iFAST Financial India Pvt Ltd, a wholly owned subsidiary of Singapore-based iFAST India Investments Pte Ltd, today launched its integrated wealth management platform in Ahmedabad.
The online business-to-business platform will offer mutual products and services to idependent financial advisors (IFAs). The platform will act as the link between the asset management companies (AMCs) and the IFAs, financial instituitions and their respective clients.
In India, the company will provide comprehensive services such as investment administration, research, investment trainning, IT services and back office functions. "Investors in India currently lack one-stop-shop for their financial planning. The launch of iFast financial will pave the way for a new breed of personal financial intermediaries. No longer will consumer need to be tied to any long term products when they want investment exposure", said Rajesh Krishnamoorthy, MD, iFast Financial India Pvt Ltd.