ViewTrade Holding Corp. has announced its partnership with Seminario y Cia Sociedad Agente de Bolsa S.A., which claims to be the largest “independently owned” retail broker-dealer in Peru.
As mentioned in a release, the integration with the Fintech solutions provider ViewTrade is now “enabling Seminario’s customers to invest in U.S. securities online.”
Kenneth Chan, MD at ViewTrade Holding Corporation and President of Orbis Systems, stated:
“This partnership is revolutionary for Seminario and its retail clients in Peru, and we are proud to offer the turnkey solutions that are driving it.”
Chan added:
“Before now, Seminario’s retail customers were primarily placing trades in U.S. securities via telephone, speaking with a locally registered Seminario representative each time they wanted to initiate a transaction. This integration is another example of how we are helping to democratize investing across the globe, and we look forward to enabling further growth for Seminario.”
Fintech solutions provider, ViewTrade, “enables Seminario’s customers to invest in U.S. securities online.”
The announcement also mentioned that the backend integration and launch of ViewTrade’s white-labeled trading platform “took only two weeks.”
After launch, retail clients of Seminario began trading “directly through an agile, intuitive and secure platform that is proven to withstand heavy trading volumes and volatility,” the update revealed.
The release also noted that by integrating with the Fintech solutions provider, Seminario “avoided having to invest in increasing headcount or building its own financial technology infrastructure, which could take years to develop.”
Javier Cuzzi, Head of Methods and Systems Organization, remarked:
“The plug-in fintech infrastructure and turnkey solutions that ViewTrade provides are now enabling us to meet the heavy retail investing demand we are experiencing in Peru – and in the most efficient way. This has been an incredible milestone in our fintech evolution and we look forward to continuing to offer our clients a more frictionless experience for investing in U.S. securities.”
As noted in the release, ViewTrade Holding Corp., via its subsidiaries ViewTrade Securities, Inc. and Orbis Systems, Inc., is focused on supporting the industry in “the digital shift to embedded finance and helping to democratize investing across the globe.”
ViewTrade “offers clients – ranging from broker dealers to Fintech disruptors and financial institutions — a competitive edge by providing a direct and cost-efficient connection to U.S. markets.”
At present, ViewTrade serves clients in over 20 countries across four continents, “representing millions of individual investors.” Their offerings “translate into multiple languages and provide client service in more than a dozen languages. As a B2B firm, we never compete with our clients for business,” the announcement added.