SIX SIS is committed
to TARGET2-Securities (T2S), Eurosystems’ ambitious project whose objective is to overcome settlement
inefficiencies in cross-border trading. The creation of a standard settlement process and platform is
designed to lead to substantial simplification in securities cross-border settlement. SIX SIS expects
its clients to benefit from increased price transparency and competition in the post-trade market. Leveraging
this initiative supports SIX Securities Services’ vision of meeting the requirements of a changing industry
in order to best serve its customers.
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SIX SIS actively supports together with other West European CSDs and ICSDs the ideas and vision propagated by the European Central Securities Depositories Association (ECSDA). The efforts of ECSDA are paving the way for the consolidation of the European marketplace.
ECSDA's objective is to simplify and integrate settlement processes between individual countries. This involves defining common standards. In the coming years, the 39 member states will concentrate on the task of completing and applying these standards.
SIX SIS has launched the joint venture Link Up Markets together with six further European CSDs.