The LPA Group, the European CapTech market leader, wins awards for “Best RegTech Solution” in Asia and “Best KIDS and PRIIPs Provider” as well as “Best Pricing and Risk Analytics Provider” in Scandinavia
Awards recognise top position and excellence of the LPA CapTech suite in automation and digitalisation of capital markets
Frankfurt/M./Shanghai/Stockholm, November 5, 2019, The LPA Group, the leading provider of capital market technologies in Europe, has won several awards in different regions of the world within just a few weeks. The awards recognise the innovative strength of LPA technologies and their importance for the global capital market ecosystem.
In Shanghai, the renowned jury of the SRP Awards honoured LPA with the “SRP China Award” for the “Best RegTech Solution” which is made up of several products from the LPA CapTech suite (“Digital Advisory”, “LPADoc” and “LPACalc”). Modelity, which has been part of the LPA Group for a few weeks now as a wholly owned subsidiary of LPA, accepted two of the coveted “SRP Nordics Awards” in Stockholm – one for “Best KIDS and PRIIPs Provider” and the other for “Best Pricing and Risk Analytics Provider”.
With the awards for the LPA Group, SRP recognises the value these products deliver to financial services companies for their capital market activities. The criteria for the awards were, in particular, technological innovation, associated infrastructure and positive effects on the market.
Stefan Lucht, one of the founders of LPA: “Receiving the SRP awards fills us with pride and joy because they show that we are successful with our offerings and that this has been recognised. This is evident in Europe where we are already the market leader for CapTech products. But our know-how from the highly regulated banking environment here in Europe as well as the software development expertise from LPA and Modelity also make Asia a suitable location for positioning our solutions. Digitalising the selection of products and placing them in mobile apps is commonplace in Asia. Here we can provide significant added value and are confident that we can quickly continue to successfully scale our Asian and especially our Chinese business.”
Ayal Leibowitz, CEO at Modelity, Tel Aviv: “The SRP awards rank among the world’s most prestigious accolades in the area of “structured products”. For us it is particularly exciting and an honour to be recognised as the best provider not once but twice – even for Scandinavia which takes up a leading position in digitalisation in the world and which is full of good and innovative digital companies. Of course, this fills us with great pride, and we see this as a valuable contribution that we as Modelity are making for the whole LPA Group. The awards are also a motivation for us to continue working on creating new offerings and developing existing ones further.”
SRP is a worldwide network for manufacturers and users of “structured products” which are a major pillar on the capital markets. The regional conferences are considered a benchmark in “structured products”. High-level representatives of retail and commercial banks, investment firms and banks, asset managers and index providers as well as law firms, regulatory authorities and FinTech companies meet at the annual events to network and discuss the challenges and opportunities of the alternative investment industry.