StoneX Expands Structured Finance Business With New Global Securitisation Platform | LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis
StoneX Group said Thursday that it has launched a securitisation banking, lending and capital-markets platform aimed at broadening its structured-finance capabilities and deepening its presence in institutional credit markets.
The firm said the new business will provide tailored capital-markets solutions, lending facilities and investment opportunities across a wide range of asset classes, with an emphasis on non-traditional sectors requiring specialist structuring expertise.
The initiative builds on its existing fixed-income sales and trading franchise.
Robert Laforte, global head of fixed-income sales, commented: “Clients are increasingly looking for partners who can help them navigate complex financing structures and unlock value across specialised asset classes.”
He added that expanding into securitisation “deliver[s] more integrated financing and capital markets solutions.”
StoneX has spent more than a year developing the platform, which will encompass advisory work, lending activity and structured-finance investments. The firm is currently hiring additional banking and analytics professionals as it scales globally.
To lead the expansion, StoneX has appointed Rob Sannicandro, a structured-finance veteran with more than 20 years’ experience at major Wall Street institutions.
Sannicandro states: “The opportunity now is to extend that foundation into structured finance by delivering creative, disciplined financing solutions across a range of asset sectors.”
