Trust & Governance

We Hold Ourselves to the Highest Standard in Financial Market Infrastructure.

Trust is built through governance, transparency, risk management, and consistent performance, not through marketing.

PFMI Alignment

Built to the CPMI-IOSCO Principles for Financial Market Infrastructures.

The PFMIs are the global gold standard for systemically important clearing houses, settlement systems, and trade repositories. Sika actively aligns with the CPMI-IOSCO Principles, conducting ongoing assessments to ensure continuous compliance and robustness

All CPMI-IOSCO Principles

Legal BasisGovernanceRisk Management FrameworkCredit RiskCollateralMarginLiquidity RiskSettlement FinalityMoney SettlementsPhysical DeliveriesCSD & Exchange of ValueParticipant Default RulesTiered ParticipationGeneral Business RiskCustody & Investment RiskOperational RiskAccess & ParticipationFMI LinksData ReportingTransparencyCommunication ProceduresDisclosure of RulesDisclosure of Market DataDefault Fund
Governance Structure

Governed to Utility Standards.

Independent Board
Majority independent directors drawn from financial market infrastructure, regulatory, and academic communities. Meets quarterly with full agenda publication.
Risk Committee
Responsible for margin methodology, default management framework, and stress testing. Reports to the Board with independent risk function oversight.
Participant Committee
Provides market practitioner input into rule-making and governance decisions. Ensures participant interests are represented in Sika's operational framework.
Compliance & Security

Compliance, Data Security & Resilience.

AML & KYP
Know Your Participant
Entity verification, beneficial ownership disclosure, real-time sanctions screening across OFAC, UN, EU, HMT, and domestic lists. Ongoing transaction monitoring per FATF recommendations.
Data Security
GDPR Compliant
All participant data encrypted at rest and in transit. No participant data shared outside regulatory reporting obligations.

Request Our Governance Documentation

PFMI self-assessment, governance framework, and risk management documentation available to regulators and investors.

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