The Wall Street Journal: Contineo Launches Supermarket for Structured Products in Asia
Tech Firm Aims to Improve Transparency and Efficiency of Products Amid Rising DemandHONG KONG—Six of the world’s biggest banks have joined forces to back a new network for selling structured products in Asia, as competition intensifies among firms running marketplaces for wealthy investors.
Contineo, a Hong Kong-based technology firm with the backing of a consortium consisting of Barclays, BNP Paribas, Goldman Sachs, HSBC, J.P. Morgan, Société Générale and data services company AG Delta, aims to provide increased transparency in the Asian structured-product market for private banks and their customers.
