Avendus Capital, a full service institutional financial services firm based in India, today announced it has selected Thomson Reuters as its content solutions provider to aggressively grow its wealth management business in the country.
Kartik Kini, Chief Administrative Officer, Avendus Wealth Management said: "Our objective at Avendus Wealth Management is to create a world class platform with innovative solutions. With Thomson Reuters as our content solutions provider, we will be able to provide our clients with best-in-class market data and extensive research, which will allow us to bring innovative products to the market faster. The synergy with Thomson Reuters will put our equity coverage ahead of the competition."
Thomson Reuters has created a unique solution for Avendus Wealth Management that combines the Thomson Reuters Knowledge Direct market data feed and ThomsonONE.com desktop. This combination creates a superior and a unique service offering that increases productivity of the advisory and research functions in wealth management firms. The solution achieves this by providing wealth management firms with the ability to integrate Thomson Reuters content and tools into their private client offering while allowing the firm to leverage the vast knowledge and information available through the desktop.
Tarun Anand, Managing Director and Head of South Asia, Thomson Reuters said: "We are delighted that Avendus Wealth Management has selected Thomson Reuters as their content solutions provider in their endeavor to offer their clients a world class solution. Thomson Reuters is committed to leveraging our resources and global reach to add significant value to Avendus and all of our clients in the region."