Luma Insights:

Luma Financial Technologies adds R.J. O’Brien (MENA) Capital Limited to platform

12 July, 2022 – Luma Financial Technologies, the independent, multi-issuer structured products and annuities platform, has today announced that R.J. O’Brien (MENA) Capital Limited (RJO MENA), an affiliate of R.J. O’Brien & Associates (RJO), has selected to join the platform.

RJO is the oldest and largest independent futures brokerage and clearing firm in the US, with international offices in London, Paris and Dubai, as well as in Asia. Since the firm’s establishment over 100 years ago it has since diversified into other asset classes including fixed income and structured products.

By connecting to the Luma platform, RJO MENA will be able to efficiently provide its institutional, commercial and individual clients with bespoke structured product strategies, tailored to specific risk profiles and cash flow requirements. The firm will also be able to connect to Luma’s adaptive API pricing feature, which allows for more consistent, transparent and efficient pricing.

The agreement will initially cover UAE but will then be extended across the firm’s offices in London and Paris to cover the rest of EMEA.

“We are delighted to start working with RJO MENA – an award-winning broker – on structured products,” said David Wood, Managing Director of Luma’s International Business. “Through Luma’s technology, the firm will be able to create, order and manage bespoke structured product strategies with a high degree of efficiency for its clients across its international network.”   

“Luma’s platform not only enables us to access a wide array of issuers, it also allows us test ideas and create products quickly and without the friction typically associated with that process,” said Kunal Savjani, Senior Executive Officer of RJO MENA. “Luma’s technology complements our own and will further enhance the service and value we can provide to our clients around the world.”

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.