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KFintech has partnered with Dezerv Investments to offer online onboarding service to PMS clients. With this, MFDs and AMCs can onboard new PMS clients in a completely paperless way.
The company claims that the complete onboarding process takes less than 10 minutes.
Recently, SEBI has done away with the requirement of physical signatures for both the PMS agreement and POA documentation.
In a press release, Sreekanth Nadella, MD & CEO, KFintech said, " This had been a much-needed platform in the industry which is the cusp of achieving greater heights in times to come. By eliminating the physical intervention all the way to last mile, we have created a first in class solution to digitize the entire journey and drive ease of doing business. We expect such enablers to compound the industry growth."
