Despite a few structured products failing to return investors' capital in full, nearly 500 products have been offered this year compared with just over 300 for the whole of 2002. There are now over 80 product providers, including a few IFA groups, which are issuing their own products, so the competition is hotting up.
Future Value Consultants has launched datapricer.com, an innovative system which helps product providers in the pricing, analysis and design of new structured products. It provides indicative market pricing and historical data from the underlying assets, easy definition and saving of underlying assets and product types from templates for future use, plus information on benchmark products and current market offerings.
It also provides product pricing, analysis of product outcomes, using both historical and simulated data, the ability to search for products in a target price range and the ability to use prices seen in the market to quickly price other products on a consistent basis.
This completely new system will provide product providers with more analysis of structured products than has ever been offered before, enabling them to obtain the best value in innovation for their products before they purchase the necessary assets.
It will greatly speed up the design process of any one looking for a new structured product to bring to the market.
Future Value Consultants also provides the most in-depth analysis available on the market and rates products for each type of taxpayer and tax wrapper. The two highest-rated plans available until January 9, 2004 are Keydata dynamic growth and Keydata extra income.
Every IFA should look at its website before recommending these products to clients.