InnovestX Securities Co., Ltd., the flagship financial and investment business of the SCBX mothership, has entered into a memorandum of understanding with leading global financial institution Goldman Sachs to develop innovative investment products for the Thailand market. The collaboration between the two leading financial institutions will provide Thai investors with access to a vast array of Goldman Sachs investment products in global capital markets. Through this collaborative effort, InnovestX will be able to significantly expand its domestic trading client base for institutional and retail clients alike.
In announcing the collaboration, InnovestX CEO Dr. Arak Sutivong stated, “At InnovestX, we understand how important it is for investors to have access to a wide range of investment options from global capital markets. We actively sought out a partner with experience and credibility. Together, InnovestX and Goldman Sachs are taking a major step toward providing domestic trading for institutional and retail investors providing investment possibilities of the highest calibre.”
Chris Chan, head of Global Markets Distribution for Southeast Asia at Goldman Sachs, said, "We see opportunities in Thailand’s growing securities market and are pleased to be working with InnovestX in bringing global products to local investors.”
InnovestX is dedicated to offering a wide range of financial and investment products. The collaboration also aligns with its corporate strategy “Future of Finance Reimagined” that strengthens its securities offering and develop infrastructure. The result will be a complete future financial and investment industry ecosystem that meets the needs of investors sustainably.