AMCs & Trackers

We operate in a fully open-architecture model designed around the portfolio manager’s needs.

Our clients are free to choose their preferred broker and custodian – we have no incentive to favor one over another. And if they want ISP to handle execution, our trading desks deliver professional, efficient execution across asset classes.

Our trading desk has more than 700 lines open open to brokers and financial institutions worldwide, giving us access to liquidity on almost any bond. We also hold a crypto brokerage and custody license operate our own infrastructure for custody, trading, staking, and tokenization, enabling seamless execution and management of digital assets.

Whatever the asset, traditional or digital, we ensure seamless execution with total flexibility.

We handle the full value chain of AMC structuring and issuance – end to end.

From understanding your needs and translating them into a tailored solution, structuring the product through our off-balance-sheet Special Purpose Vehicles (SPVs), acting as Paying Agent, running the day-to-day administration, and calculating the NAV – we take care of everything. Even the issuing jurisdiction can be selected to best meet the needs of you and your investors.

Our clients love this model because it simplifies the operational setup and lets them focus on what truly matters: managing their portfolio.

We deliver seamless, end-to-end product management tailored to all product lifecycle events and client requirements.

Each product is assigned a Swiss ISIN and made internationally clearable through SIX SIS, Euroclear and Clearstream, ensuring maximum accessibility and operational efficiency. We also manage the complete primary issuance process and provide secondary market support. All subscriptions and redemptions are handled centrally by ISP, allowing for smooth lifecycle management and operational simplicity.

In addition, all corporate actions are executed by ISP, ensuring accuracy, timeliness, and full compliance throughout the product’s lifetime.

As a true one-stop shop, our offering extends well beyond product execution. Through a well established partner, we optionally provide access to a user-friendly reporting platform offering a comprehensive product and NAV reporting, as well as full transparency over the underlying investments at any time.

We structure tracker certificates designed to deliver transparent, direct exposure to an underlying asset, index, basked, or rule-based strategy — whether an equity, bond, commodity, digital asset or other eligible instrument. We ensure the tracking mechanics are clearly defined, including reference price sources, calculation methodologies and adjustment rules. The tracker structure is designed to minimize complexity while maintaining regulatory robustness and operational clarity.

By combining disciplined product design with strong documentation standards, ISP ensures that the tracker performs exactly as intended - delivering precise, rules-based exposure that investors can confidently integrate into their portfolios.

We manage the full issuance process for tracker certificates, from Special Purpose Vehicle (SPV) establishment and documentation coordination to ISIN allocation and opening at SIX SIS, Euroclear and Clearstream for international settlement, or technical admission where required. Our streamlined processes enable a rapid time-to-market, particularly important for strategies that require timely access to a specific asset.

Where bankable assets serve as underlying, we coordinate with brokers and/or custodians, calculation agents, clearing systems - and, where relevant, exchanges - to ensure the product is fully operational from day one. The result is a tracker that trades and settles efficiently within the existing securities infrastructure.

Each tracker is housed within a bankruptcy-remote structure that ensures clear asset segregation and investor protection. We maintain strong governance, product oversight, and reporting throughout the product’s lifecycle, providing transparency and operational integrity.

The underlying asset exposure, collateral arrangements (where applicable) and valuation methodology are clearly defined, documented, and continuously monitored.

This governance-first approach ensures that even straightforward tracker structures benefit from institutional-grade controls, reinforcing investor confidence and regulatory alignment.

We provide continuous lifecycle management for tracker certificates, including corporate action handling, cash flow administration and reporting. For trackers referencing equities or similar assets, dividend treatment and structural adjustments are managed according to predefined rules. For other asset types, calculation and valuation processes are continuously monitored to ensure consistent and accurate performance replication.

Our operational platform ensures that the tracker remains compliant, transparent and administratively efficient throughout its lifecycle, allowing issuers and investors to focus on their investment strategy rather than operational complexity.