<

LEONTEQ AG Press release: Leonteq launches digital offering for insurance companies and announces its first agreement with CNP Luxembourg

Transparency directive : regulatory news

30/01/2024 07:03

Leonteq AG / Key word(s): Product Launch
Press release: Leonteq launches digital offering for insurance companies and announces its first agreement with CNP Luxembourg

30.01.2024 / 07:03 CET/CEST


PRESS RELEASE | LEONTEQ LAUNCHES DIGITAL OFFERING FOR INSURANCE COMPANIES AND ANNOUNCES ITS FIRST AGREEMENT WITH CNP LUXEMBOURG

 

Zurich, 30 January 2024

Leonteq today announced the expansion of its digital offering to insurance companies for the lifecycle management of investment products. CNP Luxembourg is the first insurance company to use LynQs for the performance monitoring of its structured products.

Following the successful launch of LynQs for financial advisors, asset managers and private banks, Leonteq is expanding its digital offering to insurance companies. As an in-house developed technology, LynQs helps insurance companies to digitalise and automate the lifecycle management of their outstanding structured products.

By using LynQs, insurance companies can monitor their structured products portfolio across all issuers and keep track of related events. The LynQs dashboard provides a broad overview of product information, including pricing, distance from the barrier and coupon payments. The platform’s best-in-class user interface can be fully customised in a white-labelled format. In a second phase, Leonteq intends to launch additional features that will support the digitalisation of the unit-linked product segment.

Alessandro Ricci, Head Investment Solutions at Leonteq, stated: “LynQs aims to simplify the daily life of its users. With our new offering for life-insurance companies, monitoring structured products invested in by unit-linked life insurance policies becomes much more efficient.”

First Collaboration with CNP Luxembourg

In this context, Leonteq has signed an agreement with CNP Luxembourg (CNPL) to provide them access to LynQs’ Portfolio module and to update and efficiently monitor its outstanding structured products.

LynQs offers CNPL powerful lifecycle management capabilities for all structured products, such as those invested in by its specialised insurance funds (FAS) and dedicated or collective internal funds (FID/FIC).

Sebastien Noujaim, Branch Manager and Head of Sales Paris at Leonteq, stated: “We are pleased to collaborate with one of the leading life insurers in Luxembourg. Following the launch of our white-labelling partnership with Banque International à Luxembourg, this new collaboration with CNP Luxembourg will further strengthen our footprint in the FraBeLux region.”

CNP Luxembourg, life insurance company created in 2015, is a 100% subsidiary of CNP Assurances, a leading player in the French insurance industry. CNP Luxembourg markets a range of high-end life insurance and capitalization contracts for individuals and legal entities residing in Luxembourg, France, Belgium or Italy.

About LynQs

LynQs gives Leonteq’s clients digital access to one of the largest and independent structured product universes available. LynQs is based on Leonteq’s powerful analytical library and financial products engine, providing users with a completely new investment experience. Today, LynQs has approximately 4,500 users from more than 1,000 financial intermediaries. The platform manages more than 250,000 monthly pricings on 12 issuers and provides lifecycle management services for more than 40,000 outstanding structured products.

 

CONTACT

Media Relations 
+41 58 800 1844
media@leonteq.com

Investor Relations 
+41 58 800 1855
investorrelations@leonteq.com

 

LEONTEQ

Leonteq is a Swiss fintech company with a leading marketplace for structured investment solutions. Based on proprietary modern technology, the company offers derivative investment products and services and predominantly covers the capital protection, yield enhancement and participation product classes. Leonteq acts as both a direct issuer of its own products and as a partner to other financial institutions. Leonteq further enables life insurance companies and banks to produce capital-efficient, unit-linked pension products with guarantees. The company has offices and subsidiaries in 13 countries across Europe, Middle East and Asia. Leonteq Securities AG is the main operating subsidiary of Leonteq AG. The company is a securities firm regulated by the Swiss Financial Market Authority FINMA and was assigned a BBB credit-rating by Fitch Ratings. Leonteq AG is listed on the SIX Swiss Exchange (SIX: LEON) and was assigned with an AA ESG-rating by MSCI.

www.leonteq.com

 

DISCLAIMER

This press release issued by Leonteq AG (the “Company”) serves for information purposes only and does not constitute research. This press release and all materials, documents and information used therein or distributed in the context of this press release do not constitute or form part of and should not be construed as, an offer (public or private) to sell or a solicitation of offers (public or private) to purchase or subscribe for shares or other securities of the Company or any of its affiliates or subsidiaries in any jurisdiction or an inducement to enter into investment activity in any jurisdiction, and may not be used for such purposes. Copies of this press release may not be made available (directly or indirectly) to any person in relation to whom the making available of the press release is restricted or prohibited by law or sent to countries, or distributed in or from countries, to, in or from which this is restricted or prohibited by law.

This press release may contain specific forward-looking statements, e.g. statements including terms like “believe“, “assume“, “expect“, "target" “forecast“, “project“, “may“, “could“, “might“, “will“ or similar expressions. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors which may result in a substantial divergence between the actual results, financial situation, development or performance of the Company or any of its affiliates or subsidiaries and those explicitly or implicitly presumed in these statements. These factors include, but are not limited to: (1) general market, macroeconomic, governmental and regulatory trends, (2) movements in securities markets, exchange rates and interest rates and (3) other risks and uncertainties inherent in our business. Against the background of these uncertainties, you should not rely on forward-looking statements. Neither the Company nor any of its affiliates or subsidiaries or their respective bodies, executives, employees and advisers assume any responsibility to prepare or disseminate any supplement, amendment, update or revision to any of the information, opinions or forward-looking statements contained in this press release or to adapt them to any change in events, conditions or circumstances, except as required by applicable law or regulation.



End of Media Release


1825197  30.01.2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1825197&application_name=news&site_id=symex


Other stories

27/04/2024 23:00
27/04/2024 20:36
27/04/2024 13:29
27/04/2024 21:46
27/04/2024 17:09
27/04/2024 16:18
27/04/2024 21:12
27/04/2024 17:36
27/04/2024 17:54
27/04/2024 20:54
27/04/2024 18:16
27/04/2024 23:01
26/04/2024 20:13
27/04/2024 09:47
27/04/2024 22:51
27/04/2024 17:44
27/04/2024 06:02
27/04/2024 18:00
27/04/2024 17:49
26/04/2024 16:00
27/04/2024 08:30
27/04/2024 19:51
27/04/2024 22:44
27/04/2024 23:25
27/04/2024 20:58
27/04/2024 09:36
27/04/2024 23:05
27/04/2024 20:59
27/04/2024 20:38
27/04/2024 22:00
27/04/2024 20:48
26/04/2024 20:00
27/04/2024 17:00
27/04/2024 01:12
27/04/2024 13:26
27/04/2024 17:14
27/04/2024 15:22
27/04/2024 15:00