Mutual Funds with Applied Cloud Computing — A Step-Up from the Ordinary
Mutual funds can be referred to as a bouquet of investments through which one can earn returns on their capital over a diversified period, depending on the need and nature of the investment. This corpus is managed by a fund manager or a portfolio manager, who then invests this collected pool of money into different assets and stocks to reap maximum benefits, as the proceeds then are proportionately distributed among the stakeholders.
Lately, we have seen how most trends have made a shift to an online mode, and mutual funds are no stranger to it. In fact, of late, even authorities urge companies to switch their storage and operations to cloud owing to its reliability, ease of operation, and above all the security it offers. The past couple years at home has increased awareness among the masses about different kinds of funds. As a result, the inflow of funds into this segment has seen magnanimous fluctuations as people are actively taking an interest in investment activities.
And following this very need and pattern, with time, the concept of how and what has evolved productively. And it does not stop there. It keeps evolving and bettering itself to accommodate the changing needs of the customers it caters to, and the trends it is subjected to.
Let us look at how one of the most promising and fastest-growing mutual funds’ companies in India have stepped up their game and have opened, with their expertise and our cloud solutions, an avenue to endless possibilities.
Key areas addressed
The portal managing the mutual funds were in dire need of an update. The company foresaw this and shifted to an upgraded version with features never seen before in this niche.
Path-breaking ideas and innovations were introduced and adhered to, to replace the old school user interfaces that many a time were slow to respond.
The company met its customers’ demands by providing them with solutions that would not just make life simpler, but would make interaction with the app more engaging as well! The platform, now updated, is way more intuitive and user friendly than its erstwhile version.
At present, there are 500+ active screens and 50+ modules to accommodate and surpass the expectations of their customers!
Novel Features Introduced
With the introduction of several new features to the platform, the company has secured a space for itself as the industry-first to have introduced these, and also a winning edge over its competitors. Let’s see a few of these features -
Mutual Fund ATM
Imagine a future where you can directly withdraw your investments and the profits on it through an ATM! In collaboration with banks, this is being made possible by this pioneer in mutual funds where you can skip the lengthy process of transferring money to your bank account first to be able to use it. You can swipe your Mutual Funds Card at any ATM and simply extract your earnings on the go!
Watchlists
Your clients may want to hold stakes in certain funds but may be waiting for the right market conditions to strike. With the feature of Watchlists, customers can now add the funds they wish to buy in the future in the watchlist, and easily keep track of any fluctuations in price that may occur to better their chances at the best buy!
Feature Comparisons
We know how important earnings are, and investing them in the most fruitful venture is critical to encourage not just additional savings for the client, but also additional engagement from their end. Thus, we have introduced this feature where you can compare the attributes, prices and forecasted benefits of each and every share that can be bought.
Help-Desks
For any hindrances that may occur, or to clear any doubts or areas of potential ignorance/gap in information, the portal has empowered its users with a help desk where they can raise any, and all queries that may arise, and get suitable, satisfactory answers from qualified experts.
Chatbots and FAQs
With the help of this section, general doubts that occur in a pattern, or doubts that may not necessarily require personal attention from a fund manager, can be solved. When in dilemma, the users will initially be prompted by Chatbots to check the FAQs before connecting with customer service. The system will automatically generate responses to the questions posed. This saves on response time for both the client and the manager in charge.
Preset your Goals
Investors can now preset the goals they want to achieve through the proceeds of their investment, like buying a car, going on a vacation, etc. The system will then proactively assist you in picking out funds that will offer you your goals in the most attainable fashion! You need not spend hours crunching numbers now, as they’ll be handled by the application — and in an array of options too!
Easy Payments
The payments have been made hassle-free. Now you can make payments directly through your linked bank account with the help of a pre-registered mandate, or simply by using UPI or net banking.
Ease and Convenience
You need not visit with a fund manager or a portfolio manager to setup accounts and go through the lengthy process of endless research before investment. Everything will be made available at your fingertips (quite literally). You just need to browse through the myriad of options and combinations made available based on your interests, and buy the funds best suited to your needs with absolute ease!
Thus,
With the introduction of these novelties and features, we can open doors to the future and dive to depths never explored before. Basic customer satisfaction is a thing of the past. Today, we focus on exceeding their wildest expectations! Be it innovation in the form of a bundle of new and efficient services, or simply turning the dial up on ease and comfort for your customers, you can have it all! And all of this can be achieved simply by stepping up your game with cloud computing, and incorporating the benefits of this amazon into your workings. Because, there are no horizons when it comes to acing your own game!
