ITG RFQ-hub, Smarthouse Media, Bloomberg and Banque Pictet & Cie SA new SSPA members

The admission of ITG RFQ-hub, an independent electronic multi-dealer platform for global exchange-traded and over-the-counter (OTC) products, and Smarthouse Media, a globally active full-service supplier of online finance applications, as well as of Bloomberg, a global business and financial information and news leader, and Banque Pictet & Cie SA, one of Europe’s leading independent wealth and asset managers, mark an initial step toward sectoral representation that is as broad as possible. ITG RFQ-hub joined SSPA on August 1, Smarthouse Media, Bloomberg and Banque Pictet & Cie SA joined on 1 October.
Jonathan LLamas, Senior Structured Products Business Developer at ITG RFQ-hub, explained the motives for joining the SVSP as follows: “Our platform aims to streamline transactional operating channels that meet regulatory requirements and at the same time generate innovative market research data through statistical measurements. By joining the SVSP, ITG RFQ-hub is underscoring our commitment to Switzerland as a financial centre. At the same time, we are looking forward to benefiting from the services of the Association.”

Andreas Grunwald, Managing Director at Smarthouse Media, had this to say about joining SSPA: “In recent years, Smarthouse Media has established itself with its innovative and technologically mature concepts as a successful service provider in the structured products segment. With this membership as a partner in the industry association, we want to do our part for the successful further development of the Swiss market. At the same time, this step underscores out commitment to structured products and to Switzerland as a financial centre.”

Jose Ribas, Global Head of Derivatives at Bloomberg, about the SSPA membership: “We provide data, news and analytics to decision makers in industries beyond finance. The Structured Products market players use our solutions across the entire front to back workflow including structuring, trading, pricing, risk, collateral, reporting and treasury. Our membership of the industry association underscores our commitment to structured products and to Switzerland as a financial centre, and we are delighted to participate to the successful further development of the Swiss market.”

Julien Christin-Benoit, Head of Structured Products at Banque Pictet & Cie SA, commented on the decision to join the SVSP as follows: “By developing bespoken solutions for our clients, we appreciate Structured Products as innovative investment opportunities with a promising performance potential at reasonable costs. Consequently, our SSPA membership underlines our long term commitment to the Swiss structured products market.”

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