SIX and Piraeus Bank announced the launch of an enhanced cross border access model that improves how international institutional investors connect to the Greek equity market.
The new setup integrates the global market infrastructure capabilities of SIX with Piraeus Bank’s local servicing platform, enabling a more efficient, transparent, and scalable operating framework for global investment flows.
By consolidating direct connectivity, streamlined post?trade processes, and servicing, the firm says the framework supports the growing demand for exposure to Greece’s equity market.
Under this model, SIX assumes the role of a direct participant at Hellenic Central Securities Depository (ATHEXCSD), enabling the safekeeping of Greek equity instruments directly at the central securities depository.
Piraeus Bank, drawing on its local market experience and infrastructure, provides the interface between SIX and ATHEXCSD, ensuring seamless connectivity, process integrity, and full adherence to Greek market practices.
Christos Megalou, CEO of Piraeus Financial, remarks: “Through this partnership, we are strengthening international investor connectivity to the Greek market by implementing a seamless, transparent, and operationally robust direct?access model — introduced for the first time in Greece — which enhances the market’s structural stability, reliability, and overall quality of service delivery.”
Francisco Béjar, head custody at SIX, adds: “It enables us to offer institutional investors a more efficient, secure, and consistently delivered access route into Greek equities. This initiative underscores our commitment to enhancing cross?border accessibility and elevating service quality through robust operational standards and resilient infrastructure.
“By combining Piraeus Bank’s local insight with the global capabilities of SIX, we are strongly positioned to generate sustainable value and meet the evolving expectations of institutional investors worldwide.”
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