Luzerner Kantonalbank (LUKB) enhances its structured products business and launches a digital solution for Actively Managed Certificates with vestr.
Active management is on the rise globally and LUKB chooses a digital path. LUKB sees great potential in active management and seeks to make the best possible offerings to their clients. Catering to an increasing demand for digital products and services, LUKB chooses a partnership approach. Therefore, the bank develops their digital offerings together with the Swiss FinTech startup vestr.
The successful Swiss regional bank has found a solid partner in the fast-growing technology player vestr for the scale up of their active management business through certificates. The development of a cloud-based platform allows LUKB to swiftly and elegantly launch and issue AMCs. This type of structured product offers attractive opportunities for investors to benefit from exposure across industries, regions, or asset classes.
Leveraging the benefits of AMCs for clients
LUKB’s B2B clients have the full overview of their investment portfolios via the platform. Asset managers can adjust their portfolios in a few clicks, anywhere and anytime. They can also create customised reports which they can share with their investors for a detailed overview of their respective portfolio.
The collaboration between LUKB and FinTech startup vestr demonstrates the importance of digitising the active investment management space. This cooperation of LUKB and vestr contributes to more diversified and dynamic investment portfolios for investors.
“The AMC business is a volume business. This means that you need a large number of AMCs to reach your business goals. This is only possible through integrated automatisation. A software specifically built for AMCs further reduces operational risks. That is why we found the ideal partner in vestr.” – Claudio Topatigh, Head Competence Centre Structured Products at Luzerner Kantonalbank.
Rico Blaser, Co-Founder and CEO of vestr, shares that “Active management is growing globally. By digitising this process, we enable our clients to make it even more accessible for investors. LUKB’s structured products business stands out with its focus on client needs, and we are proud to support LUKB in this area.”
About Luzerner Kantonalbank AG – leading, personal, solid and typically Lucerne
Founded in 1850, Luzerner Kantonalbank (LUKB) is the leading bank in Canton Lucerne. With some 1’250 staff, it maintains a network of 24 branches and is one of the largest cantonal banks in Switzerland. LUKB’s core business areas include real estate and business financing, pension provision, and asset advisory and management. The Bank is known for its closeness to its clients and for its excellent performance, making it the first choice for clients, staff, shareholders, and the local region.
The LUKB Group includes the fund management company LUKB Expert Fondsleitung AG, the venture capital company LUKB Wachstumskapital AG, and the financial services and real estate company Gewerbe Finanz Luzern AG. LUKB has been a public limited company since 2001, and its shares are listed on SIX Swiss Exchange. It has a free float of 38.5% of share capital, while the remaining 61.5% of shares are held by Canton Lucerne. LUKB has a state guarantee, and long-term AA credit rating from Standard & Poor’s (short-term rating of A-1+).
vestr is a Swiss FinTech company, founded in 2017, with an easy-to-integrate platform that digitises the life-cycle management of issuers’ actively managed investment products. The tuneable software engine handles everything from portfolio rebalancing to investor reporting and audit trails, so issuers and asset managers can focus on their core competencies.
With offices in the European Union, Switzerland, and Singapore, vestr is a fast-growing technology company that aims to be the standard for active management.
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