Through the combination of its existing Collateral Cockpit, SIX will provide a fully automated system for collateral management processes.
New appointment in Northern Trust’s Swiss senior leadership team highlights custodian’s focus on the country.
Brand will also work alongside the heads of Luxembourg and Ireland, as the US bank looks to evolve its European strategy.
As the UK and EU negotiate how their various relations will be governed post-Brexit, the arrangements established with Switzerland are sometimes cited as a possible template. GC spoke to Thomas Zeeb, head of securities and exchanges at SIX, about the lessons the UK securities industry might wish to take from the Swiss experience.