Compaison of Top 5 FP and MF Softwares for Financial Advisors

1. GET SMART
S- skills, M – market knowledge, A – adapt, R – reputation , T – tech savvy

2. Technology leads to

3. Leverage Technology
IFA
■ Get better organised
■ Total control over your business
■ Keeps your costs under control
■ Seamless operations and customer service
■ Can use it as a sales tool
■ Increases your brand value
■ Helps in building trust with your client
Client
■ Ease in transactions
■ Easy access and anytime information
about their investments
■ Unified view of their net worth
■ Can educate themselves about
investments
■ Sense of comfort, since everything is
at their fingertips

4. How to choose the Technology platform
■ Know what you have
■ Know where you want to go
■ Start with end in the mind
If you don’t know, seek help from a partner or consultant

5. Current Application Model -
Fragmented Approach
Your Brain
Processes (ex – New
Client)
Future Activities
Outlook
Client names
Client Addresses
Client Contact Information
Passwords
Future Activities
Meaningful Activities
Power Point
Presentations
Excel
Passwords
Client Contact information
Client addresses
Financial Accounts
Financial Summary
Reports
Document Lists
Future Activities
Word
Client Names
Client Address
Meaningful activities
FP Software
Transaction Data
Phone
Contact information
Client email id

6. Duplicate Data
Your Brain
Processes (ex – New
Client)
Future Activities
Outlook
Client names
Client Addresses
Client email id
Client Contact Information
Passwords
Future Activities
Meaningful Activities
Power Point
Presentations
Excel
Word
FP Software
Transaction data
Phone
Contact information
Client email id
Passwords
Client Contact information
Client addresses
Financial Accounts
Financial Summary
Reports
Document Lists
Future Activities
Client Names
Client email id
Client Address
Meaningful activities

7. Technology
■ Integration is key
– CRM
– Integrate with
Financial planning or wealth management software
Transaction platform
Social media

8. Technology platforms available
IFA NOW

9. Software Features IFA NOW
Captures Investor personal details Yes
Bulk adding via WBR9, MFSD211 etc.
Manual adding also possible
Record interactions Yes Options to add minutes of the meetings, action plans, tasks, comments etc.
Captures Transactions history Yes Can be uploaded via RTA feeds or manually added
Multi products details Yes
Covers MF, Stocks, Life Insurance, Fixed Deposits, Recurring Deposits, PPF, EPF, NSC, KVP, Real Estate,
Gold, Bank, Cash etc.
Alerts n reminders Work in progress
Transaction online Work in progress
Portfolio valuation Yes Comprehensive multi asset portfolio valuation at family level available with asset wise breakup
Financial planning Yes
Comprehensive goal based planning, insurance planning, networth analysis, risk profiling, current portfolio
review, action plans etc.
Investor login Yes Investors can add data, view latest portfolio reports, track goals, get advice and do much more
Mobile app Work in progress
Integration with RTA Yes CAMS, Karvy, Sundaram, Franklin. Also NDs like NJ and Prudent currently supported
Reports Yes
Lots of reports like MF summary, transactions, capital gains/realized profit, stock summary, stock
transactions, networth, goal based reports, insurance planning, comprehensive financial plan etc.
Goal based planning Yes
Link all asset classes to goals easily, split folio into goals, auto linking of SIPs to goals, live goal tracker,
change asset allocation at goal level, client login facility etc.
Financial Tools n Calculators Yes Goal based calculators
Multiple arn - consolidated view Yes Possible
Consolidated family view Yes Possible
Allows mailing activity Work in progress
Social media compliant No
Website designing No
Desktop or Cloud based Cloud Cloud based, can be viewed from tablets, laptops, desktops
Post installation service or Maintenance Yes
Strong support infrastructure in place. Our standard support channels include ticket based system, phone,
e-mail, on-page tutorials and knowledge base
Market news and tickers No

10. Technology platforms available
Finnsys

11. Software Features Finnsys
Captures Investor personal details Yes - it captures details as per NSE format to create onlone IIN)
Record interactions Yes - one way only. All broadcasts can be archived
Captures Transactions history Yes - The investment ledger is a special report to provide any historic transaction details
Multi products details Yes - If it is enetered manually by admin or client. Only MF is captured directly thru mailbacks
Alerts n reminders Yes - both automated alerts and customised alerts ! Most useful is portflio evaluation alert
Transaction online NSE API integration service is available currently- with or without cart/basket
Portfolio valuation Yes - both for current available balance and complete transaction folio wise(XIRR)
Financial planning Yes - both on open website and login at the end and internal feature with prelogged in client
Investor login Yes - admin has full control with log-in access or restrictions . No limit of clients
Mobile app Yes - on both ap store- IOS and Google play
Integration with RTA Yes, with all the RTAs in India
Reports
Yes, the MIS is there for both admin interest like- AUM , Brkg, Clients detail etc and for clients interest like- goal status,
portolfio returns, tax sgeet etc
Goal based planning Yes
Financial Tools n Calculators Yes, available on open website source for visitors
Multiple arn - consolidated view Yes
Consolidated family view Yes
Allows mailing activity Yes, we have a special broadcast tol with rich HTML E mailer available in the library for eady shoot
Social media compliant Yes, as per clients sharing of codes
Website designing Yes, we have three categories- Silver, Gold and Platinum , absed upn the scope of the website
Desktop or Cloud based Its web based functionality only . Completely online , 24*7 accesible being anywhere in the world
Post installation service or Maintenance Yes, We have a specialTicket based E support system plus dedicated call center for support and training
Market news and tickers Yes, available in variety for choice
Hosting Type All our users are bieng delivered the complete product on their own hosting, making it least vulnerable to any dominating
terms by the vendor, Moreover the user can add on anthing antytime at heir end i their own hosting
Website counselling They have special counselling cell for project designing and website creation, led by industry experts
Cart Creation Yes, our online API integration facility provides customised cart ceation and product basket wise features also

12. Technology platforms available
Red Vision

13. Software Features RED Vision - Wealth Office
Captures Investor personal details Yes, It capture in automatic way from folio master auto upload facility, also there is provision to add 5 bank accounts.
Record interactions No, chat with client is under development.
Captures Transactions history
Yes, Wealth eoffice have facility to add CAMS WBR2A file also so that investor can view original transaction in case of transfer
in cases.
Multi products details Yes, not only you can add multi product in investor portfolio but
Alerts n reminders Yes, Birthday/Anniversary,goal based, scheduling of report weekly/monthly/quarterly.
Transaction online Yes, with BSE Star, also coming in Mobile app buy/sell option.
Portfolio valuation Yes, with share holding & sector exposure.
Financial planning Yes, 35 pages Advanced & 10 pages lite
Investor login Yes
Mobile app Yes, Android & ios both
Integration with RTA Yes, transaction, Folio & SIP files auto uploading.
Reports Yes, more than 30 types report in MF
Goal based planning Yes, with picture of client family members.
Financial Tools n Calculators Yes, more than 15 tools & calc
Multiple arn - consolidated view Yes,
Consolidated family view Yes
Allows mailing activity Yes,
Social media compliant Yes
Website designing Yes
Desktop or Cloud based Cloud based
Post installation service or
Maintenance
Yes, largest team of After Sales managers in MF Software providers.
Market news and tickers Yes

14. Technology platforms available
Investwell

15. Software Features Investwell
Captures Investor personal details Y
Record interactions Y Maintains a history of all interactions
Captures Transactions history Y All transactions are captured and updated regularly
Multi products details Y Yes it has stock, fd, real estate, insurance.
Alerts n reminders Y You can input all reminders to given as alerts
Transaction online Y Transact Online via NSE / BSE
Portfolio valuation Y It provides portfolio valuation as and when you update the NAVs
Financial planning N
Investor login Y Investor can login and check all their details
Mobile app Y Free Mobile App - Scheme Returns, Calculators, Factsheets
Integration with RTA Y Complete integration with RTAs
Reports Y
Detailed Portfio Analysis - Returns and Allocation Analysis, MF Scheme Analysis - Ratios,
Returns, Holdings
Goal based planning Y You can input any goal you wish to track
Financial Tools n Calculators Y It does have tools
Multiple arn - consolidated view Y You can view multiple arn details on the system
Consolidated family view Y you can tag all the members together for a consolidated view
Allows mailing activity Y Personalize the Email Content and Send Secure Portfolio Emails to Clients
Social media compliant N
Website designing Y We do offer website designing software as well
Desktop or Cloud based BOTH
Post installation service or Maintenance Y Dedicated team that handles the queries
Market news and tickers Y
Back office module (Commissions Received (All Types) - Y can upload the brokerage file on the system
Sub Brokerage Payout Processing Y
Allows Manual Entries, Auto. Corp Actions. Y allows you to add any corporate action so that you can get complete view
Provision for Direct Plans Y
Print Forms of MF with Details Filled up Y
Integrated with Value Express Y
Integrated with Morningstar Y
SEBI Audit related Data Preparation Y

16. Technology platforms available
Vijaya

17. Software Features VIJAYA
Captures Investor personal details Yes It Captures Personal Details from All RTA
Record interactions No
Captures Transactions history Yes One can import Transactions from Inception
Multi products details Yes
Assets like FD,Insurance,Direct Equity, Bonds, Bullion, Real Estate, Cash &
Bank, User Defined Asset Class. Liabilities Like Loans, it will Create EMI's
Automatically.
Alerts n reminders Yes
Birthday, SIP-STP, Dividend Payout, Portfolio Valuation, Nav Alert, Maturities,
etc.
Transaction online In Progress NSE API & BSE STAR API
Portfolio valuation Yes More than 20 Reports with different criterias
Financial planning No
Investor login Yes No Limit for Investors.
Mobile app Yes Both Android & IOS
Integration with RTA Yes With all RTAs & Also with NJ,Karvy Distribution & Prudent
Reports Yes More than 200 Reports
Goal based planning Yes Yes
Financial Tools n Calculators Yes Both on Web & Desktop
Multiple arn - consolidated view Yes Yes
Consolidated family view Yes Yes
Allows mailing activity Yes Can Set Auto Email Daily,Weekly,Monthly,Quaterly,Yearly
Social media compliant No
Website designing No
Desktop or Cloud based Yes Desktop & Web Based Client Login
Post installation service or Maintenance Yes Yes
Market news and tickers Yes On Desktop
Cart creation and basket based transaction
Sub Broker/RM Brokerage Pay out Report Yes Yes
Brokerage & Trail Reconciliation Yes Yes
AUM Reconciliation Yes Yes
Allows Manual Entries (Other ARN or Direct Plan) Yes Manual Entry as well as Can even Import Personal Excel File
Other ARN Entires Update from RTA Yes Yes
All SIP/STP Reports Yes Yes

18. THANK YOU