Bloomberg new SSPA member

The Swiss Structured Products Association (SSPA) welcomes Bloomberg to its ranks as a passive member and partner. This admission underscores the ambition of SSPA to represent the entire value chain – it also is another step towards a broad industry-wide representation. This chain includes issuers, markets, the buy side and partners in equal measure.

Zurich, 15 October 2015. Bloomberg is a global business and financial information and news leader giving influential decision makers a critical edge by connecting them to a dynamic network of information, people and ideas. Delivering data, news and analytics through innovative technology, quickly and accurately is at the core of the Bloomberg service, which provides real time financial information to more than 320,000 subscribers globally.

Jose Ribas, Global Head of Derivatives at Bloomberg, about the SSPA membership: “We provide data, news and analytics to decision makers in industries beyond finance. The structured products market players use our solutions across the entire front to back workflow including structuring, trading, pricing, risk, collateral, reporting and treasury. Our membership of the industry association underscores our commitment to structured products and to Switzerland as a financial centre, and we are delighted to participate to the successful further development of the Swiss market.”

SSPA successively expanding into an industry association

SSPA represents the interests of the most important market participants, which together cover more than 95 percent of the market volume for structured products in Switzerland. SSPA VicePresident Philipp Rickenbacher: “With the admission of Bloomberg, the SSPA is taking a further step in its strategy of broad market support. Thanks to this purposeful expansion, we can support the interests of the entire industry even more effectively. We are delighted by this commitment Bloomberg to the Swiss market for structured products and warmly welcome our new member.”