Helping a Swiss Private Bank to complement its products offering

A leading Swiss private Bankhaus is considering to initiate equity-linked products brokerage in order to answer the needs of its high net-worth clients.

Wanted: a supportive technological environment for a strategic venture

Private bankers lack a cost-effective, off the shelves software tool to analyze products offered by sell-side investment banks: they are cautious about the sell-side likely margins on certain products.

In the past, the Bankhaus relied on a basic in-house pricer that was specific for certain basic products: users also want a system that offers increased analytic capabilities and more flexibility for describing changing products. Moreover, the Bankhaus is strongly concerned about the total cost of ownership of financial software systems.

Finoptech-p1 to the Rescue

In response to user demand, Finoptech develops a customized equity derivatives pricing solution using Finoptech-p1. The ASP architecture gives asset management professionals immediate cost-effective access to real-time pricing with a reliable accuracy. The product's descriptions are integrated on demand directly in the application by Finoptech, suppressing any tedious development task for the users.

Finoptech-p1 is accessible anywhere, at any time, and by any device with a web-browser on a client-PC, suppressing any additional equipment cost. Simulations of the structured products are organized in a well-designed set of categories with a focus on risk management parameters. A simulation with a high-grade precision is usually available within a couple of minutes.

Success through partnership

By implementing Finoptech-p1 the Bankhaus sees an immediate improvement in the speed and cost of brokering equity derivatives products. This allows it to free much-needed resources to other assignments such as client relationship management.

But our assignment is not only to provide a technological framework, but also to work side by side with the Bankhaus' team to evaluate certain new products and to provide it with a clear understanding of the attractiveness of those products for its existing clients.

With Finoptech-p1, the Bankhaus proves itself to abide by the bank's tradition of innovation and risk management excellence. Finoptech-p1 brings at low cost simplicity of use, flexibility and efficient technology for valuating and dealing structured products.