Tag: Mutual Fund Software For Distributors in India

7 Benefits of Mutual Fund Software to Financial Advisors

Every industry evolves with the time which also lasts impact upon the company working in, as a result of which the changes are adopted as regular practice by the firm. The financial advisors working in the mutual fund business continuously need to implement the latest tools as to compete in the market.

REDVision Technologies is the leading provider of wealth management solution delivering complete solution to the advisors. Choosing right provider is the first step advisors need to take for success.

What challenges advisors face while doing business?

  • High operational cost.
  • Difficulty in data management.
  • Issues in tracking investor’s portfolio.
  • No facility of research.

Below are some popular benefits of financial platform to advisors

  • On Boarding
    Many advisors face difficulty in registering clients which involves complex steps as a result of which the advisors are unable to get more number of clients. To solve the issue, Mutual Fund Software is developed which is integrated with BSE platform providing the convenience of on boarding new investors. The procedure of registration made simpler which assist advisor in attracting new clients in the business.
  • KYC
    Collecting KYC is essentials for the advisors before investing the funds of the clients and through the online solution the advisors can easily collect KYC without face to face meeting. Also the burden of paper based applications reduced with the scanned format and the also the verification process became quite too instant.
  • Funds Tracking
    Since the arrival of the assisting technology the advisors can easily track the funds of the investors based on which particular action can be adopted as to deliver optimum results. The Mutual Fund Software for Distributors enables to keep a constant supervision which eliminates the chances of loss.
  • Portfolio Management
    In lack of technology the advisors were not potential of dealing with multiple investors and managing the portfolios of such investors becomes a hectic with no assistance. The financial tool boosts the productivity of the funds and adds more efficiency to the business of the advisors. Also the advisors can analyze the portfolio at a glance.
  • Cost Effective
    The advisors operational cost of the firm gets reduced with the adaption of the financial platform which also minimizes the efforts of the advisors. The advisors operations become smoother and ease the management of the firm.
  • Research
    Research gives advisors the potential to estimate the future returns on present date based on which recommendations to the investors can be delivered. The advisors can also select schemes based on the past performance which has generated high dividends on the invested funds. It also reduces the chances of loss and helps investments to survive even in volatile market.
  • Reports
    Reports present the actual result of the funds invested by the advisor on behalf of the investors. The advisors can attract more investors when they present reliable reports in front of the clients and also the current values are shown.

Takeaway

Thus, having a Mutual Fund Software for IFA is must as to make the business process more efficient and to enhance the productivity of the advisors firm. It even assists advisors in competing with the rival firm and to set a benchmark in the industry.

For more information, visit @-https://www.redvisiontech.com/

Why Mutual Fund Software Mitigates Market Risk?

The business of the advisors possess high risk which involves management of multiple portfolios at a time in order to deliver desired return to each client without suffering loss on the invested amount. The management of these multiple portfolio manually isn’t possible for advisor and thus need an assistant who can help advisors to deal effectively with all such portfolios. To ease the operations of advisors the My-Eoffice has introduced the digital platform in the form of Mutual Fund Software which conveniently regulates multiple portfolios of the clients.

Benefits to the advisors:

  1. Systematic reports generation for investment planning.
  2. Retain clients for long term while attracting new one.
  3. Financial calculators for estimating future returns
  4. Multiple transactions can be performed.
  5. Several clients are easily managed and get services.

Issues without having software:

  1. No goal based investment or planning.
  2. Difficult to serve each client.
  3. Typical to retain clients for long term.
  4. No data management.
  5. High cost of transactions.

The digital platform is essential for each business and advisors to exist for long term in the market and to compete with the rival firms. Those businesses have maximum chances of getting success which have adopted software for accomplishing back operations of the business and also are doing well along with setting benchmarks in the industry.    

For more information, visit @-https://my-eoffice.com/

How Mutual Fund software for Distributors is Effective for Managing Several Clients?

Since the incorporation of a business clients are the key assets which became the reason for growth and development of the firm and also ensures its survival in the long run. As the time flies the number of client’s increases with the distributors and a stage arrives where handling a large network of investors becomes a biggest challenge in front of distributors. In such scenarios distributors need to have a technical assistant who can take care of all clients on their behalf. The Mutual fund Software for Distributors has really made possible to do so and the credit goes to the My-Eoffice who turned the dream into reality.

Advantages to Distributors

  1. Availability of different reports to perform portfolio analysis.
  2. Secured portal to maintain business information.
  3. Facility to calculate future returns on current investment.
  4. Several facilities to easily operate business functions.
  5. Convenient management of multiple clients of business.

Therefore, the financial tool is beneficial from all perceptions which prove advantageous for the distributors and investors as well. The technical platform eases the operations and efforts of the distributors and contributes efficiency. It also made possible for the firm to stand competitive in the market and provide tough competition to the rival firms. For more information, visit @- https://my-eoffice.com/

Why Mutual Fund Software is assistive for advisors?

In former times, managing business operations of an advisory firm used to be typical and were a challenging job as a result of which many firms went out of industry for lack of management. The advisors needs for an assistance which can perform all back end operations with ease and with the introduction of Top Mutual Fund Software the search of advisors came to an end. Among all software providers RedVision Technologies is proving more beneficial and cost effective for advisors which is accurately handling all operational stuff of the business.

Main Features:

  1. Wealth Report generation for status of invested funds.
  2. Research Facility for top schemes and Financial Calculators for estimation of returns.
  3. Portfolio Rebalancing to reduce risk and generate optimum profit.
  4. Wide reach to clients across the globe.
  5. Improves revenue and sales for the firm.
  6. Management of Multiple Assets held by client.

The advisor operating business with the assistance of software are ruling the industry and setting apart benchmarks for the competitors which is enhancing recognition of the firm in the entire investment market. The advisor benefit is top most priority of the software and to solve all complexities restricting the growth of the firm. The digital platform is backed by highly advanced features that deliver solution for every issue.

For more information, visit @-https://www.redvisiontech.com/

How Mutual Fund Software for IFA Generates Expected Results?

The advisors functions are unlimited while handling the portfolios of multiple clients and not easy to deliver high returns on each portfolio without any assistance. The advisors need a technology which is capable to perform tasks on behalf of the advisors and smoothly operate the management of the business. The REDVision Technology has introduced Mutual Fund Software for IFA which boosts the performance of the portfolio in order to earn lucrative returns.

Benefits of software:

  1. Goal based investment for better results.
  2. Improves business transactions and productivity.
  3. Several report generation for tracking status.
  4. Anytime access from any device.
  5. Highly advance features for complex issues.

Issues without having software:

  1. No data management.
  2. Difficult to serve each client.
  3. No goal based investment or planning.
  4. Typical to retain clients for long term.
  5. High cost of transactions.

The platform is essential for every business and advisors to exist for long term in the market and to compete with the rival firms. Those businesses have maximum chances of getting success which have adopted software for accomplishing back operations of the business and also are doing well along with setting benchmarks in the industry.     

For more information, visit @-https://www.redvisiontech.com/

How REDVision Technologies Assisting Advisors in Managing Business?

The advisors are the key persons who play an important role in the investment markets and effectively utilize the funds of the investors in order to deliver them their expected returns. As the number of clients is numerous it becomes typical to manage portfolio of each and every investor, thus requires a tool that can deal on their behalf effectively. The REDVision Technologies helps such advisors by providing a platform in the form of Mutual Fund Software where the portfolio of every investor can be easily monitored and ensures improvement in the status of the funds.

Benefits to advisors

  1. Secured Digital Platform: The websites and applications are backed by high security and the data is stored at cloud servers which can be accessed from any device irrespective of location barriers. The digital platform facilitates interrupted transactions amid the investor and advisors.
  2. Goal Based Financial Planning: The advisor can provide a detailed investment planning to the investors to extract the optimized return from the market while minimizing the risk from the funds and also suggests roadmap to achieve the planned goal in the desired manner.
  3. Complex Solutions: The Software and Websites are developed with a view to eliminate every single problem of advisor facing in the investment market. The software is embedded with highly advance feature that never allows your business down.

The advisors depending upon the manual process of operations are facing multiple issues and among them most of the businesses are on the verge of closure due to ignoring the dynamic changes in the industry and lack of adaption to latest technology.

The firms forecasted the upcoming changes and molded into the same are growing continuously along with satisfying the needs of every client. The latest tools help the firm to predict the future changes and assist in adapting the same to remain unaffected and also to retain the same market share for the company.  

For more information, visit @-https://www.redvisiontech.com/

How Advisors can Manage Clients with CRM?

The clients are the assets for any form of business as they are the reasons behind success or failure of any business. The advisors need to maintain smooth relations with their clients in order to pursue the activities of the business. Even the revenue of the firm depends upon the clients satisfied with the services of the firm. The REDVision Technologies developed the Mutual Fund Software for IFA and Distributors to assists the business in retaining their clients for long term which ensures the survival of the business.

https://www.redvisiontech.com/

Features of CRM

  1. Bulk investors can be added at same time.
  2. Secure documents of investors for quick transactions.
  3. Manage numerous clients through single click.
  4. Easy access to details of entire clients list.
  5. Grouping of clients based on family is effective feature.
  6. Event manager reminds you all significant events of clients.

Problems without CRM

  1. Weak relations with the clients are formed due to improper support.
  2. Fails to inform about premium renewal and maturity of policy.
  3. Handling numerous clients becomes hectic process for advisors.
  4. Timely services are not delivered due to which advisors suffers loss.
  5. Manually data is recorded which proves costly and time consuming.

The main objective is to generate revenue for the business by driving sales and assist in the operations of business. The CRM module in the mutual fund software is a perk for all the advisors and distributors to draw productive and profitable results.

For more information,visit @-https://www.redvisiontech.com/