Home > Term: SECOM system
SECOM system
Also known as Settlement Communication System (formerly: SEGA Communication System). The SECOM system is a technical platform for the settlement of national and international securities transactions. SECOM is one of the few systems in the world that offers real-time settlement. The SECOM system is linked to other systems, such as the SWX system (Swiss Exchange) and the SIC system (Swiss Interbank Clearing).
- Part of Speech: noun
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
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Creator
- Stefan K
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