Innovestx

The main activity of InnovestX is to provide a comprehensive platform of investment and portfolio management services, accessible through a single application. The company offers a wide range of financial products, including:

• Thai and international equities (over 10,000 companies in 23 countries)
• Mutual funds (over 2,000 funds from 21 asset management companies)
• Foreign funds and tax-advantaged funds
• Smart portfolios (automated management, robo-advisor, thematic portfolios, etc.)
• Digital assets (cryptocurrencies and tokens, with bank-grade security)
• Bonds and debt securities, including international ones
• Derivative products (Thai futures market TFEX, US options, block trades, etc.)
• DR (Depositary Receipts) to invest internationally as on the local market
• Securities lending/borrowing services
• Private funds with customized management

InnovestX primarily targets retail and institutional investors in Thailand, offering them access to local and international financial markets, as well as diversified and innovative investment solutions. The company emphasizes the democratization of investing, risk management, and educational support for all investor profiles.

History and Key Milestones of InnovestX

InnovestX, a subsidiary of the SCBX group (SCB X Public Company Limited), was founded in 1995. From its inception, the company positioned itself as a major player in finance and investment in Thailand, with the mission of democratizing access to investment for all Thais and fostering sustainable financial growth.

Key milestones in its development:

• 1995: Company founded, initially under the name SCB Securities, integrated into the Siam Commercial Bank (SCB) group.
• Transition to InnovestX: The company adopts the name InnovestX to reflect its digital transformation and ambition to be a next-generation investment platform, placing technology and innovation at the heart of its services.
• Development of products and services:
  • Comprehensive investment offering: Thai and international equities, ETFs, mutual funds, bonds, derivatives (TFEX, US Options), smart portfolios (robo-advisor, goal-based, thematic), digital assets (cryptocurrencies, tokens), securities lending/borrowing services, and private funds.
  • Launch of digital platforms: mobile application, WebTrade, integration with TradingView, to facilitate access to investment and portfolio management.
• Strategic partnerships:
  • Collaboration with China Asset Management (ChinaAMC) to launch new DRs (Depositary Receipts) on international equities and ETFs, facilitating access to global markets for Thai investors.
• Acquisitions and innovations:
  • Obtaining licenses for digital asset brokerage and exchange activities, positioning InnovestX as a pioneer in regulated cryptocurrency and token investment in Thailand.
  • Deployment of automated and personalized investment solutions using artificial intelligence and data science.
• Recent strategic changes:
  • Adoption of the “All-weather Investment Products” concept: selection of quality assets, diversification, and adaptation to all economic cycles.
  • Strengthening of educational offerings with InnovestX Academy, CafeInvest, and educational content to support all types of investors.
• Recognition: InnovestX has received numerous national and international awards, confirming its status as a leader in financial innovation in Thailand.

Today, InnovestX stands out as a trusted investment and digital services platform, offering a comprehensive range of products to meet all investor needs, from beginner to professional, while relying on technology and innovation to shape the future of finance.

The founder of InnovestX is Siam Commercial Bank (SCB), one of the largest banks in Thailand. InnovestX, formerly known as SCB Securities, is a subsidiary of the SCB group specializing in digital financial services and investment.

The main members of the InnovestX executive team are:

• Mr. Orapong Thien-Ngern – Chief Executive Officer (CEO)
• Mr. Chatchaval Jiaravanon – Chairman
• Mr. Apiphan Charoenanusorn – Director
• Mr. Arthid Nanthawithaya – Director
• Mr. Chalee Asavathiratham – Director

InnovestX thus benefits from the expertise and strategic support of Siam Commercial Bank, enabling it to position itself as a key player in digital finance and investment in Southeast Asia.