Our Empower Suite of Products empowers Financial Intermediaries as well as Investors with ability to do holistic planning, investment advisory & online transactions via an integrated platform
“Less than 5% of Indian Household’s financial assets are in investment products like MFs and less than 5% of HNWI funds are managed by Wealth Managers”
Indian wealth management Industry is at a nascent stage both in terms of vintage and penetration. Inspite of that India is the 6th largest wealth market with fastest growing HNI, Affluent & Mass affluent population.
With traditional avenues like bank deposits, gold and real estate loosing sheen, Indians are now seriously exploring investment avenues like MFs, Equity, PMS, AIFs and structured products with even retail segment participating.
The changing Indian Investor mindset alongwith stringent regulatory measures are necessitating the rules of the game to be rewritten as far as financial intermediation is concerned. There is an increased need to bring in
- Client Centricity (capabilities, products, delivery and pricing),
- Efficiency (reduce backend costs, faster TAT, prompt customer service & reaching clients faster),
- Risk Compliance (Fiduciary client responsibility, regulatory reporting, client data privacy etc.)
- Innovation (use of new age technologies, customized solutions, cloud based models etc.)
Technology adoption therefore is becoming a Key Differentiator & Enabler for financial intermediaries like banks, wealth management firms, financial advisors, stock brokers, family offices etc.
Our Empower Suite of Products empowers both financial intermediaries and investors through our flagship products:
- Finexa: An integrated B2B2C platform for Investment Advisory and Wealth management business.
- Fiscus: A B2C one-stop personal finance manager mobile App for individuals