structuredVIEWS

Luma Financial Technologies signs Finanzlab to platform

Written by Chris Olson on Jun 30, 2021

This story is available in both French and German.

30 June, 2021 – Luma Financial Technologies, an independent, multi-issuer structured products and annuities platform, announced today that leading specialist structured product firm Finanzlab has selected to join the platform.

The move will enable Finanzlab, which specialises in the design, selection and brokerage of custom structured products, to leverage Luma’s award-winning technology to better serve the needs of its clients, which include wealth managers and private banks, across the market in Switzerland.

“We are delighted to have a firm of Finanzlab’s standing join the Luma platform,” said David Wood, Managing Director of Luma’s International Business. “Through Luma’s cutting-edge technology, Finanzlab will be able to create, order and manage structured products with a high degree of efficiency for all its clients across the Swiss market.” 

Finanzlab’s addition to the platform comes as Luma, which is backed by three of the world’s largest banks, continues its expansion into Europe as part of an international growth strategy. In January 2021, Luma opened an office in Switzerland led by David Wood, who has 18 years’ experience in investment banking, including managing director roles in the structured products divisions of Société Générale and Barclays. Luma recently announced that Konstantinos Pampoukidis, formerly of Leonteq Securities, had joined Luma’s business development team in Switzerland.

“Independence is of utmost importance to our customers and we believe that the market will be swift to move towards independent multi-issuer platforms like Luma,” said Vincent Bonnard, COO at Finanzlab. “For the first time ever, this will allow customers to freely choose their providers while keeping the same platform. We are thrilled to be working with Luma to design and build this future.

“Luma’s platform will further enhance the service we provide to wealth managers, private banks and institutional investors and we look forward to working closely with David Wood and his team as we continue to seek ways to offer innovative solutions to meet our clients’ needs.”

For more information on Luma Financial Technologies and the specific features the platform provides, please visit http://www.lumafintech.com

Media contact

MRM

Chris Duncan: +44 7717 782997

Milo Larkin: +44 7471 351584

About Luma Financial Technologies

Luma Financial Technologies is the creator of Luma, a fully customizable, independent, buy-side platform that helps financial advisors more efficiently learn, create, order and manage market-linked investments such as structured products, structured annuities and more.

Launched in 2011, Luma is one of the largest and longest-tenured structured product platforms in the U.S. market and is used by broker/dealer firms, RIA offices and private banks to automate and optimize the full process cycle for offering and transacting in market-linked investments. This includes advisor education and certification; creation and pricing of custom structures; order entry; and post-trade actions. Luma is multi-issuer, multi-wholesaler and multi-product, thus providing advisors with an extensive breadth of market-linked investments to best meet clients’ specific portfolio needs.

Headquartered in Cincinnati, OH, Luma also has offices in New York, NY, and Zurich, Switzerland.  

About Finanzlab

Finanzlab is an independent Swiss financial services provider founded by recognized experts in the field of structured products since 1999. Incorporated in 2018, Finanzlab  provides a full range of structured product services to asset managers, banks and institutional investors in Switzerland. Based on its relationships with a multitude of issuers and its proven expertise, Finanzlab offers its clients the experience of unique access to all product categories and asset classes. In addition, it also provides an end-to-end service for Actively Managed Certificates (AMC), encompassing the creation, sale and management of individual tailor-made products. Inspired by its four core values – creativity, loyalty, authenticity and passion – Finanzlab ensures the highest Swiss quality of service to make the difference.

Finanzlab has offices in Lausanne and Geneva and serves customers throughout Switzerland.