Cooperation with Crédit Agricole CIB
Crédit Agricole Corporate and Investment Bank (“Crédit Agricole CIB”) and Leonteq Securities AG (“Leonteq”) today announce the execution of a cooperation agreement in the area of structured investment products. Crédit Agricole CIB will leverage Leonteq’s technology and expertise to customise and distribute Crédit Agricole CIB structured products to its client network.
The cooperation with Leonteq, which developed a highly automated platform in the area of custom investment products over the past 10 years, will enable Crédit Agricole CIB to accelerate time-to-market for the benefit of its clients. This is key in the current competitive environment where service quality, productivity and adherence to evolving regulation are the corner stones of the structured product segment.
Leonteq has developed a platform solution specifically for Crédit Agricole CIB. A first version has been rolled out and is being tested ahead of a full deployment in the near future.
“We are delighted that Crédit Agricole CIB chose Leonteq to strengthen its structured products business. The depth and scale of their internal and external distribution make it a partner of choice for our Banking Solution Business, where we are offering distinct services for financial institutions who want to enhance their in-house capabilities to serve their clients. We look forward to providing Crédit Agricole CIB with our solutions and expertise.” commented Jan Schoch, CEO of Leonteq.
“Our cooperation with Leonteq enables us to accelerate the industrialisation and digitalisation of our structured products enhancing the value we bring to our clients including the Crédit Agricole Group entities. Given our respective strengths, this project will benefit from the natural synergies between both institutions and we look forward to its success.” commented Isabelle Girolami, Head of Global Markets at Crédit Agricole CIB.