Luma Financial Technologies continues to lead the structured products space, recently being named the Structured Retail Products (SRP) Americas 2024 Best Technology Provider. This recognition follows last year’s award as SRP Americas Best Multi-Issuer Platform, reaffirming Luma’s commitment to innovation in fintech. But what does it mean to be a “best technology provider” in structured products, and why is the latest award a testament to Luma’s leadership and cutting-edge capabilities?
Structured products offer tailored investment solutions by combining various asset classes, such as equities, commodities, and fixed income. These products are often customized to meet specific financial objectives, providing flexibility and precision for retail investors and institutions alike. However, the complexity of managing structured products—from pricing to lifecycle management—can be challenging. Luma streamlines this process all within a single platform, providing users with intuitive tools that enhance efficiency and enable more informed, data-driven decisions that help lead to better client outcomes.
Being named SRP Americas 2024 Best Technology Provider showcases Luma’s dedication to simplifying structured products. Our innovative solutions provide financial professionals with the endless potential to streamline the creation, management, and transaction of structured products, enabling them to provide personalized solutions to their clients.
Luma’s Technological Innovations
The key to Luma’s success is the Lifecycle Manager, which helps advisors track product performance, risk, and exposure across client portfolios. This tool automates time-consuming tasks and delivers critical insights, improving efficiency. Additionally, Luma’s Creation Hub simplifies price discovery and product creation by automating tasks like bulk pricing requests and allows users to submit requests directly to issuers, significantly reducing the manual workload for advisors.
Beyond automation, Luma provides educational resources to ensure advisors remain fully compliant and more effectively leverage structured products with its Learning Center module. This solution empowers professionals to make confident, informed decisions that align with their clients’ goals in an evolving market.
Luma’s commitment to innovation is demonstrated by continuous improvements to its platform. Recent updates to the Lifecycle Manager, including enhanced visual tools like interactive charts and comprehensive portfolio performance reporting, offer deeper insights into investment performance and risk management. These upgrades help advisors manage their clients’ portfolios more effectively, demonstrating Luma’s focus on providing a seamless user experience.
Luma’s Continued Global Expansion
Luma is also expanding globally, with the recent opening of an office in Lisbon, Portugal, to better serve European clients. In Brazil, the platform has made significant strides in the rapidly growing Flex Options market, where Luma’s coverage of structures and equity underliers positions it as a market leader. These strategic moves show Luma’s adaptability in serving financial professionals worldwide.
Structured Retail Products
The SRP Americas Awards are highly regarded within the structured products industry. SRP (Structured Retail Products) is a well-established data provider, monitoring the growth and trends of structured products across global markets. Being recognized with the Best Technology Provider award underscores Luma’s commitment to innovation and delivering solutions that address the evolving needs of financial professionals.
Luma’s Commitment
As demand for structured products and the broader alternative investment landscape grows, Luma remains committed to staying ahead of industry trends. Its open architecture model—which was recognized as Best Multi-Issuer Platform in 2023—offers advisors flexibility by providing access to a variety of products from multiple issuers, helping them meet their clients’ diverse needs.
Luma is dedicated to expanding its platform’s features, improving user experiences, and broadening its global reach. Driven by innovation, Luma is positioned to stay at the forefront of the structured retail products industry, empowering financial professionals globally with the tools necessary for success.
