NEW YORK, Nov. 22, 2017 /PRNewswire/ -- Transparitrade Inc., the New York fintech that specializes in the provision of automation solutions to the structured investments market has today launched its multi-issuer platform to investment advisors across the U.S.
Structured investments include bond or deposit products such as structured notes and market-linked certificates of deposit that pay returns based on the performance of other financial assets such as indices or stocks.
The Transparitrade platform is an online tool for investment advisors of large brokerage networks to educate and train themselves in the area of structured investments, as well as browse available product offerings, instantly price customized deals from multiple product issuers and track the performance of those products over time.
Transparitrade CEO Alan Angell said that in 2018 structured investment issuance volumes in the U.S. are on track to show around a 30% increase on 2017. "Our vision for the platform is to increase the transparency of and accessibility to this investment product market, to capitalize on recent market growth and stimulate further growth by putting the tools investment advisors need directly on their desktops," Angell said.
Transparitrade's entirely independent offering is not run by any one bank or brokerage and will operate an open architecture model that allows any investment bank or brokerage to offer, buy and sell structured investments using its platform.
The initial launch of the Transparitrade platform will encompass education and training material, as well as market data on issuance volumes and market trends. The company is in advanced discussions with a consortium of the leading investment banks in the structured investments market to begin displaying their products on the platform in early 2018. Transparitrade is advised by law firm Morrison & Foerster LLP.
"We're very excited to put the platform out to market," said Angell, "but this is just the beginning; with additional releases early in 2018 we expect the utility of the platform to grow and broaden and we're confident our truly independent position as a pure technology company, open-architecture approach and marketplace expertise will give us the edge over other competing platforms".
The initial focus will be the U.S. but Transparitrade plans to roll out the platform globally. WallStreetdocs, the market-leading automation company from which Transparitrade was spun-off, has interfaces built out to more than twenty of the leading European and Swiss issuers through its PRIIPs and MiFID II regulatory compliance platforms and will look to capitalize on this unique market position to make Transparitrade an integral part of the global structured products market in 2018.
Transparitrade Inc. is a spin-off of fintech company WallStreetdocs established in 2009 by founder and CEO Mathias Strasser, a former Wall Street lawyer. WallStreetdocs provides automation solutions, including bespoke PRIIPs and MiFIDII platforms, to the world's leading investment banks' structured investment and derivative businesses.
Related Links: www.transparitrade.com
SOURCE Transparitrade Inc.