The latest in funds and investments across North America.

Luma Financial Technologies
Luma Financial Technologies, a new venture formed by co-investors Navian Capital, Bank of America Merrill Lynch and Morgan Stanley, has launched a multi-issuer electronic platform for structured products and annuities.

The venture will build on and extend capabilities in workflow automation, post-trade position monitoring, and comprehensive education, training and compliance management. The platform will now be available to any distributor.

Founded in 2005, Navian Capital offers financial professionals access to investment opportunities including market-linked CDs, structured notes, proprietary structured investments, as well as fixed, indexed, and variable annuities. It is headquartered in Cincinnati, Ohio.