Picard Angst is bringing the HALO digital derivatives platform to Europe
'With HALO, Picard Angst will fundamentally change the way in which structured products are traded,' says Maurice Picard, CEO of the Swiss derivative specialists, commenting on the disruptive potential of this new technology.
With HALO, Picard Angst is bringing the revolutionary digital derivatives platform created by the independent American fintech company HALO Investing to Europe. The platform offers the opportunity to automatically create and process custom structured products from more than 6,000 product ideas. In this interview, Picard Angst’s CEO Maurice Picard explains the benefits that the new platform offers for institutional investors.
Why did you choose to partner with HALO?
I chose to partner with HALO because I had the chance to travel to Chicago and meet its founders. I was blown away by their technology and their vision. Today, I’m proud to be bringing their technology to Europe.
What are the benefits of the platform??
The new HALO digital derivatives platform will change the way in which we create structured products. We will have an automated process for pricing, processing and risk management. I also think that it’ll be much easier to develop new product ideas, thanks to the global data.
What are your future plans for the Picard Angst Digital Platform, powered by HALO?
My future plan for the platform is to use a lean process to increase the volume of structured products and attract new customers. I believe that, by HALO’s side, we will be at the forefront with this technology.
Why is the partnership with HALO so important?
Our partnership with HALO enables us to combine American fintech innovations with Swiss expertise and bring them to Europe.
FinTech Breakthrough Award for HALO
Tech entrepreneur Biju Kulathakal and former Credit Suisse banker Jason Barsema founded the fintech firm Halo Investing in 2015. Their goal was to bring to market an independent, digital, multi-issuer platform for the development and trade of structured products. Their platform enjoyed a successful launch in the USA and, in April, it won the renowned FinTech Breakthrough Award as the best institutional investment solution. Picard Angst is now bringing this revolutionary digital derivatives platform to Europe.
The CEO and co-founder of HALO Investing is responsible for strategy, products and technology. He previously founded the digital video rental service Redbox and Trading Block Holdings, an online options broker.
As a former Credit Suisse private banker, the co-founder and president of HALO Investing has more than a decade of experience under his belt in managing structured products for institutional investors.
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