TechProcess is pleased to offer a web-based, hosted service, empowering clients of a mutual fund distributor to buy and redeem mutual fund units online. Within a short span of time, this solution has generated considerable interest within the financial services distribution community, powering the online platforms of big-name distributors such as Angel Broking Ltd, Arthashastra Financial Planners, Arcadia Stock Brokers and Bonanza Portfolio Ltd.
The uniqueness of this service is that it allows clients of various broking houses to link up their existing bank accounts with their brokerage account, in order to make payments or receive redemption proceeds in a seamless fashion. TPSL’s status as India’s leading electronic payment processor and its tie-ups with leading Indian banks ensure that clients are not forced to open an account with a particular bank, just to be able to transact online.
Add to this class-leading trade order management functionality, and complete data integration with all leading AMCs and registrars operational in the country today, and what you have is a truly winning proposition.