Swiss asset manager Vontobel has launched a new fintech solution in Germany that will help investment and private advisors create, order and invest in individual structured products in real time.
The platform, dubbed mein-zertifikat.de, is powered by deritrade technology that has been developed by Vontobel.
The digital platform will allow advisors of banks and savings institutions and asset managers alongside private investors to issue discount certificates, capped bonus certificates and reverse convertibles based on market data and simulations in real time, Vontobel said.
Vontobel Investment Banking head Roger Studer said: “Everyone is now able to order their own individually customised certificate as desired and can then purchase it subsequently at the stock exchange. Various product alternatives can be calculated in real time. This eliminates the previously often cumbersome and time-intensive search in existing product offerings.
“Investment advisors will be able to increase the quality of their advice and can provide their clients with a customised structured product and a new client experience. Self-decision-making private investors in turn can become familiar in detail with the variety the certificate spectrum has to offer before making an investment.”
The service will be free of charge, and without any minimum purchase requirement for users.
Scheduled to be rolled out on 30 August, the service will initially cover reverse convertibles, discount as well as capped bonus certificates.
Vontobel head of financial products Germany Wolfgang Gerhardt said: “The new platform combines innovation and tradition. Advisors and investors will be able to enjoy a new freedom in selecting products by designing a customised product based on their preferences. For the actual investment, they can then efficiently draw on the decades of proven processes for the purchase of securities at the stock exchange.”