A private bank from Liechtenstein becomes the first member from the principality to list on the SDX Swiss Digital Exchange.
The SIX Digital Exchange (SDX) has added Kaiser Partner Privatbank to its Central Securities Depository (CSD) platform, marking This the first Liechtenstein member bank to join SDX, according to a statement Wednesday.
Kaiser Partner Privatbank offers services for financial intermediaries, including custody solutions for independent asset managers (IAMs) and funds, as well as asset management and private banking services for wealthy families
By using SDX's CSD platform. it will help the bank «meet these needs even better by improving efficiency throughout the investment process. Kaiser Partner has always strived to work with best-in-class partners to offer clients the best solutions possible,» said Christian Reich, CEO of Kaiser Partner Privatbank.
A Welcome Addition
SDX's strategy calls for expanding its network of participating members, and the addition of Kaiser Partner Privatbank is another step.
«Kaiser Partner Privatbank joining our CSD platform as an issuer and paying agent for digital securities represents a great moment for SDX. Kaiser Partner Privatbank’s services enrich SDX’s CSD offering and open up new opportunities for asset managers, family offices, and investors» said SIX Digital Exchange head David Newns.
The digital exchange aims to provide institutional clients with innovative, trusted, and efficient financial market infrastructure and services for digital assets.
