SIX Group AG
SIX operates the infrastructure for the financial centers in Switzerland and Spain. It provides services for a broad international clientele in the securities business, the processing of financial information and banking services.
With the aim of entering the new market for regulatory documents, SIX chose ARIVA as its cooperation partner.
The PRIIPs regulation, which came into force in 2018, has established a new market for regulatory documents, which SIX has developed in cooperation with ARIVA. In order to better protect investors and reduce their risk, more transparency and better comparability are to be created with the help of standardised documents in simple language. The large number of providers of financial products were now faced with the challenge of creating the documents required by the regulations on the one hand, and on the other hand delivering them to the distributors requesting them via a channel that was as standardised as possible – digital, up-to-date and comprehensible.
The DocHub was implemented as a fully automated platform.
The DocHub was developed in partnership. Since then, SIX has enabled a large number of European banks to seamlessly access correct and always up-to-date investor protection documents in order to comply with the provisions from PRIIPs, MiFID II and FIDLEG – the Swiss equivalent to the EU regulations.
The DocHub ensures that Key Information Documents (KIDs) and other regulatory and marketing documents are digitally available in the core banking systems and e-banking of financial institutions – at any time.
Banks with access to the DocHub have the advantage of being able to meet the requirements of current and future investor protection regulations with a single platform.
It is one of the most comprehensive document platforms available on the financial market. It covers 6.5 million financial instruments with more than 30 million documents from over 950 producers.
ARIVA is a trustworthy partner for the development and operation of our platform. The continuity in the team ensures the preservation of know-how and active participation in the ongoing optimisation.
APIs and standardised export files in various formats provide SIX’s clientele with access to the document universe for easy integration.
Meet regulatory requirements - simply and efficiently.
Discover our user-friendly complete service from a single source.