- Following the acquisition of the Swiss FinTech AAAccell at
the beginning of the year, the LPA Group is expanding its presence in
Switzerland.
- Two renowned technology, transformation and banking experts
are on board. Selda Kocbay (formerly Accenture and Capco) and Philippe
Andermatt (formerly Ernst & Young and Capco) have been engaged as
consulting partners.
- The continuing pressure on costs and the growing need for
digitalisation and automation in the Swiss banking, financial services
and capital market industries are increasing the demand for customised
technology solutions and consulting services in all areas of the core
business.
Frankfurt am Main, Gruezi, Zürich (18.02.2020) – Lucht Probst Associates (LPA:
http://www.l-p-a.com),
one of the world’s leading technology and advisory firms for capital
market technology solutions (CapTech), continues its international
expansion and now has its own office in Switzerland. The Swiss LPA
branch office is based in the centre of the banking, financial services
and capital market powerhouse of Zürich. Just earlier this year, the LPA
Group announced the acquisition of award-winning Swiss FinTech AAAccell
and is now strengthening its local footprint by opening its own office.
While AAAccell further strengthens the LPA Group’s portfolio with AI
and machine learning solutions for risk and asset management, the focus
of LPA’s Zürich office is not only on the company’s own software
solutions in the CapTech Suite but also on advisory services for the
company’s Swiss customers.
The LPA Group has engaged Selda Kocbay and Philippe Andermatt as new
partners in the consulting sector for the Zürich location – two renowned
capital market and wealth management experts with many years of
experience in the relevant technologies. Kocbay can look back on more
than 13 years in the capital market, technology and consulting industry.
The native Austrian started her career at Accenture, then worked for
several years in various management positions at Credit Suisse and most
recently at Capco. Prior to joining the LPA Group, Philippe Andermatt
worked as a financial services advisor at auditors Ernst & Young and
subsequently earned a reputation as an outstanding expert in wealth and
asset management in Capco’s management team.
Against the background of current customer inquiries on the one hand and
ongoing consulting and implementation projects on the other, a
significant two-digit number of employees will be working for the LPA
Group at the Zürich location by the end of the year. The LPA Group has a
long history of successful business relationships in Switzerland and
already has a large number of Swiss financial institutions among its
customers.
The new site in Zürich is another building block in LPA Group’s
aggressive growth strategy. The company is convinced that the
combination of a strong technology focus, expert advice and spatial and
cultural proximity to customers will deliver the best results.
Roland Probst, founder of LPA and CEO LPA Zürich: “In
opening of the Zürich office, the LPA Group is placing another clear
footprint in Switzerland and reaching another milestone in the company’s
history. Since the company was founded in 1999, we have been focusing
on specialist expertise coupled with the digital transformation of the
capital market sector. We have therefore been enjoying success as a
CapTech specialist for a long time, even during the period before the
industry had even defined the term CapTech. We are delighted by the
strong growth in demand for our offerings, both in advisory services and
in CapTech solutions, and are proud to have opened up another globally
important financial marketplace with the new office in Zürich. It will
be hugely enjoyable to work even more closely with our Swiss clients
from now on. With Selda Kocbay and Philippe Andermatt, we are once again
raising our profile and improving our market access.
Selda Kocbay, LPA partner at the Zürich office: “The
LPA Group is one of the recognised innovators and drivers of digital
transformation combined with corresponding advisory services. With the
recent acquisition of the Swiss start-up AAAccell with its focus on AI
and machine learning solutions, we have been able to expand and
strengthen our offerings. I am convinced that this hybrid model of
advisory services and technology solutions is the right approach. We are
looking forward to providing our customers with added value and to
growing their business while complying with all regulatory requirements.
Philippe Andermatt, LPA partner at the Zürich office:
“I am looking forward to opening up and shaping a new chapter in our
exciting and dynamic growth history in Zürich. From now on, we will have
direct contact with our customers and will have a local presence for
our expertise in the financial sector. We will also be in a position to
gain further big-name clients for the LPA Group to add to our existing
cadre of major Swiss customers.
About the LPA Group, formerly Lucht Probst Associates (LPA):
The LPA Group is an enterprise consisting of technology companies
specialising in the demands and characteristics of the capital market
sector and offering specially developed products and services (CapTech)
for that sector. The core business of the multi-award-winning group is
the continual development and expansion of its CapTech suite, a
portfolio of leading technology solutions for automated consultancy,
sales and documentation for financial instruments, structured products
and OTC derivatives. LPA’s products and services help financial services
companies enhance their ability to innovate in their capital market
activities. Specifically, they support their customers in scaling their
business activities (through automation for example), improving their
business processes through sustainable optimisation and digitalisation,
and reversing falling margins and returns – always in compliance with
existing and future regulatory standards. In addition to the products
and solutions in its CapTech suite, the LPA Group offers strategic
consulting, management and implementation services. At its headquarters
in Frankfurt and at ten international locations including Tel Aviv,
London, Zürich, New York, Paris, Copenhagen, Barcelona and Singapore,
almost 400 technology and capital market experts are now working for a
portfolio of international clients.
Press contact
LoeschHundLiepold Kommunikation GmbH
Franziska Mack
Phone +49 (0)89 720 187-293
LPA@lhlk.de