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Tailor Made Services to Suit Every Need
Wilson Financial Services
T
“Our
mission is to
alleviate the
transactional
journey of
India focused
capital by
providing
bespoke
financial
solutions
delivered
promptly by
a team of
specialists
using
technology &
trustworthy
compliance
practices.”
14
JANUARY 2019
he financial services
industry is more than
just banks where
people park their savings
to be used when needed.
Financial services include
wealth management,
creating a pension fund,
investments, wealth build,
purchase of stocks, mutual
funds, hedge funds and
so on. While venturing
into such markets can be
extremely daunting for
the common man, it is
a usual day at the office
for providers of financial
services. Monitoring
markets in a country and
abroad and managing
their clients’ money is a
massive responsibility
since people decide to pour
in their entire savings into
a financial instrument and
corporations may decide to
do so with a large portion
of their profits.
Wilson Financial Services
(WFS) is a Mauritius
based financial services
provider that among
other things, specializes
in easing the passage
for foreign investors
to make their financial
journey into India. The
Indian markets are tightly
regulated and several
protectionist policies of
the government make it
very difficult for foreign
companies to navigate the
tricky and meandering
corridors of the financial
services sector in India.
The founders of WFS
envisioned a way to
open India up to foreign
investments, creating jobs
and helping the economy
in the process.
Bespoke Financial
Services
The term financial services
encompass a diverse range
of services that money
managers can provide for
their clients. However, each
country has its own set of
regulations to govern the
markets and India is no
different. What works in
most countries may not be
all that effective in India.
In order to circumvent this
obstacle, the founders of
Wilson Financial Services
had to come up with their
own set of tailor-made
services to suit a diverse
clientele, keeping in mind
all the different needs
and laws in India. The last
couple of decades have
drawn significant global
attraction to India, both as
a preferred destination for
technological expansions
and investments in
various sectors. With a
population of over 1.3
billion people, the south
Asian country presents
exciting opportunities for
multinational corporations
to invest in India.
Capitalizing on this
situation, Wilson Financial
Services bagged their
first client for their very
own Global Fund and
Investment Manager entity
domiciled in Mauritius. As
with any startup, the initial
year was a struggle, as
WFS had to go up against
established players in the
industry and needed to
cultivate a reputation for
itself. After taking on their
first client, the team at
WFS had to interact with
multiple intermediaries
across two countries to get
the investment through,
with strict constraints
on time. This was the
company’s first taste of
success and which ended
up being exhausting as well
as exhilarating for WFS.
Trust as a Key
Component
Any business in any
sector needs to have an
established image of it
as being reliable and
trustworthy, and this
is probably the most
important factor in the
world of finance where
customers entrust large
sums of money into the
hands of fund managers.
Clients acquainted with
the financial sector would
know what to expect,
however, for those who are
not aware, blindly trusting
someone with their money
does not come easily.
Another major factor in
India is perception. Most
Indians view the financial
markets as something
similar to making a bet