Recent experiences show that banks of all sizes and with different business models can find themselves in situations where they need a lot of liquidity very quickly. To address this situation more effectively, the SNB plans to accept mortgages secured by register debt certificates as collateral for liquidity provision. In doing so, it is relying on the Terravis system for the fiduciary management of register debt certificates.

SIX provides the necessary infrastructure and technology to safely and efficiently process the SNB's liquidity provision. The Terravis system allows information on mortgage claims and the associated register debt certificates to be managed in a central system and securely transmitted to the SNB.

The SNB has developed a standardized, automated, and scalable collateralization process with SIX, which is being implemented by SIX Terravis.

"We are pleased that we can support the SNB in this important project," says Walter Berli, Head Terravis. "With its digital platform and expertise in mortgage financing, SIX Terravis is the ideal partner for this project."

Any questions?

Please do not hesitate to contact Jürg Schneider.

About SIX
SIX provides and operates stable and efficient infrastructure for the Swiss and Spanish financial centers, thus ensuring access to the capital markets and the flow of information and money between financial market players. As a global provider of financial information, SIX delivers high-quality reference, pricing, corporate actions, and ESG data and provides regulatory services and indices to clients around the world. The company is owned by its users (more than 120 banks) with a workforce of 4,160 employees and a presence in 19 countries.