18.05.2022 | Reading-time: 2 min
Luzerner Kantonalbank places trust in vestr
Lucerne/Zug - Luzerner Kantonalbank (LUKB) is enhancing its business with a digital platform for actively managed certificates. LUKB has partnered with Zug-based fintech startup vestr on this solution. The platform allows LUKB to swiftly and elegantly launch and issue AMCs.
Luzerner Kantonalbank is enhancing its business with actively managed certificates known as AMCs. For this, it has launched a direct digital solution as a cloud-based platform. LUKB has collaborated with vestr on this development, as the Zug fintech startup revealed in a press release. AMCs can be swiftly and elegantly launched via the new platform.
“The AMC business is a volume business. This means that you need a large number of AMCs to reach your business goals,” explained Claudio Topatigh, Head Competence Centre Structured Products at Luzerner Kantonalbank, adding: “This is only possible through integrated automation.” Furthermore, operational risks related to AMCs are reduced with specifically built software. “That is why we found the ideal partner in vestr,” says Topatigh.
With this new platform, asset managers and other B2B clients of LUKB can have the full overview of their investment portfolios and adjust in just a few clicks, anywhere and anytime. They can also create customized reports for individual investors via the platform.