SIX Securities Services tops ICSD global survey for the third year in a row

SIX Securities Services tops ICSD global survey for the third year in a row

SIX Securities Services tops all ICSD categories in Global Custodian’s Agent Banks in Major Markets Survey for 2017

Toronto, CANADA: 16th October 2017: Results from the annual Agent Banks in Major Markets Survey, run by highly regarded industry magazine Global Custodian, reveals that SIX Securities Services is rated as the top ICSD for the third year in a row. The survey, which rates providers on aspects such as ‘Relationship Management’ and ‘Technology and Connectivity’, places SIX Securities Services as the firm market leader – it scores the highest across all categories.

On a 7-point scoring system, SIX Securities Services averaged 6.44, an impressive rise from 6.17 in 2016, and coming in higher than the global average of 5.54 and market average of 5.78. SIX Securities Services scored particularly highly in ‘Relationship Management’ (6.53), ‘Client Service’ (6.48) and ‘Technology and Connectivity’ (6.48). It also continues to impress and excel in areas such as ‘Corporate Actions’ (6.38) and ‘Settlement’ (6.41).

Despite not having the largest market share as an ICSD (26.8%), SIX Securities Services “comfortably exceeds the global average in all categories”, states the survey. One private bank client claims that SIX Securities Services is “stable, reliable and professional” with an “excellent service track record”.

Thomas Zeeb, Division CEO of SIX Securities Services comments: “Our clients are at the heart of everything we do, and we pride ourselves on creating and maintaining strong relationships that focus firmly on the value that we can bring. While technology, specialised services and industry expertise inevitably underpin our offering, the real value that we bring lies in the relationships we build with our clients – this is what establishes us as an industry leader. At a time when the industry is at an inflection point with regard to its future direction and the roles of the various stakeholders, these relationships and the ability to add true value to our clients as part of the overall value chain, become even more important. These results reflect these efforts and are something we are extremely proud of and will continue to improve upon.”