Saxo Financial institution is enhancing its structured funding product choices by means of a strategic collaboration with Leonteq.
Leonteq and Saxo Financial institution have initiated a partnership targeted on the event and distribution of structured merchandise, as introduced by each firms on Tuesday. Underneath this settlement, Saxo Financial institution will tackle the function of a sponsor inside a standardized white-label issuance mannequin developed by Leonteq whereas additionally managing the distribution of those monetary merchandise.
Furthermore, Leonteq has secured a global distribution mandate from Saxo Financial institution, granting the agency entry to Saxo’s world distribution community. The primary structured merchandise, backed by Saxo Financial institution, are anticipated to be obtainable on the Leonteq platform by 2025, topic to regulatory approval.
Concentrate on the Swiss market
Leonteq additionally intends to function Saxo Financial institution-backed structured merchandise on its digital funding platform.
«The partnership with Leonteq marks a big step for Saxo Financial institution in increasing our structured funding product choices, significantly for our quickly rising Swiss consumer base. This collaboration represents a real win-win scenario,» said Kim Fournais, CEO of Saxo Financial institution.