The Scila Code of Conduct
Our Code of Conduct defines the ethical guidelines and behavioral standards expected from everyone involved with Scila. It serves as a foundation for our commitment to maintaining a safe, fair, and inclusive environment where respect, integrity, and professionalism are at the core of everything we do.
Our Code of Conduct reflects who we are as a company – our vision, values, policies, and ethical principles. It fosters a respectful and collaborative work environment, promoting open communication, constructive feedback, and supportive coaching among employees at all levels. By cultivating a culture of mutual trust and continuous learning, we create a positive and productive atmosphere where everyone feels valued and respected.
We believe that everyone associated with Scila should take pride in the way we operate as a company. Our goal is to create meaningful value for our customers, colleagues, owners, and society as a whole.
Our reason for being
Scila’s mission is to build confidence in financial markets through innovative software. Solutions that enable fair, transparent and efficient financial markets, which are essential for a thriving economy and a well-functioning society.
Sustainable and ethical behavior are key components of this mission, as we strive to foster transparent, ethical, and responsible financial markets while promoting social responsibility and minimizing our environmental impact.
Our vision & values
In 2008, our founders agreed on three cornerstones for building Scila that are still at the center of our company and our offering. These original values define who we are and how we operate, shaping our commitment to creating a positive impact based on trust, integrity and efficiency in all markets alike. They provide a shared sense of purpose, guiding our decisions and interactions while fostering an environment of trust, innovation, and accountability. By embedding these values into everything we do, we create a strong and cohesive workplace where employees feel empowered and engaged.
Our Vision
To set the global standard for fintech solutions for market participants, marketplaces and regulators, delivering maximum value to our customers while ensuring the financial well-being of both individuals and institutions.
Our Values
Trust comes first
Trust is the foundation of everything we do. We build lasting relationships with our customers by understanding their needs, exceeding expectations, and delivering real value. Integrity and transparency guide our actions, ensuring ethical business practices and responsible data handling.
Within our team, we foster a culture of respect, inclusion, and empowerment. We believe in our people, encouraging ownership, initiative, and continuous growth. When trust thrives, so do we — together.
Excelling through agility
We embrace change, adapting swiftly to meet evolving customer needs. Agile at heart, we prioritize efficiency, innovation, and seamless solutions. Customer feedback drives our progress, ensuring our products and services deliver real impact.
By leveraging technology and streamlined processes, we stay ahead — ready to support our customers with speed, precision, and unwavering commitment.
Always innovating
We push the boundaries of fintech, delivering market-leading solutions through expertise and innovation. With a culture of continuous learning and creativity, we invest in research, engage with industry leaders, and proactively refine our offerings.
Collaboration is key, by valuing diverse perspectives and working as one, we drive progress and deliver exceptional results.
Values as a guiding principle for leadership
For us, leadership is about more than titles — it is about mindset. While we have a formal structure, we believe everyone can be a leader. We empower individuals to take initiative, make decisions, and drive both personal and company growth. Our leaders lead by example, fostering an environment where people feel valued, trusted, and motivated.
Our leadership principles are built on:
- Agility & Efficiency
Leaders adapt quickly, streamline processes, and encourage smart decision-making in self-driven teams. - Innovation & Learning
Creativity thrives when new ideas are welcomed. Leaders challenge the status quo and support continuous learning. - Empowerment & Growth
Trust and ownership fuel success. Leaders mentor, encourage, and open doors for new opportunities. - Accountability
Owning successes and setbacks builds a stronger team. Leaders take responsibility and promote a learning culture. - Customer Focus
Understanding and prioritizing customer needs drive long-term relationships and innovation. - Respect & Inclusion
A diverse and supportive workplace brings out the best in everyone. Leaders champion fairness and mutual respect.
By living these values, our leaders create a workplace where people thrive, grow, and contribute to our mission to build trust in financial markets through innovative technology.
Work Environment
People are at the heart of our success, and we are committed to fostering diversity & inclusion by building a workplace where different perspectives drive innovation. We prioritize employee well-being, creating a safe, healthy, and supportive environment for personal and professional growth.
We believe everyone should feel valued, respected, and empowered to do their best work. We are committed to fostering a positive, inclusive workplace free from discrimination, harassment, or any form of disrespect. Diversity makes us stronger, and we treat each other with kindness and dignity.
We also know that work is just one part of life. That’s why we promote a healthy work-life balance, encouraging our team to take care of themselves and find sustainable ways to thrive. Open communication is key, and we ensure that every employee has a voice. If concerns arise, we provide safe channels to speak up without fear of retaliation.
Together, we create a workplace where everyone feels welcome, supported, and able to grow.
Scila adheres to and complies with applicable local laws and regulations in the countries in which we have offices. We continuously work to prevent accidents and illness, but also to actively promote wellness.
The CEO is responsible for ensuring that Scila meets the standards of the work environment stipulated in the local regulations.
Ethical conduct & compliance
We hold ourselves to the highest standards of fair and honest practice in everything we do. This means respecting and complying with laws, regulations, internal rules and agreements at all times.
Conflict of interest
Trust and integrity are at the core of how we do business at Scila. In all financial matters, we are committed to protecting the interests of our company, shareholders, clients, and employees. To uphold this trust, we expect everyone – employees, officers, and directors – to maintain professional relationships and avoid situations that could create conflicts of interest.
Personal ties, whether through family, friendships, financial connections, or other dependencies, should never influence business decisions. If a potential conflict arises, we encourage openness and promptly disclosing any concerns to your manager, so this can be addressed in a fair and transparent manner. By acting with integrity, we strengthen our reputation and ensure that Scila remains a company people can rely on.
Anti-bribery and corruption
Bribery and corruption undermine fair competition, erode public trust, and damage our company’s reputation. Scila is committed to conducting business with the utmost integrity and in full compliance with all applicable anti-bribery and anti-corruption laws and regulations. We hold ourselves to the highest ethical standards. We have a zero-tolerance policy for bribery and corruption. No employee, officer, or director may offer, give, request, or accept bribes or improper advantages, whether directly or indirectly.
We are equally committed to preventing financial crime. Scila must never be used for money laundering or other illegal activities. Every employee and supplier are responsible for ensuring compliance with all applicable sanctions and avoiding any business with restricted individuals, entities, or governments.
By acting with integrity, we protect not only our company but also the trust of our clients, partners, and the financial markets as a whole.
Competition and fair dealing
We believe in strong but fair competition. We play by the rules and fully comply with all antitrust and competition laws wherever we operate. Engaging in anti-competitive practices is simply not an option.
Every employee is expected to uphold these standards, ensuring that our business remains ethical, transparent, and built on merit. By competing with integrity, we protect our reputation and contribute to a fair marketplace for all.
Protecting confidentiality and trust
Safeguarding confidential information is a responsibility we take seriously at Scila. Whether it belongs to our company, our customers, or our partners, protecting sensitive data is essential to maintaining trust and upholding our reputation.
All employees, officers, and directors must handle confidential information with care and discretion, strictly following Scila’s data protection policies, both during and after their time with us. This commitment extends to all information entrusted to us, including client and supplier data, internal business strategies, and proprietary technology.
Respecting privacy is not just about compliance; it’s about integrity. Regardless of a person’s nationality or residence, their information deserves to be handled securely and ethically. By upholding these principles, we ensure that Scila remains a trusted partner in the financial industry.
Information security
Safeguarding information is fundamental to our commitment to market integrity and trust. In 2023, we achieved ISO 27001 certification, demonstrating our dedication to the highest standards of information security. This certification reflects our structured and proactive approach to protecting sensitive data, ensuring compliance, and mitigating risks related to cybersecurity threats.
We continuously work to enhance our security framework, implement robust policies, and educate our employees on best practices. By maintaining a secure environment for our clients and partners, we uphold the integrity of financial markets and contribute to a more resilient financial ecosystem.
Our impact on the environment and society
We believe that sustainable growth is the only way forward. We are committed to aligning our operations and strategies with the United Nations’ Sustainable Development Goals (SDGs), recognizing our role in building a prosperous and responsible future for all.
We are dedicated to minimizing our environmental impact by optimizing energy use and continuously improving efficiency in our IT infrastructure to reduce our carbon footprint. We strive to reduce waste by implementing responsible recycling, electronic waste disposal, and sustainable resource management. We also work with vendors who share our commitment to environmental responsibility.
Social Responsibility
We recognize that financial market stability is not just an economic necessity but also a fundamental pillar of social security. Our core business is built around ensuring transparency, fairness, and resilience in financial markets, ultimately contributing to a safer and more predictable environment for individuals and businesses alike.
Market disruptions, whether caused by geopolitical events, economic crises, or unexpected fluctuations, can lead to increased volatility, introduce market risk and create opportunities for market manipulation. By providing solutions that detect and prevent such behaviors, Scila helps mitigate financial instability, protecting individual consumers from unnecessary costs and uncertainty.
Through our commitment to market integrity, we contribute to reducing economic risks, lowering costs, and increasing trust in financial systems, ultimately fostering a more secure society.
How we handle breaches
Scila will regularly monitor compliance with this Code and take appropriate action to address any violations. Employees, officers, and directors are encouraged to report any suspected violations of this Code or any illegal or unethical behavior through the designated channels, including the Scila whistleblower function. Reports will be treated confidentially to the extent permissible by law, and Scila prohibits retaliation against anyone who makes a good-faith report.
In addition to reactive measures, Scila works proactively to prevent potential issues by fostering a strong culture of integrity and awareness. This includes internal communications to ensure that all employees, officers, and directors understand the principles of the Code and how they apply to their roles. By promoting ongoing education and providing clear guidance, Scila aims to equip its personnel with the knowledge and tools needed to identify, prevent, and appropriately respond to ethical and compliance-related challenges before they arise.
