Author: Alec Cheung

In The News | Cincinnati startup gets backing from Bank of America Merrill Lynch, Morgan Stanley

See our story in the Cincinnati Business Courier, including a video of our President and CEO, Tim Bonacci, discussing the market opportunity for structured products and the Luma application.

In The News | Simon, Meet Luma: Banks Battle for Share in Structured Notes

Direct Article Link: By Liz Hoffman Goldman Sachs Group Inc. has Simon, an online platform that sells complex investment products to mom-and-pop investors. Bank of America Corp. and Morgan Stanley are now throwing their weight behind Luma. The two firms plan to announce Tuesday that they are backing a new company, Luma Financial Technologies, to…

Navian Capital, Bank of America Merrill Lynch and Morgan Stanley Launch Open Architecture Online Platform for Structured Products and Annuities

Using state-of-the-art web-based technology, newly formed entity will offer independent platform for structured products and annuities [Cincinnati, Ohio, July 31, 2018] Luma Financial Technologies, a new venture formed by co-investors Navian Capital, Bank of America Merrill Lynch and Morgan Stanley, announces the launch of an independent, multi-issuer electronic platform for structured products and annuities. Luma…