[ T H O U G H T L E A D E R S H I P | S I X ]
Sibos , connectivity increasingly hinges on technological innovation . Barring a major shock that destabilises the global order and disrupts the technology that binds us together , technology can continue to bring markets closer together while also delivering new efficiencies . Nowhere is this more obvious than in the world of digital assets and the underlying digital ledger technology . Great progress is being made with DLT , as central banks across the world trial central bank digital currencies ( CBDCs ) which have the potential to transform the way we work . However , there is still a long way to go .
We should expect market participants to operate with a growing mix of digital and traditional assets . Operating both in an efficient way while retaining the flexibility between the two worlds requires connectivity between the different structures . SIX has been at the forefront of this innovation with the SIX Digital Exchange , which is connected to our leading international CSD , providing market participants with the ability to move assets between the two worlds .
The role of an FMI So , exciting developments are ahead of us in the financial markets . To ensure these changes are implemented smoothly we must be on the front foot , retaining the strong bonds of connectivity in markets today and enabling new forms of connectivity between emerging assets and markets . In making this a reality , the role of an FMI has never been more important . No longer confined to the plumbing of domestic markets , FMIs are at the cutting edge of technological innovation with global presence , providing the foundations for continued success . The role of SIX and our peers working collaboratively together with the market and regulators will ensure the smooth functioning of markets and new opportunities are realised .
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