Leonteq has beaten off renowned issuers of structured products to emerge victorious from a tender process and signed an agreement with PostFinance. Leonteq will now be responsible for delivering all services along the entire value chain. The Zurich-based company, which operates in the finance and technology industry, focuses on structured products in addition to savings and pension provision solutions. Leonteq will distribute the products issued for PostFinance to its own clients in Switzerland
According to a press release, the investment universe comprises more than 900 shares and capital protection certificates. Moreover, products can be issued in four different currencies, while customers also stand to benefit from automatically generated product documentation in four separate languages.
PostFinance ranks among Switzerland’s leading financial institutions, boasting 2.7 million customers and customer assets totaling some 120 billion Swiss francs. “We are convinced that we have chosen the right partner in Leonteq”, comments Daniel Mewes, Head of Investment Solutions at PostFinance, in the press release. He adds: “The cooperation will allow us to benefit from Leonteq's modern IT infrastructure and to complement our range of attractive investment solutions for our investment-oriented customers”.
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