PRNewswire
Jersey City (New Jersey) (USA)/ Ahmedabad (Gujarat) (India), August 12: ViewTrade Holding Corporation (“ViewTrade”) today announced the establishment of its newly licensed brokerage and fintech regional headquarters, ViewTrade International IFSC Private Limited (“VTI IFSC”) in GIFT City, India and that it has received its IFSC trading member license with the National Stock Exchange IFSC (“NSEIX”). This license enables VTI IFSC to offer B2B2C brokerage, custody and technology solution services from GIFT City and enable financial services firms in GIFT City to open, fund and manage global market access brokerage accounts for their clients based in India and the rest of the world.
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To serve the needs of asset managers, institutions and retail clients, VTI IFSC will support a wide range of financial products including equities, ETFs, depositary receipts, futures and options, UCITS, mutual funds, fixed income, commodities, structured products and alternative asset classes. The new entity will also manage margin accounts and facilitate connectivity to banking networks worldwide to enable efficient and seamless movement of funds to and from accounts.
Located in the GIFT City Special Economic Zone, VTI IFSC’s new office serves as a 24/7 hub for cross-border investment and technology services for retail, wealth and institutional clients around the world. By maintaining their Global Access Brokerage account in GIFT City, account holders also avoid the hidden risks associated with maintaining accounts in different jurisdictions, such as inheritance tax on assets held in US accounts, ensuring a safer and more seamless global investment experience.
ViewTrade International’s IFSC license comes at a particularly important time as the Asia Pacific, India and Middle East regions are experiencing strong growth and demand for cross-border investment, underscoring the region’s importance to the global financial system. In addition, GIFT City offers easy access to resources and client outreach opportunities that enable efficient service delivery on a global scale.
“We are excited about the opportunities our new office in GIFT City will open up for VTI IFSC and its clients,” said Ronit Kar, CEO of ViewTrade International IFSC. “This move reinforces our pioneering status and aligns perfectly with our mission to become a global driving force for innovation in cross-border investments and financial markets as a whole.”
Tony Petrilli, CEO of ViewTrade Holding Corp, said, “The establishment of ViewTrade International IFSC as our regional headquarters significantly expands our global presence and provides us with unique access to one of the largest talent pools and fastest growing financial markets and economies in the world today.”
“We are committed to providing our clients with a comprehensive set of technology, operations and access solutions that streamline financial services and enable innovation in the customer experience,” Petrilli continued. “By deploying and expanding our capabilities from regional centers, we can provide wealth managers, family offices, fintechs, retail brokers, private banks, hedge funds, asset managers and other financial institutions with tailored technology and product access solutions that streamline their operations and support their clients wherever they are. We are excited about the new customer experiences our clients can create by working with VTI IFSC.”
About ViewTrade Holding Corp (“ViewTrade”)
ViewTrade is the driving force behind cross-border investing for financial services firms around the world. We provide the technology, support and brokerage services that business innovators need to quickly launch or enhance a retail investment experience. Now in our third decade, our approach has helped over 300 companies – from technology startups to major banks, brokers and advisors – create the differentiated investment experiences their clients demand. With clients in over 30 countries and a team that brings decades of experience and knowledge in brokerage technology and services, we help our business clients deliver the investment access and financial solutions they need.
For more information, visit https://viewtrade.com and follow the company on LinkedIn.
About ViewTrade International IFSC (“ViewTrade IFSC”)
ViewTrade IFSC provides technology, support and digital brokerage services for business innovators. Located in the Special Economic Zone of GIFT City, ViewTrade IFSC serves as a product hub to enable cross-border investment and technology services to retail, wealth and institutional clients of ViewTrade’s financial services clients around the world.
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