VITAL TO KEEPING THE SWISS FINANCIAL CENTER RUNNING SMOOTHLY

Transcription

1 About us

2 SIX VITAL TO KEEPING THE SWISS FINANCIAL CENTER RUNNING SMOOTHLY SIX operates comprehensive services on a global scale in the areas of securities trading, clearing and settlement, as well as financial information and payment transactions. SIX is a reliable partner that uses the latest technology to guarantee the flow of information and money between banks, merchants, investors and service providers. SIX is the backbone of the Swiss financial center and therefore systemically relevant: without the company s efficient and innovative platforms the Swiss economy would come to a standstill. Swiss Exchange is one of the most important exchanges in Europe and is the reference market for approximately 40,000 securities CHF 1,279,293 million trading turnover in 2016 (254 trading days) CHF 98.8 billion raised by companies on the stock exchange in 2016 Key figures fiscal year 2016 in CHF millions Operating income 1,838.6 EBIT Group net profit reliable Securities Services is a leading partner for post-trade services in Europe and operates vital infrastructures on behalf of the Swiss financial market innovative million clearing transactions in million settlement transactions in SIX has sites in 25 countries

3 Revenue by region SIX generates most of its revenue in its domestic markets of Switzerland, Austria and Luxembourg. Revenue by region Luxembourg 13 % Austria 12 % Switzerland 63 % Function and owners In 2008, SWX Group, Telekurs and SIS Group merged into SIX Group, in order to concentrate the infrastructure for the Swiss financial center within a single company. In the future, SIX also aims to pool the activities and processes that do not differentiate the Swiss banks in clients eyes. Concentrating them in this way achieves economies of scale and improves quality. Today, SIX is owned by approximately 130 national and international banks in Switzerland. They are at the same time owners and, together with other financial institutions, users of the services provided by SIX. Rest of Europe 9 % Rest of world 3 % secure Swiss Value Chain The Swiss Value Chain links trading on the Swiss stock exchange with post-trading services, which include the clearing and settlement of securities transactions and the custody of securities. The infrastructure provided by SIX enables securities transactions to be processed smoothly and efficiently. It is one of the most secure and reliable systems in the world. SIX is the first central securities depository outside the EU to offer direct access to TARGET2-Securities (T2S), thus expanding the Swiss Value Chain further. 65 % of its 4,020 employees work in Switzerland and 35 % at the international locations Payment Services is the market leader in the card business in Switzerland, Luxembourg and Austria 10 million card transactions processed by SIX each day responsible Financial Information is the leading provider of financial information, with over 85 years of experience 23.7 million financial instruments in 2016 stable Stable and reliable The average availability of all systems provided by SIX is %. Systemic importance Some of the services provided by SIX are systemically important and are monitored by the Swiss National Bank (SNB) and the Swiss Financial Market Supervisory Authority (FINMA). GOOD TO KNOW F10 Accelerator & Incubator F10 supports and guides start-ups in trans forming their ideas into successful companies, all the while stimulating worldwide collaboration with international finance organizations. F10 is sponsored by SIX. AA rating SIX has been awarded an AA rating by Standard & Poor s for the seventh time in a row.

4 SIX Swiss Exchange THE GATEWAY TO THE INTERNATIONAL CAPITAL MARKET SIX Swiss Exchange is one of the most important exchanges in Europe and the largest Swiss trading venue. It came into existence in 1995 when the Geneva, Basel and Zurich stock exchanges were merged. 4 CORE FUNCTIONS Raising capital Distributing market information Monitoring trading Operating the trading platform SHARE OF TURNOVER Equities 78 % Bonds CHF 12 % ETFs 9 % Best execution Excellent order book quality: Narrowest bid/ask spread, i.e. best price in over 90 % of trading time FACTS AND FIGURES Daily turnover CHF 5 billion average daily turnover in Structured products 1 % Largest tradable volume at the best price in over 80 % of trading time Highest probability of execution thanks to extremely high liquidity Exchange of the Year 2016 MARKET CAPITALIZATION As at: November 2015 In terms of the total number of freely tradable shares (free float market capitalization), SIX Swiss Exchange is the third-biggest stock exchange in Europe. Over 1,200 ETFs are tradable on the Swiss Exchange 6,308 2,782 LSE Group 2,045 Euronext 1,256 SIX Swiss Exchange 1,239 Deutsche Börse 1,079 Hong Kong Stock Exchange 223 Singapore Stock Exchange in billion US dollars source: SIX Swiss Exchange; STOX X Global TMI, as of Nasdaq Access to capital for 108 international trading participants 21 currencies Securities are tradable in 21 currencies Issuers from 50 countries 50 STOCK MARKET BAROMETER WORTH TO KNOW SIX Swiss Exchange s key index ranges SMI SMI Swiss Blue Chips Index 20 biggest securities of SPI, 85 % equity market volume SPI SLI SPI Swiss Performance Index All SX securities SLI Swiss Leader Index 30 biggest and most liquid securities of SX SBI Swiss Bond Index, 1,238 bonds Self-regulation Appropriate regulation which complies with international standards and takes due account of market developments. The independent Exchange Regulation unit ensures compliance with, monitoring and implementing the regulations for issuers and participants. Pricing What is the price of a security and therefore the value of a company? This pricing can only take place on a stock exchange. It stands at the heart of trading.

5 AWARD-WINNING POST-TRADE SERVICES FOR SWITZERLAND AND THE WORLD Once a trade has been agreed on an exchange, SIX Securities Services steps in. Providing services from clearing (where it acts as a Central Counterparty, CCP) to settlement, custody, securities finance, tax reporting, fund services and payments. FACTS AND FIGURES International central securities depository (ICSD) in 55 markets SIX Securities Services THE POST-TRADE VALUE CHAIN Clearing SIX acts as a contractual party between trading partners throughout Europe, functioning as the central counterparty in order to reduce the risks for both buyer and seller. Settlement SIX then settles domestic and cross-border transactions electronically across all possible asset classes. 2 million times How often SIX acts as the central counterparty (CCP) in clearing each day CHF 15 billion a day flows back and forth in interbank payments via eurosic (Swiss Interbank Clearing) CHF 3,150 billion was managed in custody accounts by SIX as the central depository (CSD) for Swiss securities at the end of 2016 Custody In addition, SIX offers comprehensive custody services for the Swiss market and over 50 others. Securities finance SIX maintains the multicurrency repo trading platform for over 160 participants, including the Swiss National Bank (SNB). Payments SIX operates the Swiss Interbank Clearing system (SIC) for payments in Swiss francs and eurosic for payments in euros. Excellence In 2015 and 2016 SIX Securities Services topped the Global Custodian Magazine s survey of Agent Banks in Major Markets for Switzerland and as an International Central Securities Depository (ICSD). Supervision SIX has a banking license in Switzerland and is deemed systemically important. It is overseen by the Swiss Financial Market Supervisory Authority (FINMA) and the Swiss National Bank (SNB). WORTH TO KNOW Land registry data SIX Terravis is the electronic information portal for land registry data and official cadastral survey data in Switzerland. Payments & e-bill solutions SIX operates real-time payments between banks, as well as platforms for direct debits and e-bills. High-security safekeeping SIX maintains one of the world s most up-to-date systems for the safekeeping and administration of securities. Allocation and administration of currency codes worldwide SIX is responsible for the allocation and administration of standardized currency codes (e. g. CHF, GBP, EUR) worldwide.

6 SIX Financial Information READILY AVAILABLE HIGH-QUALITY FINANCIAL DATA SIX Financial Information specializes in procuring, processing and distributing financial information. In addition, SIX is the official issuing agency for security identification numbers in Switzerland, Liechtenstein and Belgium. Function SIX provides high-quality reference data and services globally. Clients use these to optimize their operating procedures, risk management and compliance with regulatory requirements. FACTS AND FIGURES 6.85 billion pieces of price information are sent daily In 23 countries SIX Financial Information is represented with offices in 23 countries Value-added services are additional services based on our reference data Reference data encompass the full life cycle of a financial product (e.g. data and corporate actions) Financial information from 1,500 sources worldwide Price data include, for example, current trading prices based on price, security ID number and trading venue From source to client Data input e.g. reference, market and tax data Data processing e.g. data cleansing, analysis and enhancement Data delivery and integration e.g. as a data feed, file or on-screen Data use e.g. financial analyses, risk management, investment advice and reporting Display products allow easy access and display of all the data offered by SIX in a standardized format Corporate actions encompass company-specific events such as dividends, acquisitions and capital increases WORTH TO KNOW Search engines SIX supplies the leading search engines with up-to-date financial data. On global radio and TV every day The latest stock market data from SIX can be viewed or listened to each day on SRF for example. Regulatory services By offering regulatory data services, SIX helps its clients to meet fiscal and regulatory requirements. SIX therefore offers financial data on around 60 international and national regulations and laws.

7 SIX Payment Services SECURITY AND EFFICIENCY IN CASHLESS PAYMENT TRANSACTIONS SIX Payment Services provides banks and merchants with secure and innovative solutions along the entire value chain of cashless payments. CASHLESS PAYMENT Mobile innovation 2016 SIX established together with its partners Switzerland s mobile payment solution. Send and request money or pay in shops and restaurants. It s easy and secure by smartphone with the TWINT payment app. Acquirer Authorization & settlement International card organizations License agreement Authorization & settlement Issuer Thanks to the seamless interaction between card issuers, the card organizations responsible for the infrastructure, and SIX as a technology partner and often also as an acquirer, cashless payments are fast, secure and convenient. FACTS AND FIGURES 3.6 billion transactions Overall, SIX processed around 3.6 billion transactions in its card business in Processing Customers can make cashless payments at over 239,000 terminals operated by SIX Acceptance contract Fee Billing Card contract CHF 207 million is processed daily in credit and debit card transactions Merchant Cardholder Transaction processing for customers in 33 countries Card-based purchase 33 ATMs SIX operates and maintains over 14,000 ATMs in Switzerland, Liechtenstein, Austria and Luxembourg meeting the strictest standards for security, stability and availability. Close to the client SIX demonstrates its client proximity by providing personal support and a needs-oriented service. For example: customer loyalty programs, dynamic currency conversion at the point of sale, gift cards, etc. Processing debit and credit cards As one of Europe s largest transaction processors, SIX supports financial institutions in processing their entire card portfolios. Unattended points of sale Quick, simple and secure card payments are also available at unstaffed points of sale both indoors and out. Payment solutions from a single source SIX offers tailor-made, comprehensive solutions for cashless payment transactions at the point of sale: card acceptance, payment processing, infrastructure and valueadded Online payments SIX offers flexible e-commerce solutions for both simple and sophisticated Web shops. Worldwide. WORTH TO KNOW Payment Risk Management The Payment Risk Management of SIX (PRISMA) offers a range of solutions and services to help issuers, acquirers and merchants to manage their fraud risk. Starting with real-time decision engines, SIX operates full transactional and cardholder behavioral profiling, monitoring risk levels and alerting clients when suspicious activity or events occur. Teams of fraud experts manage the entire fraud lifecycle on behalf of clients, working closely with them to minimize risk.

8 SIX Group Ltd Corporate Communications Selnaustrasse 30 P.O. Box CH-8021 Zürich six-group.com SIX Group Ltd, 2017 Follow us on social media: six-group.com/twitter six-group.com/facebook six-group.com/youtube six-group.com/linkedin six-group.com/xing