In this episode, Tiago Fernandes, Head of Structured Products at SPi, joins Stefan Wagner to discuss the evolution of structured product markets across Europe, Asia, and North America, and what will shape their future.

From capital protection and tax incentives to data transparency, regulation, and lifecycle automation, Tiago provides a rare global perspective on how structured products are designed, distributed, and managed. Having worked with issuers, distributors, and data providers worldwide, he explains how each region has developed its own ecosystem.

He also highlights the next big challenges for the industry: rising data costs, index licensing monopolies, and the complexity of payoff automation, as well as the growing importance of cross-asset, insurance-linked, and non-bankable assets in meeting investor demand.

What’s Inside:

• How structured product markets differ across Europe, Asia, and the US

• Why tax and capital protection drive product innovation globally

• How automation and lifecycle management are transforming efficiency

• Why data and index costs threaten transparency and margins

• What’s next: insurance-linked, cross-asset, and non-bankable investments

Why Listen:

This episode offers a rare, inside view of how regulation, technology, and investor needs converge to shape the next generation of structured products, told by one of the industry’s most experienced global experts.

#49 Tiago Fernandes - Inside the Global Evolution of Structured Products