Lombard Odier Group has today announced an investment and partnership with Taurus, a leading Swiss provider of digital infrastructure for banks, asset managers and stock exchanges that specializes in blockchain and digital asset solutions.
Blockchain is playing an increasingly important role in revolutionising many aspects of the economy and banking services, making it essential to identify and leverage innovative technologies.
Lombard Odier has a long-standing strategic approach to remain at the forefront of technological developments by investing heavily in its own proprietary banking technology and by integrating client-centric digital solutions. We also provide our industry-leading banking technology as a service to other financial institutions.
Alexandre Zeller, Managing Partner and Head of Technology and Operations at Lombard Odier, commented, “Lombard Odier has always taken a strategic approach to building its own proprietary banking technology and fostering innovation. Through this engagement, we are confident that Lombard Odier will remain at the forefront of technological developments in the field of Blockchain and digital assets, enhancing our offering for clients and third parties using our platform.”
In addition to building its own technology, Lombard Odier consistently engages with fintechs and integrates new technologies.
In 2017, the investment management division of Lombard Odier completed its first bond transaction using blockchain. The purchase of catastrophe bonds was among the first secondary market transactions completed on blockchain.