EFG Financial Products Group, part of Zurich-headquartered EFG, has opened a London office, a branch of its subsidiary, EFG Financial Products (Europe).

The EFG Financial Products Group designs investment products based on a structured products platform, according to a statement from the company.

“The UK is following other European countries in increasing the use of derivative-based products. The client-focused product and security solutions have been specially designed to offer maximum liquidity, flexibility and transparency,” said Alex Robinson, branch manager of EFG Financial Products (Europe), London branch.

The EFG Financial Products Group specialises in collateral-secured instruments (COSI), developed by the SIX Swiss Exchange. COSI products, EFG says, reduce investors’ counterparty risks - a key issue in recent years - by depositing collateral in the form of securities or cash deposits.

The structured products issued by EFG Financial Products Group companies are guaranteed by EFG International, the Swiss-based global private banking group.