Swiss stock exchange operator SIX wants to offer safe cloud services in Switzerland. It has teamed up with a tech company that has its roots in real estate.
SIX and Hiag Data intend to enter into a strategic partnership to offer safe Swiss cloud services, SIX said in a statement on Wednesday.
SIX and Hiag want to make it easier for financial services companies to use external server to store data safely. Their target businesses operate in banking, insurance and medical insurance, SIX said.
Real Estate Background a Bonus
Hiag Data is a fairly new firm, but has the backing of Hiag Immobilien, a Swiss real estate company. Hiag Data will use the infrastructure of Hiag Immobilien for the placement of its data centers.
The cloud offering of SIX and Hiag Data is a product much sought after by the banking industry. Microsoft recently won a huge contract from UBS not least because it operates data centers in Switzerland (as required by the regulator).
