F10 Corporate Partner Julius Baer and F10 Alumni Startup vestr have been collaborating since 2018 to digitize the life-cycle management of actively managed certificates in order to increase efficiency and speed, reduce operational risks and increase client focus by offering the platform also to intermediary clients. After the success in Switzerland, they have recently announced a PoC (Proof of concept) to launch the platform in Singapore.
Actively managed certificates traditionally have been largely managed on spreadsheets as life-cycle events are highly non-standardized. As a relatively young financial instrument, there was no “off-the-shelf” software product that tackled this challenge and in-house development was not feasible from a cost and time perspective.
Building upon the successful AMC business of Julius Baer, vestr developed an easy-to-integrate platform to digitize the life-cycle management of actively managed investment products, thus addressing a global market that is estimated to exceed $1 trillion in assets under management.