LPA opens office in Paris with former Deutsche Bank’s Head of Business Development Thomas Geist

LPA opens office in Paris with former Deutsche Bank’s Head of Business Development Thomas Geist
Indicators point to growth – again: On 1st June 2019, LPA will open an office in Paris, France in addition to its international offices in Frankfurt/M., Singapore, Madrid, Barcelona and Leipzig. The demand for LPA’s innovative, value-driving tech solutions which directly and sustainably help customers of the capital markets industry to increase revenues, reduce costs and automatically meet regulatory requirements has been growing continuously for some time. Therefore, LPA is expanding into the promising region of France, Belgium and Luxembourg in order to tap the huge market potential there.

The Paris branch has also succeeded in attracting top personnel: Thomas Geist, former Head of Business Development at Deutsche Bank, will be responsible for the Business Development activities at the Paris office. The French born has more than 20 years of experience in strategic business development for the OTC Capital Markets Industry, Fintech and RegTech companies as well as in the transformation business of banks and financial services companies.

Thomas Geist has a lot of experience in enabling innovative go to market product offerings. Prior to LPA, he worked for e.g. for Société Générale Group, Natixis, Citigroup Paris and Deutsche Bank AG. At Deutsche Bank, he was primarily responsible for advising financial institutions, banks, asset managers and insurance companies in France, Belgium and Luxembourg – especially on FICC risks and execution issues. Most recently, he worked as an independent management consultant for business development acceleration and digital project management and advised banks, asset managers and foreign tech start-ups.

„The LPA offering – technology led, capital markets advisory enabled – is both unique and extremely powerful for the capital markets industry”, says Stefan Lucht, LPA Founding Partner. “The transformation need of capital markets is huge as the financial service institutions need to increase their profitability. LPA is able to deliver fast and measurable results for both demands within a global scale. With Thomas Geist we are very pleased to have gained a personality with extraordinary expertise, with whom we can place our innovative offering in France, Belgium and Luxembourg and thus successfully grow in these markets.”

LPA

CapTech Group

LPA adds RegTech market leader Acarda to group

+++ Acarda, the specialist for integrated, regulatory and automated data management and reporting solutions will in future be operating under the umbrella of the LPA Group +++ This acquisition takes LPA into the growth segment of asset management and marks another milestone on its journey of international expansion +++ The acquisition broadens the LPA proposition combining innovative CapTech and RegTech automation solutions for financial sector organizations worldwide Frankfurt/Main, (08.09.2020)

CSA Management: One of the most underrated aspects of the IBOR transition?

The IBOR transition brings many changes to the capital markets sector. One of the critical challenges of transition management is the amendment of collateralization for OTC derivatives. PAI (and implicitly discounting) needs to be adapted for EUR and USD-cash collateral from EONIA and EFFR to the new Risk Free Rates (RFRs) €STR and SOFR. This has to be done by the end of 2021 [1] (EUR) and the end of 2020 [2] (USD), respectively. While the adjustment for cleared derivatives is managed centrally by the CCPs, counterparties of bilaterally collateralized derivative portfolios must amend the collateral agreements by themselves. This requires EONIA or EFFR based legacy CSAs to be negotiated and compensation payments between counterparties to be settled. Complexity is increased further as many market participants still have some non-standardized legacy CSAs with features such as embedded floors or thresholds in place. Strategic options (backloading, counterparty selection, novat

June 2020 Draft Amended PRIIPs RTS: What’s inside for Structured Products?

In a letter sent by the ESAs (the European Supervisory Authorities, i.e. EBA, EIOPA and ESMA) to the European Commission, the ESAs have included a draft amended PRIIPs RTS. As the letter points out...

Go back to all news

This website uses cookies to improve your experience.
Navigating in it, we understand you agree with our privacy policy.