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MF News Karvy introduces distributor initiated transaction on KorpConnect

Karvy introduces distributor initiated transaction on KorpConnect

KorpConnect is a transaction platform of Karvy Computershare.
Team Cafemutual Jul 4, 2018

Karvy Computershare has introduced a new feature called distributor initiated transaction on their transaction portal KorpConnect for the mutual fund distributors. With this facility, distributors can initiate transaction on behalf of their non-individual clients such as SMEs and corporates.

The R&T agent claims that this feature will help MF distributors to serve better their corporate and other non-individual clients, who typically like to log in and approve the transaction.

KorpConnect is a transaction portal of Karvy Computershare for non-individuals with features such as single sign-in to invest across Karvy serviced fund houses, multi-level access, authorization and approval workflow and portfolio management.

Ravikumar Somasi, GM & Head of Distributor Support Services, Karvy Computershare said that this would help distributors reduce paperwork, save time and improve transacting experience of distributors and investors.

6 Comments
Swaminathan · 2 weeks ago
Karvy Mobile app is not user friendly for Distributors. They need to upgrade the Technology. This is my personal experience as i use most of the Mobile app to initiate Transactions.
Somasi Ravikumar · 2 weeks ago
Thanks for the inputs. The Distributor app is currently undergoing a major revamp. We will share the details on launch soon.
Dinesh · 1 day ago
What the hell are you thinking I will escalate to sebi , I have delay transcation and lost money through your mobile app u bastrided , when you dont have proper app don't make it available for public. U are waste Ravi.
Reply
Swaminathan venkatraman · 2 weeks ago

Karvy Mobile app is not user friendly for Distributors. They need to upgrade the Technology. This is my personal experience as i use most of the Mobile app to initiate Transactions.
Pathuri Brothers Future Solutions Private Limited · 2 weeks ago
Lectus see
BARUN CHANDRA DUTTA · 2 weeks ago
very very good idea , and serve to investor more better
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