Swiss financial data and market infrastructure provider SIX has entered into a seven-year strategic partnership with Barclays to support the bank’s international expansion and drive efficiency across its global operations.
SIX and Barclays Agree Seven-Year Strategic Partnership
The agreement will give Barclays access to SIX’s suite of financial information services, including real-time market data, regulatory reporting tools, and cross-asset data solutions, covering its investment banking, retail, wealth, and corporate businesses.
Barclays will also collaborate with SIX on product development and the creation of new data-driven solutions.
The deal comes as the bank undertakes a strategic overhaul aimed at simplifying operations and cutting £2 billion in costs by 2026.
Marion Leslie, Head of Financial Information and Executive Board Member at SIX, said the partnership “will play a pivotal role in Barclays’ impressive growth story,” adding that access to advanced data capabilities will be “essential in protecting margins and laying the foundations for growth.”
Georges Lauchard, Chief Operating Officer for Global Markets and Wholesale Lending at Barclays, said: “Accelerating our digital transformation with the help of leading market data vendors like SIX is a central tenet of our expansion strategy.”
The partnership also strengthens SIX’s international footprint, aligning with its recent product launches, including new fixed income and digital assets data services, as it expands its reach in key global markets such as the U.S. and Asia.
