News and Media - smart-data

Leonteq announces "Smart Data" initiative and management change

[ investor-relations | smart-data ]

Leonteq announced the launch of its new “Smart Data” business initiative. This will include the future offering of state-of-the-art analytics to investors based on Leonteq’s extensive historical databases, with a view to facilitating and automating the investment decision process for clients. Leonteq plans to invest substantially in its “Smart Data” initiative over the next few years, and expects to further accelerate business growth as a result. In order to ensure the necessary capabilities, Michael Hartweg, currently Deputy CEO and Head of the White-labeling and Platform Development division, has decided to fully dedicate his time to the “Smart Data” initiative, strategic innovation and business intelligence in the future, and will hence step down from the Executive Committee and as division head from 1 October 2014. The division will report directly to CEO Jan Schoch until a new Executive Committee member has been appointed.

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