Multi-issuer structured products and annuities platform, Luma Financial Technologies, has added a Swiss specialist structured product firm to the platform.
Finanzlab, a Swiss firm specialising in the design, selection and brokerage of custom structured products, will use the platform’s technology to better serve the needs of its clients, which include wealth managers and private banks, across the market in Switzerland, according to David Wood, managing director of Luma’s International Business. Finanzlab’s addition to the platform comes as Luma moves to expand its reach in Europe as part of its international growth strategy. &ls