News & Media

Shard Capital increases its global custody capabilities by partnering with SIX

June 10, 2022

Shard Capital Partners LLP is delighted to be partnering with the financial infrastructure operator SIX, to expand its Custody offering and increase its global reach.

As the leading and trusted Financial Market Infrastructure operating Central Securities Depositories (CSDs) in Switzerland and Spain as well as integrated international Custody services worldwide, SIX has a long-standing track record in delivering comprehensive and high-quality Custody services to wealth managers.

This new sub-custodian relationship will help Shard Capital further its wealth management aspirations by providing clients with the highest level of security for their assets and the best service at the greatest value. It also gives Shard Capital access to global, multi-jurisdictional support to continue its strategic global expansion.

The partnership will complement Shard Capital’s current custody arrangements, ensuring that the best service at the greatest value is available to all clients.

Commenting on the news, Toby Raincock, CEO, Shard Capital, said: “This is another important step in Shard Capital’s growth story, enabling us to bolster our custody capabilities and maintain our focus on providing quality, value propositions to our clients. Asset custody is of huge importance to our business and by partnering with a global operator such as SIX, we can better service our clients’ needs. We are now extremely well-placed to continue to progress our wealth management division thanks to our breadth of investment management expertise, sophisticated platform technology and range of high-class sub-custodians.

“Following our successful entry into the Irish market in September 2021 and the launch of Shard Capital Jersey’, we are continuing to focus on strategic global expansion and this partnership represents a fantastic opportunity to help accelerate this growth.”

Javier Hernani, Head Securities Services, SIX commented: “We are delighted to partner with Shard Capital and are looking forward to a close and strong collaboration. Our best-in-class market access models, expertise and integration capabilities combined with our growing international presence are the basis for flexible end-to-end Custody services tailored to clients’ needs and ensuring highest client experience. With the recently established teams, one in Singapore and one in the United States, SIX is now able to provide even more direct market access internationally, enabling us to offer relevant market know-how to Swiss and international customers. We are growing for our clients and at the same time supporting them in their growth and expansion ambitions.”

For further information, please visit www.shardcapital.com or contact:

Media Enquiries

Shard Capital c/o SEC Newgate      ShardCapital@secnewgate.co.uk
Sally Walton            Isabelle Smurfit     +44 (0) 7961 463 864 +44 (0) 7525 133 461

SIX

Media Relations: T +41 58 399 2227 or pressoffice@six-group.com

Shard Capital:

Shard Capital is a leading, London headquartered wealth manager. It also offers investment, dealing and capital markets services to private, corporate and institutional clients, supporting them to achieve a broad range of objectives through its highly tailored service. Shard Capital uses a range of platforms, markets or financial instruments to meet its clients’ needs.

In just 10 years, Shard Capital has grown organically to manage and administer more than £1bn of assets. The Shard Capital team includes more than 75 specialists in the UK and abroad and its leadership team has a proven track record in successfully managing financial and professional services companies, gained at brands such as Barclays, Deutsche Bank, Brewin Dolphin, KPMG and EY.

SIX:

SIX operates and develops infrastructure services for the Swiss and Spanish Stock Exchanges, for Post-Trade Services, Banking Services and Financial Information with the aim of raising efficiency, quality and innovative capacity across the entire value chain of the Swiss and Spanish financial centers. The company is owned by its users (120 banks). With a workforce of 3,685 employees and a presence in 20 countries, it generated operating income of CHF 1.5 billion and Group net profit of CHF 73.5 million in 2021.