Competition from non-bank liquidity providers is reshaping structured products hedging, but fragmented systems and manual post-trade processes risk becoming the next constraint on market growth
The structured products market is expanding rapidly, but the infrastructure supporting the increasingly complex OTC derivatives used to hedge those products is struggling to keep pace. Every new hedging relationship creates another bilateral contract to match, confirm and maintain - Daniel Ivanier Global structured product issuance exceeded US$1.9 trillion in 2025, more than double 2020 volumes, as investors continue to seek customised investment outcomes and global private wealth expa