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Screenshot of a breaking news alert e-mail from Q2 2017
Blackwell Global has established a solid presence in Australia in partnership with Esteem Financials, forming Blackwell Esteem as a coalition that taps on expertise from both sides of the alliance.
In line with plans to serve the Asia Pacific region more extensively, this partnership significantly increases Blackwell Global’s access to the expertise and client base firmly set out by Esteem Financials in Australia, and is proving to be a significant complement to Blackwell Global’s stable presence globally.
With reports of vast growth in capital markets and cross-border banking activity across Asia Pacific, Australia could be primed to emerge as a regional financial hub. Blackwell Esteem, a product of collaboration between the two successful brokerages, is prepared to take advantage of this position.
As regulations continue to be improved in the ongoing reformation of the banking and financial services industry in Australia, the increased customer confidence will result in an improved financial industry as a whole.
“Together, Blackwell Global and Esteem Financials have formed Blackwell Esteem, a partnership that will accelerate and actualise the potential growth in Australia” says Michael Chai, CEO of Blackwell Global, “By tapping into resources from both companies and maximising our expertise as one entity, we strengthen our position as a major player in the Asia Pacific region.”
Vincent Ne, Director of Esteem Financials, shares, “Our business model, ethics and direction are a perfect match. Sharing the same passion and vision for an innovative, transparent and customer-centric brokerage, our joint effort is a fabulous chance to leverage on the expertise from both Blackwell Global and Esteem Financials. This will boost our position as one of the leading brokerages in Australia.”
Blackwell Esteem, fully incorporated in Australia, is regulated by the Australian Securities and Investments Commission (ASIC). To maintain the registration, Blackwell Esteem is obliged to meet strict financial standards, including capital and adequacy requirements, in order to offer financial products and services in Australia. In addition, customer accounts are managed in full compliance with the Australian Client Money Rule, where client funds are fully segregated from company funds, and placed only with tier-1 banks.
According to Blackwell Global, the importance of stringent risk management is paramount, in order to ensure that the best practices are adhered to, a sturdy practice that ensures the integration of these two companies will result in an increased market share through client confidence and a reliable reputation.
Following on the back of an exciting acquisition of Honghoi Investment and Consultant Company in Ho Chi Minh City, Vietnam, 2014 proves to be a rising year for Blackwell Global’s ongoing expansion plans, kicking off the year with a successful launch of their presence in Lagos, claiming their stake as the first true Straight-through Processing (STP) brokerage in Nigeria.
With Blackwell Esteem as the latest addition, Blackwell Global’s rapid progression includes 8 offices worldwide within 4 years, providing institutional clients, partners and retail clients with support and services in more than 30 countries globally.