PMS data entry has always been a core part of an MFD’s back-office work. But until recently, everything had to be entered only in INR — even when clients invested in products denominated in foreign currency. Now, with USD-based PMS entries supported directly inside your mutual fund software , managing such investments becomes far easier, cleaner, and more accurate. This small update solves a big pain point and opens the door to better reporting, better transparency, and better portfolio tracking. Let’s break down what this really means for you and your clients. Why USD-Based PMS Entry Matters? Many high-value investors today diversify across borders. Some hold PMS products, private arrangements, or alternative investments where values are recorded in USD. Earlier, you had to convert every value manually into INR just to enter it into the system. This led to: ● Confusion during reporting ● Exchange rate mismatches ● Errors in calculatio...
Mutual Fund software has become an indispensable tool for distributors in the financial services industry. Distributors, who previously had to spend hours on repetitive and manual tasks, can now rely on intuitive software to perform crucial business operations efficiently. This advanced software provides several benefits for distributors, including streamlined operations, increased productivity, and better customer service. Streamlined operations are the primary benefit of mutual fund software for distributors . The software automates various business functions, such as managing client data, generating reports, and conducting compliance checks. The automation of these tasks ensures that the distributor can concentrate on more important areas of the business, such as client acquisition, managing client relationships, and providing investment advice. This efficient way of working allows distributors to grow their business rapidly with less labor and time and eliminates the risk of e...