SIX includes all mortgage notes of UBS register

SIX Securities Services announced Thursday that UBS found its first customer for its new management service mortgage notes registry for credit institutions based on Terravis platform. L `entity will become the Swiss Exchange during June` s interface between the large bank and notary and land registry offices, the statement said.

This service will allow UBS `s` exploit full potential of trade: lower costs, faster processing, harmonization of processes for paper and electronic and standardized handling regardless of cantonal special media, the group said.

Terravis developed by SIX is a portal to information about the `Land Registry in Switzerland. Since January 2012, Terravis also enables electronic transactions between the land registry offices, notaries and banks.

The group adds `s ready to accommodate for other customers, which should ultimately make Terravis a platform for centralized processing of mortgages and land registry.

The cantons of Thurgau, Uri, Glarus, Basel-Country, Ticino and Graubünden third are already connected.