Structured Products Europe Awards 


Structured Products Europe Awards 2017: The Winners

The ongoing low yield, low vol environment has continued to test the capacity of structured products providers to deliver returns for investors. Not only have spiky and unpredictable events such as Brexit and the US election blindsided the markets, but central bank activity has also been hugely influential on liquidity and returns.

Within Europe clear trends have emerged. Equity markets are more enticing than fixed income in many countries. Cross-asset businesses are proving more resilient as they can lever open the opportunities that sit between currency, debt and equity markets. While many countries in western Europe are experiencing the weight of European Central Bank (ECB) policy and the concentration of the European Union's regulatory change, equity markets are strengthening and central and eastern Europe is experiencing positive economic growth.

Among the winners this year are firms who have been building, selling and delivering the right structured products to investors through a combination of perseverance, ingenuity and experience that has surpassed their many competitors.

Societe Generale, the Structured Products Europe house of the year for 2017, has issued more than €20 billion ($23.6 billion) of structured notes in the region this year, employing its excellent quantitative skills to find a way to investors' hearts for fixed income, commodities and currency, despite equities turning heads on every corner. Developing securities structures under which to offer credit protection, working the currency markets effectively and building uncomplicated but effective retail offerings saw the bank bring in a raft of other awards this year.

Deal of the year went to Credit Suisse, for replicating hedge fund strategies via structured products to drive up returns and opportunities for its private wealth clients. The bank also took the institutional structurer of the year award, thanks to considerable cross-collaboration with its sell-side peers and clients.

Within the equity markets, BNP Paribas took centre stage, overcoming falling demand through a tight control of cost and risk as our equity house of the year, while also taking the award for its home market of France, drawing cautious buy-side firms from the insurance sector into taking more risk, and benefiting from it.

In other country awards, UBS has performed well - notably winning the house of the year award for Italy, where it brought equity products into traditional bond heartlands, and boosting turnover 60% in Switzerland, where it secured house of the year through a combination of asset classes, instruments and strategies.

In Germany, Commerzbank was awarded house of the year for the breadth of choice it offered and its constant presence, which earned high praise from clients. Raifeissen Centrobank is this year's central and eastern Europe house of the year, a result of working well in the retail sector and providing coverage across the entire region.

Modelity and Numerix have both demonstrated an outstanding capacity to support structured products providers, the former easing the burden of firms subject to both the Packaged Retail and Insurance-based Products regulation and the revised Markets in Financial Instruments Directive, the latter firm proving incredibly versatile in offering pricing and analytics.

Whether they are a provider of structured products or an enabler of those businesses, our winners are playing in a game that is increasingly competitive and costly, setting their achievements on a high pinnacle.


Congratulations the 2017 winners, please see the full list below:

  • Europe house of the year
    Societe Generale
    To read the full article click here

  • Equity house of the year
    BNP Paribas
    To read the full article click here

  • FICC house of the year
    Societe Generale
    To read the full article click here

  • Retail structurer of the year
    Societe Generale
    To read the full article click here

  • Institutional structurer of the year
    Credit Suisse
    To read the full article click here

  • Deal of the year
    UBS
    To read the full article click here

  • France house of the year
    BNP Paribas
    To read the full article click here

  • Germany house of the year
    Commerzbank
    To read the full article click here

  • Italy house of the year
    UBS
    To read the full article click here

  • Switzerland house of the year
    UBS
    To read the full article click here

  • Central and eastern Europe house of the year
    Raiffeisen Centrobank 
    To read the full article click here

  • Index provider of the year
    MSCI 
    To read the full article click here

  • Bank technology provider of the year
    Societe Generale 
    To read the full article click here

  • Pricing and analytics platform of the year
    Numerix 
    To read the full article click here

  • Regulatory technology initiative of the year
    Modelity 
    To read the full article click here

  • Law firm of the year
    Simmons & Simmons
    To read the full article click here