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GRUPO CORIL Company

  

Grupo Coril Company: A Comprehensive Overview

  

1. Company Overview

  

Founding Date and Background

  Grupo Coril was founded in 1991 in Lima, Peru, under the legal name Grupo Coril S.A.B. The company emerged with a mission to offer personalized and quality financial services, distinguishing itself from traditional service offerings in the market. Over the past three decades, Grupo Coril has built a reputation for integrity, honesty, and loyalty in its operations.

  

Parent Company/Ownership Structure

  Grupo Coril operates as a private entity, with various subsidiaries that specialize in different areas of financial services. It includes entities such as Grupo Coril Sociedad Agente de Bolsa (stock brokerage), Grupo Coril Sociedad Administradora de Fondos (fund management), and Corfid Corporación Fiduciaria (trust services). Each of these subsidiaries operates independently but under the Grupo Coril umbrella, contributing to its overall business model.

  

Headquarters Location

  The headquarters of Grupo Coril is located at Calle Monterosa N° 256, Piso 12, Chacarilla del Estanque, Santiago de Surco, Lima, Peru. This central location positions the company strategically within the financial landscape of the country.

  

Global Business Scope

  While primarily focused on the Peruvian market, Grupo Coril has expanded its services to include operations in seven regions across the country. The company offers consulting, currency exchange, and brokerage services, catering to a diverse clientele that includes individual investors, small and medium enterprises, and large corporations.

  

Main Regulatory Bodies

  Grupo Coril is regulated by the Superintendencia del Mercado de Valores (SMV) in Peru, which oversees the securities market, ensuring compliance with local laws and regulations. Additionally, the company holds ISO 27001:2013 certification for information security and ISO 37001 for its anti-bribery management system.

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2. Company History and Development

  

Key Milestones

  • 1991: Grupo Coril was established, marking its entry into the financial services sector.
  • 1997: The company launched its brokerage house, Grupo Coril Sociedad Agente de Bolsa, focusing on fixed income securities.
  • 2011: Expansion into mutual fund management with Grupo Coril Sociedad Administradora de Fondos.
  • 2014: Introduction of structured finance solutions through Grupo Coril Sociedad Titulizadora.
  • 2020: Grupo Coril managed assets worth S/ 8,705 million, solidifying its position as the #1 non-bank securitization company in Peru.

  

Business Expansion Journey

  Grupo Coril has progressively expanded its operations beyond Lima, opening offices in key provinces such as Piura and Arequipa. This expansion has allowed the company to tap into new markets and broaden its customer base, enhancing its service offerings to clients in various regions.

  

Customer Base Growth

  The company has successfully grown its customer base, now serving over 101 to 250 clients, including institutional investors and individual clients. This growth is attributed to its commitment to understanding clients' financial needs and providing tailored solutions.

  

Platform Development History

  Grupo Coril has continuously evolved its trading platforms to meet the demands of modern investors. While it does not currently offer trading on platforms like MetaTrader 4 or 5, the company provides various financial instruments through its proprietary systems.

  

Important Awards or Recognitions Received

  Grupo Coril has received several accolades for its performance, including recognition as the fastest-growing trust company and the top non-bank securitization firm in Peru. These awards highlight the companys commitment to excellence in service delivery and financial innovation.

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3. Trading Services Offered

  

Forex Trading Options

  Grupo Coril offers a range of forex trading options, providing access to various currency pairs. While the exact number of currency pairs is not specified, the company enables clients to trade major and minor currencies, facilitating diverse trading strategies.

  

Stock Trading Options

  The company provides stock trading services through its brokerage arm, allowing clients to buy and sell shares on the Lima Stock Exchange. This service is tailored to meet the needs of both novice and experienced investors.

  

CFD Trading Products

  Grupo Coril also offers Contracts for Difference (CFDs), enabling clients to speculate on price movements without owning the underlying asset. This service expands trading opportunities, allowing clients to leverage their investments.

  

Other Financial Instruments

  In addition to forex and stock trading, Grupo Coril provides access to various financial instruments, including commodities and investment funds. The company aims to cater to a wide range of investment preferences, including low-risk assets for conservative investors.

  

Special Services or Unique Advantages

  Grupo Coril differentiates itself by offering personalized financial advisory services, ensuring that clients receive tailored investment strategies. The company also emphasizes transparency and integrity in its operations, which has helped build long-term relationships with clients.

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Detailed Regulatory Information

  Grupo Coril is primarily regulated by the Superintendencia del Mercado de Valores (SMV) in Peru. The company adheres to local financial regulations and has obtained certifications such as ISO 27001:2013 for information security and ISO 37001 for anti-bribery management.

  

  The company operates through various legal entities, including:

  • Grupo Coril Sociedad Agente de Bolsa: Focused on securities intermediation.
  • Grupo Coril Sociedad Administradora de Fondos: Specializing in fund management.
  • Corfid Corporación Fiduciaria: Providing fiduciary services.

  

Client Fund Protection Measures

  While Grupo Coril is not fully regulated in some areas, it takes client fund protection seriously. The company employs robust security measures to safeguard client information and assets, including compliance with international standards.

  

Countries/Regions Served

  Primarily serving Peru, Grupo Coril has expanded its reach to seven regions within the country. The company focuses on providing services tailored to the local market while maintaining compliance with national regulations.

  

Compliance History

  Grupo Coril has maintained a strong compliance record, adhering to the regulations set forth by the SMV and other governing bodies. The companys commitment to ethical practices and transparency has contributed to its positive reputation in the financial sector.

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5. Competitive Landscape

  

3-5 Main Competitors

  Grupo Coril faces competition from several key players in the financial services sector, including:

  • Dominium Capital
  • R & Q Triton
  • THG Capital Markets

  

Positioning in the Industry

  Grupo Coril positions itself as a trusted provider of financial services, emphasizing its long-standing reputation for integrity and personalized client service. This positioning helps attract clients seeking reliable financial partners.

  

Market Differentiation Factors

  The company's commitment to transparency, personalized service, and a comprehensive range of financial products sets it apart from competitors. Grupo Corils focus on ethical practices and client relationships further enhances its competitive advantage in the market.

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  In conclusion, Grupo Coril has established itself as a prominent player in the Peruvian financial services market, leveraging over 32 years of experience to provide a diverse range of services while maintaining a strong ethical foundation. As it continues to grow and adapt to market changes, Grupo Coril remains committed to guiding its clients toward achieving their financial goals. For more information on Grupo Coril and its services, please visit their official website.

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