ViewTrade, a global leader in investment and trading technology solutions, has officially entered the Australian market. With a new regional HQ in Sydney, ViewTrade aims to enhance global market access, reduce inefficiencies, and create new investment opportunities for Australia’s superannuation assets, which are projected to reach roughly $9 trillion by 2041.
Key highlights of ViewTrade’s entry include:
– $240M in Potential Savings: Simple transformations in Australia’s wealth management landscape could save $240 million annually, particularly by improving the efficiency of trading $474 billion of equities held by Australian accounts in the US.
– Global Presence: As of December 31, ViewTrade manages over $20 billion in assets globally and has brokered $860.9 billion in equity orders between 2020 and 2023, marking its presence in its 30th country.
CEO Tony Petrilli expressed excitement about the launch, highlighting Australia’s sophisticated wealth management expertise and high growth potential. The local team, led by Nigel Singh and supported by Carl Brazendale and Kerri Buggy, is set to deliver innovation and efficiency to Australian firms, leveraging world-class technology and unparalleled global access.
Read the full article: The Australian
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