Created in 1991 by the 80 banks that were members of the Geneva stock exchange, the Geneva Financial Center (GFC) is the umbrella association of the financial sector. The financial sector generates 37,000 jobs and accounts for 17% of Geneva's GDP. It is based on three main pillars: private and institutional wealth management, commodity trade financing, and commercial and retail banking. With the presence of activities such as marine freight and inspection, Geneva has emerged as an economic cluster with a unique concentration of skills. The central mission of the Geneva Financial Center is to support this value chain and to contribute to the development of an optimal business environment for all financial center partners.
Organised by SWIFT, the global provider of secure financial messaging services, Sibos is the world’s largest financial services event.
In Switzerland, the FinTech ecosystem comprises dozens of start-ups with a unique expertise. To promote their innovativeness, in partnership with the Geneva Financial Center, AlpICT, Barclays, Temenos and the Swiss FinTech Association, the Canton of Geneva is hosting a “Swiss FinTech Corner” at Palexpo, Geneva, from September 26 to 29, 2016.