DIGITAL CAPITAL MARKETPLACE FOR SWISS BOND MARKET

 

Raiffeisen is the first Swiss bank to launch a digital capital market platform. The platform, which enables the digital execution of issues on the Swiss bond market, is scheduled to go to market in the first quarter of 2020. The business idea will be implemented in a wholly owned subsidiary of Raiffeisen Switzerland called Valyo AG.


St.Gallen, November 26, 2019. With its digital capital marketplace for the Swiss bond market Raiffeisen is further expanding its digital offering and actively participating in the digitalization of the Swiss financial market. On the new capital marketplace, issues can be processed easily and at market-driven conditions can be processed completely digitally. Swiss bond issuers are directly connected with investors on the platform.

Issuers can issue their bonds on the platform and complete all the steps from recording to opening the book, signing the contracts and arranging the listing directly on the platform. The settlement of the repayment of coupon and bond can also be sent via the system. The functionalities ensure transparency in the book and in the pricing and ensure the traceability of the allocation. Market participants are supported by proven financial market experts.

It is planned to continuously expand the platform for further products and solutions. To increase agility, and innovative strength, the business idea will be implemented in a start-up company called Valyo AG. A wholly owned subsidiary of Raiffeisen Switzerland. Daniel Schwab will take over the management of Valyo AG. Schwab worked from 1984 to 1993 as a client service manager and client advisor at Swiss Bank Corporation SBC (now UBS AG) before moving to Swisscom AG in 1993. As Head of Group Financing and later as Group Treasurer, he was responsible for the development of the treasury and in this function managed various large financing transactions in the domestic and foreign capital markets. Schwab holds an MBA from the IMD Business School in Lausanne.

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