Asset servicing on SDX is an industry disruptor, formerly referred to as custody. SDX gradually offers all standard elements of asset servicing including asset life cycle management, corporate actions, tax and reporting services. What is truly differentiating is the use of smart contracts to automate a high proportion of it for both SIX/SDX as well as banking clients. With the option to directly access beneficial owner accounts, SDX can act as an asset servicing utility provider for its clients and enable them to focus on their value-adding services. Additionally, SDX acts as a gatekeeper, registrar and notary.