News and Announcements
iFAST FY16 Update: More Investment Products and Services, Stockbroking Firm in Hong Kong Acquired & New Partnerships
- Published July 11, 2016 4:15PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
iFAST Corp has strived to enhance our platform’s capabilities by including more investment products and services, including bonds, ETFs and online discretionary portfolio management services. In 2016, our acquisition of a stockbroking firm in Hong Kong was completed in January, and we launched our stockbroking services on our HK B2B platform subsequently in June. Our China business was also soft-launched in March. We partnered an online media company to provide online fund transactional capabilities for their customers, and we also recruited wealth advisers under our ‘platform-cum-IFA incubator’ strategy to promote the wealth advisory industry in China. The Group also acquired a stake in the holding company of the iFAST India business in April.
ABOUT IFAST
iFAST Corporation Ltd. (“iFAST Corp”) is an Internet-based investment products distribution platform. Incorporated in the year 2000 in Singapore and listed on the SGX-ST Mainboard on 11 December 2014, iFAST Corp provides a comprehensive range of services, including investment administration and transactions services, research and trainings, IT services and backroom functions to banks, financial advisory firms, financial institutions, multinational companies, as well as investors in Asia. The company is also present in Hong Kong, Malaysia and China.
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