SIX Digital Exchange (SDX) is building one of the world’s first fully regulated and compliant exchanges for digital assets. Securosys is assisting in delivering integration packages between Securosys HSM and R3’s Corda Enterprise nodes covering the key cryptographic aspects required to meet SDX’s stringent compliance requirements. Thanks in large part to the long-standing partnership between SIX and Securosys, the same levels of security and trust in today’s Swiss market infrastructure will be built into SDX as it grows to become the financial market infrastructure for digital assets of the future.
As a highly regulated and trusted financial market infrastructure provider, SIX must operate at the highest level of security and stability. SDX will serve the entire value chain in capital markets, starting with primary markets for the initial offering of digital assets, listing, trading, settlement and custody services and operate as a fully regulated financial market infrastructure (FMI).
For this, Securosys has enhanced its tamper-resistant hardware security module firmware to ensure privacy in DLT-based trading . The solution encrypts confidential identity keys that guarantee the privacy of the key holders who make transactions on R3’s Corda business network – an important prerequisite for the SDX Blockchain platform.
Tomas Kindler, Head SDX, said:
"We are building the digital exchange of the future, so the ability to adapt and evolve the ecosystem over time is critical. Securosys' cyber expertise and proven track record make this partnership ideal for our purpose".
Robert Rogenmoser, CEO and founder of Securosys, said:
"The Securosys Primus Hardware Security Module (HSM) provides the speed, security, and features to allow confidentiality of legal identities and operates in accordance with SIX’ stringent data protection model. This process ensures the privacy of the key owner and the speed of transactions while maintaining their security."
SIX
SIX operates and develops infrastructure services in the Securities & Exchanges, Banking Services and Financial Information business units with the aim of raising efficiency, quality and innovative capacity across the entire value chain of the Swiss financial center. The company is owned by its users (120 banks). With a workforce of some 2,600 employees and a presence in 20 countries, it generated operating income in excess of CHF 1.9 billion and Group net profit of CHF 221.3 million in 2018.
www.six-group.com
SDX
SIX Digital Exchange (SDX) is the first regulated market infrastructure in the world to offer a fully integrated end to end trading, settlement and custody service for digital assets. The service will provide a safe environment to issue, trade and custodise digital assets as well as enable the tokenization of existing securities and non-bankable assets to make previously untradeable assets tradeable.