SWI SIX Finance IPNet Discontinued


On Jun. 10, SWI SIX said customers must migrate by end Sep. 2024.


  • SWI SIX will discontinue Finance IPNet as an access channel to its infrastructure services at end of Sep. 2024; replaced by Secure Swiss Finance Network (SSFN).
  • Migration Update
  • Secure Swiss Finance Network (SSFN) communication network will replace Finance IPNet as the access channel for SWI SIX customers at the end of Sep. 2024.
  • As of May 2024, around 90% of affected SIX customers had initiated migration.
  • Approx. two-thirds of SIX customers have SSFN connection and in process of migrating to the services, or have already done so; customers who will continue to rely on access channels other than SSFN, e.g. proprietary fiber connections, also making progress.
  • All SWI SIX customers with a Finance IPNet connection are requested to follow the fully migrated customers and complete migration to SSFN in good time.

Regulators SWI SIX
Entity Types B/D; Corp; Exch
Reference PR, 6/10/2024
Functions Compliance; Operations; Trade Reporting; Trading
Countries Switzerland
Category
State
Products Corporate; Derivatives; Equity; Fixed Income; Securities
Regions EMEA
Rule Type Final
Rule Date 6/10/2024
Effective Date 9/30/2024
Rule Id 215432
Linked to N/A
Reg. Last Update 6/10/2024
Report Section EU

Last substantive update on 06/13/2024