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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.

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    7 Comments
    Swaminathan · 5 years 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 · 5 years ago
    Thanks for the inputs. The Distributor app is currently undergoing a major revamp. We will share the details on launch soon.
    Dinesh · 5 years 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 · 5 years 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 · 5 years ago `
    Lectus see
    BARUN CHANDRA DUTTA · 5 years ago `
    very very good idea , and serve to investor more better
    K Subramanian · 5 years ago `
    I was looking for a Karvy facility with which Distributor can initiate an SIP for a client, with or without an existing folio number. Is it avaialble?
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