Digitalization of the investment world: Why deritrade is leading the way
Published on 22.02.2021 CET
Vontobel has been driving the digitalization of the financial world for more than ten years with its issuing platform deritrade. Peter Camenzind, Head Platforms & Services Banks Switzerland at Vontobel, sums it up:
“The digitalization trend is unbroken for structured products. While overall just over half of products are now traded via deritrade, the digitalization rate in the banking client segment in Switzerland has increased to more than 85% this year — and the trend is still growing.”
Not even the Corona crisis could stop the growth of the platform business. On the contrary, investors widely seized the opportunity to optimize their returns with structured products. Last March 2020, for example, a monthly record of CHF 52 billion was set, according to the Swiss Structured Products Association (SSPA). Due to the extremely volatile market, it was easy to get high coupon payments in the “coronavirus” spring.
At the same time, inquiries about digital structured platforms such as deritrade increased. These platforms are used in particular for simulating and issuing desired products. Investors have almost unlimited options at their disposal. Especially in the case of yield-optimization products, algorithms are used to achieve the best possible risk/return ratio. This allows the client advisor to filter out the best combination of various underlying assets for the construction of the desired product favored by his client, up to the second.
This is how deritrade ensures a distinctive client experience in the investment world:
- Create a customized structured product with just a few mouse clicks.
- Receive binding price quotes from various issuers in a matter of seconds.
- Issue the product directly from an investment of 20’000 EUR or more.
- Fully automated processes including clearing, settlement, and lifecycle management.
- Over 120 banks, 600 external asset managers, and 6’200 users carry out investments via deritrade.
deritrade by the numbers
- Time saving of 80%: Significant time savings for Relationship Managers when issuing, purchasing and processing structured products.
- Yield increase of 2.52x: Proven revenue growth at Swiss private banks—3 years after the launch of deritrade.
- Recommendation rate of 90%: After the launch of deritrade, 9 out of 10 specialists support the platform. Prior to that, 6 out of 10 opposed it.
- 95% CA Power: 95% of client advisors feel empowered by using deritrade and achieve their goals faster and more effectively.
Individualize and trade products now.
deritrade is the issuing platform for structured products. Would you like to find out more? Please do not hesitate to contact us. Our expert team is there for you. Telephone: +49 69 59 96 32 32, Online: Contact us directly using the contact form below.
Published on 22.02.2021 CET