Structured product distribution platforms hold the key to multiplying revenues and improving digital efficiency for private banks, say many of today’s specialists in this field.
And as the first connectivity hub between both sell and buy sides – and the only platform that is neither an issuer nor a complex technology mash-up – Contineo has made significant and transformative inroads in the structured product and technological private banking space alike.
Contineo went live in 2015, acting as a multi-dealer platform and messaging network for investment banks distributing equity linked notes, knock-out equity linked notes, accumulators, decumulators, fixed coupon notes, DRAN and OTC options to private banks. It is currently backed by Goldman Sachs, HSBC, BNP Paribas, Goldman Sachs, JP Morgan and Societe Generale on its sell side roster, and Julius Baer on its buy side.
Crucially, it promises lower costs and simplified access to multiple counterparties through its new platform, whose features include pricing, quotes, order management processing, execution management, ordering, term sheet delivery and reporting. Integration is also efficiently and effectively performed across existing front-, middle- and back-office systems.
Further, as online threats continue to grow, Contineo ensures that its platform is well insulated via a fully encrypted browser, even when assessed on mobile devices. It also meets regulatory requirements from the Monetary Authority of Singapore and Hong Kong’s Securities and Futures Commission, and executes third-party stress tests.
These factors, coupled with its timely exploration of data analytics through predictive ideation and a desire to create a new standard for the structured product industry, make Contineo the deserved winner of this year’s Best New Product/Platform award.