vestr in a nutshell
We offer an easy-to-integrate platform that digitizes the life-cycle management of your actively managed investment products. Our tunable software engine handles everything from portfolio rebalancing to investor reporting and audit trails, so you can focus on your core competencies.
Active Management is on the rise
Actively Managed Certificates (AMCs) are securitized portfolios that are dynamically adjusted at the discretion of an investment manager. They can be issued as on- or off-balance sheet certificates and are either privately placed or exchange-listed.
The global AMC market exceeds $1 trillion in assets under management, with the most significant growth happening in the last three years. Depending on the jurisdiction, these products are also referred to as Exchange Traded Notes, Dynamic Equity Notes, Strategy Notes, Strategy Index Certificates, and Actively Managed Trackers.
The benefits of Actively Managed Certificates
Due to their fast time to market, flexibility, and lower costs, AMCs offer many benefits over comparable financial vehicles such as mutual funds.
This allows investment managers to turn their investment ideas into an exchange-listed product on the same day.
How does it work?
Turning an idea into an investable product means hard work. Issuers must create the legal setup for the certificate, while investment managers need to continuously monitor and manage its compositions. On top of that, today’s investors expect periodic insights and transparent reports.
The vestr platform is the first end-to-end solution that facilitates these workflows. Investment managers can perform rebalancings and download reports directly on the platform. In the background, vestr’s APIs can easily be connected with the issuers’ downstream systems and brokers to ensure a seamless experience and minimal efforts for everyone involved.
Challenge and Solution
Billions of dollars are still being managed on spreadsheets
Due to their dynamic nature and operational complexity, Actively Managed Certificates are often managed on spreadsheets. Life-cycle events are highly non-standardized and are typically handled manually, introducing operational risks and inefficiencies.
By transforming these processes from spreadsheets, emails, and phone calls into an intuitive state-of-the-art platform, vestr creates a bullet-proof and fully auditable workflow.
Challenge and Solution
Margins are getting squeezed
Increasing regulation, competition and new entrants are disrupting traditional value chains and revolutionizing wealth managers business models. How can you remain competitive in today’s market?
Put a spotlight on your core competencies and remove technical hurdles. By fully automating labor-intensive processes and streamlining after-sales activities, the vestr platform enables you to provide more value for your customers with less effort.
How we do it
Focus on selling your products while we handle everything else.
By partnering with vestr, you get a modular platform to automate your Actively Managed Certificate value chain. Our ‘pay as you earn’ pricing model allows you to go live fast and with fair upfront costs.
Schedule a meeting with one of our experts.
Combining extensive industry experience with substantial quantitative backgrounds
With focus and dedication to Actively Managed Certificates, the vestr team has acquired deep knowledge in this field. From issuing AMCs to implementing quantitative models, our knowledge spans across the entire spectrum. Through continuous and active involvement, our technologies continue to shape the AMC community and our solutions generalize the needs of many players.
The vestr team brings extensive experience in leading fintech and technology companies. Our capabilities ensure that we create the leading software for AMC issuers.
– Co-founder & CEO
– Former senior buy- and sell-side trader
– Expert in Actively Managed Certificates
Rico was in charge of a multi-billion proprietary trading book at a top US bank in London and New York. He also traded exotic derivatives for the same institution, sharing responsibility for a complex and highly profitable correlation book.
After returning to Switzerland, Rico joined a Swiss bank, where he advanced to become the deputy head of cross-asset structured products. During his tenure, Rico’s team managed a sizeable operation in Actively Managed Certificates with equities, bonds, funds, futures, and options underlyings.
Rico earned quantitative degrees from the University of California, Berkeley, and the University of Oxford in the UK and performed postgraduate research at the London School of Economics (LSE).
– Co-founder & CTO
– Software Development & IT infrastructure
– Builder of complex financial platforms and models
After completing his Ph.D. in theoretical physics, Tim started his career within the financial services industry as a consultant for numerous large European banks.
Following his consulting career, Tim pursued two in-house positions at major banks: First, as a quantitative analyst in the structured products division of a top Swiss bank, where he was responsible for building a platform for issuing investment certificates. Later, Tim joined the asset management division of a well-known German bank, where he built credit risk and cash flow models for pricing complex loan portfolios and credit-linked notes.
His quantitative insights and product knowledge form the core of the vestr technology platform.
– Head of business development
– 25 years in the financial services industry
– Structured products expert
– Ex-Manager of global Delta One Products at a leading issuer
Stefan started his career as a derivatives structurer in 1994 and established the European exotic options trading desk of a leading global bank. He ran one of the most active and consistently profitable equity option trading teams globally. Later, Stefan ran the bank’s EMEA structured products business, where he developed a range of investment products and funds. Over $50 billion of these investments were successfully placed with high net worth and institutional clients.
Before joining vestr, Stefan established a successful fund, specializing in derivative and value investing arbitrage strategies, before managing the global Delta One business, including AMCs, at a top-rated Swiss issuer of structured products.
– Co-founder & COO
– Math Olympiad medalist
– Former cross-asset trader
Simon studied pure mathematics at King’s College and the Swiss Federal Institute of Technology, from where he earned a master’s degree with highest honours, graduating with a perfect GPA.
As a medalist at the Math Olympiad, Simon represented Switzerland in Greece and Mexico. After joining as a financial engineer at a leading Swiss bank, Simon gained exposure to the asset management, sales, and trading businesses. There, he worked as a senior derivatives trader before finally co-founding vestr.
– VP of Engineering
– Broad technology expertise
– Motto: “getting the last 20% done.”
Peter looks back to twenty years of successful software delivery in the financial, insurance, and technology sectors.
From his roles as the Senior Principal Enterprise Architect at an established enterprise software consulting company and as the Head of Web- and Mobile Engineering at a global Swiss bank, Peter knows what it takes to deliver high-quality, scalable software solutions under tight resource- and time constraints.
It is under Peter’s pragmatic and hands-on leadership that the vestr solution is gradually maturing into an industry standard.
Peter holds master’s degrees in Electronics and Telecommunications Technology, as well as Economics and Management.
The flexible vestr platform empowers our clients to create and manage Actively Managed Certificates in a highly performing and intuitive way, while at the same time streamlining internal processes.Luigi Vignola, Head Markets at Bank Julius Baer & Co. Ltd.
We are very proud of the strong financial- and business partnership we have forged with vestr. This innovative company has demonstrated proven leadership and technical acumen in an extremely promising and fast-growing business segment.Andreas Iten, Managing Director, Head SIX FinTech Ventures, SIX Group