These awards come as SIX continues to widen its custody offering to clients. Most recently in February 2022, SIX expanded its international custody presence further by setting up a team in Singapore. This new team provides bespoke services to its international custody customers in Asia. With Singapore being a global wealth management hub and its importance for Swiss banks, the team in Singapore marks another major step forward in the global growth strategy of SIX. This follows the successful establishment of a local team in the USA, in July 2021.
“After a two year hiatus, we are delighted to once again attend the Leaders in Custody Awards. We are also pleased to accept the Client Facing, Relationship Management and Client Service award. Having established a team in the US – and now Singapore – SIX is strengthening its global reach and presence, together with its ability to support clients in their local time-zones. In addition to giving Swiss and international customers access to the US and Asian markets, the expansion also enables us to offer US and Asian-based institutions access to all major markets across a broad range of asset classes through a single contractual relationship,” states Javier Hernani, Head Securities Services, SIX.