iFAST Corporation Ltd. 2020 AR2
The report highlights iFAST Corporation Ltd.'s performance in 2020, during which the company experienced accelerated digitalisation due to the COVID-19 pandemic. The Group's assets under administration (AUA) grew 44.5% year-on-year to a record $14.45 billion, driven by net inflows of client assets of $3.16 billion. Net profit increased by 122.3% to $21.15 million, demonstrating the scalability of its business model. On the sustainability front, the company focused on equal employment opportunities, cybersecurity, and financial literacy, while reducing its average energy consumption per employee in Singapore by 33.5%.
Company: iFAST Corporation Ltd.
Sector: Finance & insurance
Country: Singapore
Year: 2020
Type: AR2
Pages: 216
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iFAST Corporation Ltd.
Annual Report
The report highlights iFAST Corporation Ltd.'s performance in 2020, during which the company experienced accelerated digitalisation due to the COVID-19 pandemic. The Group's assets under administration (AUA) grew 44.5% year-on-year to a record $14.45 billion, driven by net inflows of client assets of $3.16 billion. Net profit increased by 122.3% to $21.15 million, demonstrating the scalability of its business model. On the sustainability front, the company focused on equal employment opportunities, cybersecurity, and financial literacy, while reducing its average energy consumption per employee in Singapore by 33.5%.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Employees