LEONTEQ ADDS CORNÈR BANK TO ITS CONSTRUCTOR PLATFORM AS A NEW AUTOMATED ISSUER
Leonteq is expanding the offering on its Web-based multi-issuer platform Constructor. Products issued by Cornèr Bank will be available from 12 November 2018.
Cornèr Bank will become the sixth issuer on Leonteq’s automated multi-issuer platform Constructor and offers attractive products for all major currencies and maturities of up to five years. Clients will have access to major structured product payoffs such as autocallables (including softcallables), (multi/barrier) reverse convertibles, capital protection certificates, airbag certificates, bonus certificates and outperformance certificates. The underlying universe will comprise more than 800 equities (including indices) and major commodities. Clients will also benefit from automatically generated product documentation, such as term sheets, factsheets, cost and charge disclosures and key investor documents, which will be available in four languages.
The partnership between Leonteq and Cornèr Bank began in 2014, enabling Cornèr Bank to offer its clients a full range of structured products. In 2016, the two companies launched the public distribution in Switzerland of products issued by Cornèr Bank. Leonteq and Cornèr Bank are now broadening their cooperation with the aim of giving Leonteq’s Constructor users automated access to Cornèr Bank products.
Constructor is a Web-based application that allows for the structuring, pricing and launch of structured products. It enables clients to tailor investment products to their specific needs and to calculate tradable prices in real time.