Why online investment platform is necessary for advisors?

The traditional process of investment was used to be time consuming and inclusive of various papers based formalities and advisors seem to be less productive due to complex process. Later the arrival and adaption of Mutual fund software in investment industry the scenario of investment turned into profitable opportunity as a result numerous advisors and investors found the field interesting and dived into with aim to extract maximum gains. The centre of attraction is online investment which facilitated investment of funds through a single click even from the comfort of your home.

Advantages to Advisors:

· Quick buying and selling of schemes.

· Easy process for redeeming funds anytime.

· Facility to switch funds from other advisors ARN.

· Instant on boarding of new investors is possible.

· Classification of popular schemes for recommending clients.  

Challenges due to lack of online facility:

· Advisors need to fill physical form for investment or withdrawal.

· High transaction charges reduce profits.

· Less number of clients is managed.

· Few transactions are performed in entire day.

· Time consuming on boarding process as verification of clients takes couple of weeks.

Features of Online Investment:

· Rapid transactions by advisors on behalf of client.

· Quick verification of new investors through online portal.

· Transactions history can be accessed for cross verification of investment.

· Instant withdrawal helps in securing high returns.

· Cost effective platform for transactions.

The Wealth E-office by RedVision Technologies is specifically designed to meet every need of advisors right from investment to effective management of funds held by their clients. In every aspect the technological product proves worthy for the advisors as it has potential to mould a sick business into a high revenue generating firm.

Most of the advisors adapting the latest technology are far ahead in the industry and has secured a higher market portion in term of clients, revenue and brand. Turning as per the trend is must for any business to sustain for long term with effectiveness because a lot of competitors are ready to wipe you out from the industry. For more information, visit @- https://www.redvisiontech.com/