The Swiss specialist platform for structured products has completed its spin-off from Capital Vision, resulting in the establishment of two independent companies.
Vizibility's spin-off from Capital Vision signifies a strategic shift to enhance specialisation and better address the distinct needs of both entities' clients, the two firms announced.
Recent developments have underscored the need for both Vizibility and Capital Vision to independently pursue their strategic goals, unburdened by operational dependencies - Aurelien Vicart
It will now focus on targeting institutional agreements with distributors such as private banks, broker-dealers, or insurance companies seeking a tech-driven approach for monitoring and managing structured products portfolios, Aurelien Vicart (pictured), managing director of Vizibility, told SRP.
“Vizibility's outreach efforts over the past two years have been pivotal in this journey,” said Vicart.
“Engaging with private banks to showcase the platform's multifaceted capabilities – spanning settlements, ticketing, invoicing, and beyond – has not only expanded its reach but has also paved the way for its evolution beyond the confines of broker dealers. The platform's lifecycle and request for quote (RFQ) capabilities have been central to this transformation.”
Over the course of six years, Capital Vision has supported the technology platform for the structured notes activity of the Swiss financial group.
“However, recent developments have underscored the need for both Vizibility and Capital Vision to independently pursue their strategic goals, unburdened by operational dependencies,” said Vicart.
“With Vizibility now operating as a fully independent business entity, the benefits are mutually advantageous.”
The separation equips Vizibility with the autonomy needed to further amplify its client base and pursue new avenues of growth. Simultaneously, Capital Vision will transition to become a client of Vizibility, and continue to be able to leverage the platform's capabilities.
“The streamlined structure allows Capital Vision to relinquish non-core administrative responsibilities, optimizing its operations and strategic focus,” said Vicart.
New phase
Vizibility will also build upon its newly acquired independence “strengthening its role as a tech provider for issuers” and as “a reliable partner for issuers seeking innovative solutions”.
According to Vicart, the platform's lifecycle management capabilities have garnered significant interest from issuers who recognise the need for robust tools to effectively monitor products within their portfolios.
“Moving forward, Vizibility emerges as the sole independent platform of its kind, distinguished by its commitment to industry standards and harmonisation of naming conventions,” he said.
While the initial efforts focused on lifecycle management and RFQ capabilities, the platform's core strength lies in its lifecycle management framework, which continues to attract clients.
Vizibility remains dedicated to innovation, consistently introducing new features to enhance its offering.
Recent enhancements on the platform include delta-adjusted underlying portfolio exposure analysis and sophisticated cash flow forecasting – encompassing historical data and future projections.
“By embracing lifecycle management, the platform elevates the advisory focus from individual products to holistic portfolio management, aligning with the evolving needs of the industry,” said Vicart.
“With both entities now fully independent – complete with separate licenses and offices – we’re primed to drive innovation, empower advisors, and redefine the landscape of financial technology.”
Jerome Zenteno, managing director of Capital Vision, said: “This strategic step enables us to pursue fresh opportunities for client-centric growth and value enhancement. Crucially, it must be emphasized that the spin-off is not merely nominal.
“Vizibility operates from distinct offices, staff, financials, and licenses. The unmistakable reality is that this stands as a completely independent business venture.”
The platform has over 1.5k active users, 14K products under management, 24 institutional partners and almost US$20 billion of assets under supervision.