Sections

Swiss plan bank

SIS Segaintersettle, the Swiss national and international clearing and settlement organisation based in Zurich, is pushing forward plans to establish a Swiss securities transaction bank, with preliminary plans to be made by April.
The new bank would enable customer banks to hive off back-office functions and save on investment in systems and information technology.
The potential cost savings from the system have been estimated at around 50%.
Four to five Swiss banks will be announced as pilots for the scheme this month.

Have your say

You must sign in to make a comment

IPE QUEST

Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2503

    Asset class: Equities.
    Asset region: Emerging Markets.
    Size: EUR 30m.
    Closing date: 2019-01-31.

  • QN-2505

    Asset class: Real Estate Core/Core-Plus Multi-sector strategy.
    Asset region: Asia-Pacific.
    Size: $ 50m.
    Closing date: 2019-01-28.

  • QN-2506

    Asset class: Currency Overlay.
    Asset region: Global.
    Size: USD 4 bn..
    Closing date: 2019-02-11.

Begin Your Search Here