Swiss Stock Exchange has appointed Planixs, an intraday cash, collateral, and liquidity management solution provider, to work on its real-time treasury platform.
The selection of the Manchester-based firm was made after a “rigorous” evaluation process for selecting the right platform.
The Most Diverse Audience to Date at FMLS 2020 – Where Finance Meets Innovation
Planixs will provide Realiti’s real-time liquidity management capabilities combined with cash management and operations, vostro (client account) liquidity services, and real-time matching.
Swiss Stock Exchange is a subsidiary of SIX and one of Europe’s key regulated exchanges and is the reference market for over 35,000 Swiss securities
Suggested articles
Did COVID-19 Save the Forex Industry?Go to article >>
Under the partnership, SIX will initially roll out Realiti modules across the Swiss Stock Exchange to improve cash and liquidity management, increase automation and enhance liquidity optimization processes – with the option to roll out additional modules in the future to extend the capability, the announcement detailed.
Commenting on the development, Neville Roberts, CEO of Planixs, said: “We are delighted to have been selected by SIX to deliver our real-time solutions to the Swiss Stock Exchange. Our Realiti suite will support SIX across its treasury management processes, providing a platform that offers best practice in intraday cash and liquidity management. We look forward to a long working relationship with the Group.”
Apart from the Swiss exchange, Realiti’s customers include Lloyds Banking Group, Landesbank Baden-Württemberg (LBBW), Scotiabank, Zenith Bank, and Bank Leumi.
SIX’s focus on expansion
SIX has recently acquired the Spanish stock exchange operator BME, thus becoming one of the leading global stock market operators.
Last week, the exchange also launched its Triparty Agent system to enhance liquidity management in the Swiss repo market. SIX recently onboarded two new players – UBS, and Finanz und Wirtschaft – as the new members of its Stage program.
"exchange" - Google News
July 02, 2020 at 07:26PM
https://ift.tt/31JceEV
Planixs Wins Swiss Stock Exchange’s Real-Time Treasury Contract - Finance Magnates
"exchange" - Google News
https://ift.tt/3c55nbe
https://ift.tt/3b2gZKy
Exchange
Bagikan Berita Ini
0 Response to "Planixs Wins Swiss Stock Exchange’s Real-Time Treasury Contract - Finance Magnates"
Post a Comment