerably accelerate operational processes. This will be possible via a direct link to the Spanish CSD, Iberclear.

Stephan Hänseler, Head International Custody Operations, SIX: “SIX has established this direct link to Iberclear in line with its direct market access strategy. This enables SIX to provide high quality transaction services, asset servicing as well as tax services based on the safekeeping of Spanish securities of its international custody clients.”

Jesus Benito, Head Domestic Custody Operations, SIX adds: “The new direct market access is developed to protect a broad range of asset classes, combining the Swiss and Spanish securities services expertise of SIX. Our best-in-class market access models, combined with its growing international presence, are the basis for flexible end-to-end securities services.”


Any questions?

Please do not hesitate to contact Julian Chan.

 
About SIX
SIX operates and develops infrastructure services for the Swiss and Spanish Stock Exchanges, for Post-Trade Services, Banking Services and Financial Information with the aim of raising efficiency, quality and innovative capacity across the entire value chain of the Swiss and Spanish financial centers. The company is owned by its users (120 banks). With a workforce of 3,685 employees and a presence in 20 countries, it generated operating income of CHF 1.5 billion and Group net profit of CHF 73.5 million in 2021.
www.six-group.com