Sundaram BNP Paribas Fund Services launches app for MF distributors

SBFS Daksh app has features such as mail-back reports and generation of Statement of Account. The app will provide notifications to the IFAs on status of their requests.

Nov 08, 2016 02:11 IST India Infoline News Service

Aimed at bringing convenience to fingertips for the Mutual Fund distributors, Chennai headquartered Sundaram BNP Paribas Fund Services Limited (SBFS) has launched a first of its kind mobile app for Individual Financial Advisors (IFAs).
 
Named SBFS Daksh, the power packed App comes replete with features that include providing details of overall AUM, brokerage as well as status of investor transactions. It empowers the IFAs with their investor information ‘On The Go’ and ‘At Their Convenience’.

The app also has features such as mail-back reports and generation of Statement of Account. The app will provide notifications to the IFAs on status of their requests.
 
This app can be downloaded from Android Play store and Apple iStore
 
Last quarter, SBFS had launched a first of its kind online KYC process to help its clients onboard their investors electronically.
 
SBFS provides the full range of securities services including Registrar & Transfer Agency services, Fund Accounting and Investor services to the Mutual Fund Industry and Alternate Investment Fund vehicles domiciled in India and employs nearly 250 people. 
 
Sundaram BNP Paribas Fund Services (www.sundarambnpparibasfs.in) is a 51:49 JV between Chennai based Sundaram Finance Ltd and BNP Paribas Securities Services, a 100% subsidiary of BNP Paribas. 

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