BSE has introduced Star MF Plus to offer comprehensive front and back office support to MFDs/RIAs.
Here are some key features of the platform:
- eKYC
- Customer portfolio management
- Portfolio reporting & business reporting
- Presales tools
- Sub-broker network
- Multi-asset view
- Risk profiling
- Online market feeds
- Brokerage calculation & reconciliation
- Goal tracking
- Fee management for RIAs
- Regulatory & compliance requirements
- Financial planning tools
- Client relationship management
In a press release, Ganesh Ram, Head - Mutual Funds, BSE StAR MF said, “Through this new service, we look forward to connecting with more and more distributors, AMCs, their clients and strengthen our position as the preferred electronic mutual fund investment platform of choice across India.”
The exchange platform may levy fees to offer these services.