Sovereignty is the backbone of the Swiss financial sector
The journey to the cloud offers unparalleled opportunities for efficiency, scalability, and innovation. However, it comes with a unique set of challenges, from ensuring the utmost security of sensitive financial data to navigating complex regulatory landscapes. PHOENIQS helps organizations mitigate risk and accelerate financial service cloud adoption for even their most sensitive workloads.
Trends and Requirements
Regulatory trends in Switzerland’s financial sector are focused on anti-money laundering (AML), regulation of currencies, sustainable finance, data protection, and privacy. New binding requirements, aligned with EU regulations, aim to enhance transparency through non-financial reporting and tackle climate-related risks. There's also an emphasis on preventing greenwashing and ensuring genuine sustainability in financial practices. The forthcoming rules highlight the need for a coordinated approach to manage regulatory complexity.
Issues to tackle
What we offer
Security
Protecting sensitive data is crucial in the finance world. We provide state-of-the-art cloud security for financial services, including confidential computing, encryption at rest, in-flight, and in-use, identity management, and secure access controls, ensuring the confidentiality and integrity of sensitive data.
Sovereignty
We ensure that your data is safeguarded at the highest level. With our sovereign cloud solution, we offer data-, technological- and operational sovereignty, backed up by three data centers strategically located in the region of Zurich and one in Basel.
Disaster Recovery Plan
Guarantee continuous uptime for your most critical applications and data, without the cost and complexity of building and maintaining a disaster recovery site. With our backup and disaster recovery plan solutions, you can ensure that your services stay up and running in the event of any technical issues.
Compliance
Our services are designed to facilitate compliance with ISO 27001, ISAE 3402 Type 2, and FINMA circular 2018/3, reducing the burden on financial organizations.
How can Swiss banks use generative AI while remaining compliant?
Banks can use generative AI in a compliant manner if data sovereignty, security, and governance are built into the architecture from the start. With a sovereign Swiss AI infrastructure, PHOENIQS enables the use of powerful AI models in controlled environments—with Swiss data storage, confidential computing, clear access controls, and without sensitive data ever leaving the protected environment. This allows banks to harness the potential of generative AI while meeting both regulatory and internal compliance requirements.
A state-of-the-art AI stack from Switzerland via the PHOENIQS AI Model Service and the PHOENIQS AI Platform.
Data residency in three data centers in the Zurich region and two in Basel.
Confidential computing plus encryption at rest, in transit, and during processing.
No risk of the U.S. CLOUD Act, no extraterritorial dependency.
No use of bank customer data for model training.
Open-source approach for technological independence and no vendor lock-in.
The Swiss Sovereign AI Model Service for Financial Services
PHOENIQS offers financial service providers secure and sovereign access to powerful AI models—hosted and operated on Swiss infrastructure. The AI Model Service enables the use of various models for inference without using sensitive customer or company data for model training. This allows banks to combine AI innovation with data sovereignty, security, and regulatory control.
FAQ