Bringing you live news and features since 2006 

VTB integrates financial management platform into Yandex

RELATED TOPICS​

VTB Capital Investments, a Russian capital management platform, has launched the first comprehensive savings management service for users of Yandex.The new service will enable millions of Russians to invest online in traditional products, in bonds and shares available on the Moscow and St Petersburg stock exchanges, exchange currencies at a rate close to the stock exchange rate, as well as undertake many other operations.

 
VTB is the first bank in Russia to create a capital management platform and provided access to partners. The platform on Yandex has been designed to be accessible for all users, from experienced investors right through to those just starting out with managing their finances.
 
The online process of opening and depositing an account takes only a few minutes. The service can be used by clients of any bank, and the account can be deposited from a card or with a bank transfer.
 
Vladimir Potapov, Chief Executive Officer of VTB Capital Investments, senior Vice President of VTB Bank, says: “Our strategic goal is to make the savings process simple, clear and convenient for every user. Currently, this process is not possible without the use of investment products and technologies. The applied API (application programming interface) technology allows customers simple access to a whole range of premier quality investment and savings products. I am very glad that Yandex, the most popular Internet resource in our country and one of the best search engines in the world, has become our partner in this project. I’m sure that the launch of the VTB platform in Yandex.Plus will be a new step in the development of the savings market in Russia.”

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by