SIX Payment Services has apologised after a technical glitch caused a number of debit card transactions in Switzerland and Liechtenstein to be accidentally booked twice on 22-23 January. Following the disaster, SIX managed to reverse 99.93% of the double bookings, with the remainder due to be reversed individually in the coming days. On average SIX […]
Switzerland’s Zürcher Kantonalbank has installed a performance monitoring system from latency management specialist firm Corvil to monitor the performance of its market making and FX business, including market data quality, transaction analysis and FX order flow.
Banco Itaú Suisse, the Swiss business of Latin American bank Itaú Unibanco, has chosen a private banking business system from software vendor ERI as part of a drive to make the Swiss unit a central hub for the Group’s European private banking business.
Speed is becoming less of a competitive advantage for exchanges as regulation and the need to support long-term investors comes to the fore, according to Christian Katz, chief executive at SIX Swiss Exchange.
