4. Internal
Information
4 Source: Global Innovation Index 2018 by WIPO, July 2018
A HISTORY.
OF DISRUPTION.
Switzerland is ranked the N°1 innovative
country in the world for the 8th year in a
row and we have a track record to back it
up. Like in 1996, SIX introduced electronic
trading, profoundly disrupting the stock
exchange industry for good.
The Swiss Way.
+
5. Internal Information5 Source: SIX Group
STRONG,
STABLE, SOLID.
Switzerland is stable, socially and politically,
as well as financially. SIX operates SIC, the
interbank clearing system that allows banks
to handle their large value and retail
payments – with that, SIX is actually running
the payment system for the national bank.
The Swiss Way.
+
6. Internal
Information
6 Source: FINMA
TIGHTLY REGULATED.
FINMA, the Swiss regulator, has set
extremely high benchmarks. Switzerland
has only one CCP, one CSD, and one
company running payments for its national
bank. All of that is SIX. FINMA
has only issued 7 FMI licenses. We hold
6 of them.
The Swiss Way.
+
9. SDX is the home of the
best in class and most
trusted digital
exchange services
worldwide and the
leading marketplace for
digital assets.
9 Internal
information
Our Vision
10. From “Internet of Information” to “Internet of Value”
10
SDX Value Proposition
Internal
Information
www
DLT, Blockchain
Transfer of Information
without Internet
Transfer of Information
with Internet
Transfer of Value
without Internet
Transfer of Value
with Internet
11. Product groups
11
SDX Value Proposition
Internal
Information
New
digital tokens
(bankable)
Primary market
services
(IDO)
non-bankable
assets
14. SDX simplifies the Trading and Post Trading Architecture
14
Riskless Trading
Internal
Information
Member (Seller) Member (Buyer)
Trading
Matching Engine
Clearing
with collateral
T + 2 days
micro seconds micro seconds
Settlement
SWIFTSWIFT
Core BankingCore Banking
T + 2 days
8x5
Bank A Bank B
FIX, OTI, QTI FIX, OTI, QTI
15. SDX simplifies the Trading and Post Trading Architecture
15
Riskless Trading
Internal
Information
Member (Seller) Member (Buyer)
Trading
Matching Engine
Clearing
with collateral
T + 2 days
micro seconds micro seconds
Settlement
FIX FIX
SWIFTSWIFT
Core BankingCore Banking
T + 2 days
8x5
Bank A Bank B
Member (Seller) Member (Buyer)
Trading
Matching Engine
Atomic Settlement
Atomic
micro seconds micro seconds
FIX, OTI, QTI FIX, OTI, QTI
DLTDLT
Atomic
Bank A Bank B
DLT Node
8x5
DLT Node DLT Node
17. SDX Platform
17
CSD: Smart Assets and Decentralized Holdings
Internal
Information
SDX Platform
SIC
CHF
Bank
Company
Existing SIX components
SDX Platform
SDX CSD Network
Other Business Networks
(NaaS)
Matching
[Trading]
Connectivity
Mgmt
Notary
19. Cash-Leg Models
19 Internal
Information
SIC
SNB
RTGS Connector
Bank A
Reserve Account
Bank A
Settlement
Account
Bank B
Settlement
Account
Bank B
Reserve Account
no cash on DLT
DLT
Omnibus
SIC
DLT
SNB
SDX Omnibus
SDX
Node
Bank A
Wallet
Bank A
Settlement
Account
Bank B
Wallet
Bank A
Reserve Account
Bank B
Reserve Account
Bank B
Settlement
Account
w-CBDC
SIC
SNB
Bank A
Reserve Account
Bank B
Reserve Account
Bank A
Wallet
Bank B
Wallet
SNB
Node
DLT
SIC API
26. 26
This presentation and the information contained herein is strictly confidential. It is intended to be a working
document and not to represent a final assessment. Contents of the presentation are for educational purposes
only and do not replace independent professional judgment. SDX does not assume responsibility for accuracy or
completeness of the information presented.
Disclaimer
Internal
Information