“In Switzerland, we are in the early days of open banking and we have several players and initiatives, many focus on technical aspects only. Our approach is a bit different, we not only focus on the technical aspects (we do have the technical expertise to run reliable and scalable financial infrastructure), but I think we also understand the challenges that banks have with regard to legal and compliance matters.”

— Sven Siat, SIX

In this episode, we talk with Sven Siat, Head Connectivity at SIX, the Swiss Exchange Group, and you will find out more:

The state of Open Banking in Switzerland and comparison to the EU
PSD2 in the EU - is fostering cooperation between banks and FinTechs in a balanced way, or not?
Can we have one standard worldwide for connecting FinTechs and banks, or will we end up with the electrical sockets situation?
How does one develop an enterprise-grade platform in Switzerland with multiple stakeholders? Example: pilot data exchange program involving UBS, Credit Suisse, Klara and Abacus
b.Link, a platform for standardized interfaces open to the banks, FinTechs and software providers, developed by SIX, enabling them to provide account information or payment services: key clients and onboarding
What's in store regarding the connectivity of the financial institutions in Switzerland for later this year

Find out more about b.Link, the platform connecting banks and FinTechs in Switzerland, here.

This episode of the Financial Markets Series was brought to you by SIX, the Swiss Exchange Group. If you would like to learn more about SIX, please go to www.six-group.com.

The intro and outro messages were kindly narrated by Sara Palmbush, PR and content specialist.