Planixs selected by SIX to Transform Real-Time Treasury Operations

six group planixs realiti
Pete McIntyre, the liquidity expert

Written by Pete McIntyre

July 2, 2020

SIX is responsible for operating the critical infrastructure that underpins the Swiss financial system and has recently acquired the Spanish stock exchange operator BME. The Swiss Stock Exchange is one of Europe’s key regulated exchanges and is the reference market for over 35,000 Swiss securities. The Swiss Stock Exchange is responsible for Listing, Trading and Post-Trade encompassing Clearing, Settlement, Swiss & Global Custody and asset servicing.

After a rigorous selection process, Planixs was selected as the strategic real-time treasury solution supplier to the exchange. Planixs will provide Realiti’s market leading real-time liquidity management capabilities combined with cash management and operations, vostro (client account) liquidity services and real-time matching.

The project will see SIX initially roll out Realiti’s Intraday Liquidity Management, Funding and Forecasting, Intraday Reconciliations and Vostro (Client account) Management modules across the Swiss Stock Exchange to improve cash and liquidity management, increase automation and enhance liquidity optimisation processes – with the option to roll out additional modules in the future to extend capability.

Neville Roberts, CEO of Planixs, commented: “We are delighted to have been selected by SIX to deliver our real-time solutions to the Swiss Stock Exchange. Our Realiti suite will support SIX across its treasury management processes, providing a platform that offers best practice in intraday cash and liquidity management. We look forward to a long working relationship with the Group”.

Realiti continues to be the pioneering intraday cash, collateral and liquidity management solution in the market with customers including Lloyds Banking Group, Landesbank Baden-Württemberg (LBBW), Scotiabank, Zenith Bank and Bank Leumi. Its SaaS or on premise delivery models and high performance and scalable architecture mean that Realiti can be deployed with minimal intrusion to a firm’s infrastructure, rapidly delivering business value.

About Planixs:

Planixs provides cloud-enabled solutions that power any treasury in any industry to become real time with instant insight, rapid analytics, intraday control and agile liquidity. Realiti from Planixs is a complete suite of modules built to deliver instantaneous insight over vast data volumes with devotees across funding, liquidity, compliance, risk and beyond. Realiti Essentials provide smaller banking firms with out-of-the-box treasury software to control intraday liquidity risk and deliver regulatory compliance, without needing to invest in an enterprise liquidity solution.

Planixs Contacts:

Tim Page
Global Head of Sales
Mob: +44 (0) 7725 673126

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