Structured systems

Distributors can choose from a vast array of technology systems to help them manage risk. Here, Clive Davidson looks at some of the key offerings and asks major distributors, including the Yorkshire Building Society, how the technology is helping

When savings banks, post offices, building societies and financial networks started selling structured products to their customers, most of them provided the products ‘back-to-back’ – they bought the products from an investment bank, and then sold them on with a margin to their customers. This meant the organisations avoided having to structure, price or take any of the risk of the structuring on to their books. While this continues to be the way many products are brought to market