Why Mutual Fund Software for IFA is an integral part of business?

 The operations of an advisory business involves complex procedure before the launch of software and also less numbers of advisors use to show their interest in the field due to high risk over the funds. Later the introduction of Mutual Fund Software for IFA huge number of advisors has revealed their genuine interest in the segment because the inclusion of multiple features. The RedVision Technologies a leading provider of fin-tech solutions proved to be a game changer for the business of advisors who turned the sick business into developed firms.

Advantages of Wealth E-office to IFA’s

1. · Pursuing several transactions in a day for multiple clients.
2. · Assistance of financial calculators for estimating future returns.
3. · Performs research over stocks and schemes.
4. · Reduces risk and optimizes returns.
5. · Generates several reports for investment analysis.

 

 

Key Features:

· Client Assessment:

The analysis of clients is convenient for advisors with the help of software which improved the functions of firm along with the work productivity and reduced the burden of operations.

· Wealth Management:

The management of client’s wealth becomes an easy task for advisor with the help of software which maintains record for every rupee of investor and the same software helps in developing a report for drawing strategy of further investment.

· Business performance:

The performance of advisor business is even monitored by the software to ensure regular growth and success of the firm within specified period of time.

· Digital Operations:

With the help of digital platform the transactions are performed virtually and also reduce the burden of managing paper based information which saves time and cost and improves overall productivity of firm.

Issues to advisors in absence of software:

1. · Lack of investment planning without proper goals.
2. · Issues in preparing reports for portfolio analysis.
3. · Minimum returns are generated without software.
4. · High risk of loss on invested funds.
5. · Time consuming process for transactions and more costs.

The advisors following traditional method of business management are on the stage of closure because staying rigid to the same technology makes the whole business obsolete and cannot generate anything rather than loss for the business. Thus, it is better for advisors to stay being adaptive towards latest techniques in order to secure the major position in the industry. For more information, visit @- https://www.redvisiontech.com/