SuisseID identification system

New feature for Swissquote online trading

With SuisseID, customers can easily trade on all major stock exchanges from the comfort of their home.

Those with an account at the online bank Swissquote benefit from Swiss Post's secure identification system SuisseID, which gives more than 200,000 customers access to trading on all of the world's major stock exchanges.

A Swissquote customer used to work as a financial advisor. Today he is retired, but still interested in the financial markets. He knows the key trends and trades worldwide on the stock exchanges – using his bank's website from the comfort of his own home. This is possible thanks to SuisseID, with Swiss Post's electronic proof of identity tool now used by the Swiss online broker Swissquote Bank Ltd for secure customer login and transaction confirmations in online trading.

“A simple and secure solution”

“To meet the growing needs of our customers, we were looking for a simple and secure solution for our online trading login, and a solution that also makes it easier to open an account”, says Giuseppe Tafuro, Director and Branch Manager at Swissquote. The online bank benefits from more efficient processes while incurring no development or operating costs for its own electronic identification system. The solution is standardized, does not require a dedicated server and could be easily integrated into Swissquote's IT infrastructure.

Digital signatures

Swiss Post's SuisseID service package also includes a signature service, enabling electronic documents to be easily and legally signed by one or more people, and a mobile service for the use of SuisseID on mobile devices. First introduced in 2010, SuisseID is now used in some 240 online applications by end customers and companies. Examples include electronic legal transactions between lawyers and courts, for business processes within companies, and by customers of the Ticketcorner and Swisslos platforms. SuisseID is enjoying growing popularity among users.