SIX and UnaVista set up Swiss trade repository
SIX has selected UnaVista as a partner to establish a central trade repository for derivatives transactions in Switzerland.
The partnership comes after increased demand from banks, and will use the reporting technology of London Stock Exchange Group’s UnaVista platform.
The solution will be operated and hosted by SIX, allowing Swiss clients to fulfil their reporting obligations under the Swiss Financial Infrastructure Act (SMIA), which is currently part of the parliamentary constitution.
