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BANKING TECHNOLOGY | Tony Chua, Australia

Westpac provides online investors global access

Lender enables its 250,000 online customers to access to over 30 markets with new product suite.

Westpac Online Investing adds a managed funds supermarket, international shares and U.S. exchange-traded options to its product suite, allowing its more than a quarter million investors better access to overseas markets.

Westpac Online Investing announced the launch of three new products, available online this month, namely the Managed Funds Supermarket, International Shares across close to 30 countries and U.S. exchange traded options.

Meanwhile, the international shares will be available across most major stock exchanges while the managed funds supermarket is designed as almost a one-stop-shop outlet for online customers who wish to compare all kinds of funds. The managed funds supermarket will also offer contribution fee rebates of up to 100 per cent for certain funds.

Westpac Online Investing has over 250,000 customers that it targeted through this new products launch, enabling them to trade these new products online.

View the full story in the Financial Standard.

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