BSE on Monday announced the launch of StAR MF Plus, a premium platform with key features for distributors and their clients.
The new platform will be the complete solution for distributors, It will enables client onboarding as well as e-KYC and provides customer portfolio management.
What is Star MF?
StAR MF is the mutual fund distribution platform of the BSE.
The platform is known for its superior services offered to the asset management companies (AMCs), distributors, investors, and mutual fund industry participants.
What it will offer?
The StAR MF Plus will offer complete front office, order management, analytics, back office and business support solutions, the exchange said in a statement.
It has also been able to provide comfort to investors along with convenience, safety, speed and certainty in execution.
Key Features
Complete power-packed solution for RIAs/Distributors
• Enables Client Onboarding & eKYC
• Customer portfolio Management
• Portfolio reporting & business reporting
• Presales tools
• Sub-broker network
• Multi-asset view
• Investor Risk Profiling
• Online Market Feeds
• Brokerage calculation & reconciliation Module
• Customisable Admin utility module
• Goal Tracking
• Fee management
• Regulatory & Compliance requirements
• Financial planning tools
• CRM & many more
All these features are accessible on Web and App (Android & IOS app). —Newsroom Post.
Comment from Star MF plus
Ganesh Ram, head (mutual funds), “Through this new service, we look forward to connecting with more and more distributors, AMCs (assets management companies), their clients, and strengthen our position as the preferred electronic MF investment platform of choice across India.”
“The bourse has been able to change the concept of MF distribution in India, through the service offered by us.”
Press the Bell Icon for notifications of all updates
