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...
With the conversions in ways, the improvement in the firm is assumed with the dynamic trend and the traditional ways are dropped out from the drive to stay competitive. Even the companies eagerly look for modernized technologies that permit them to change the selection of clients which helps in providing better market allocation. The Mutual Fund Software developed by Wealth Elite authorizes distributors to handle the initial formalities of investors via an online portal. The specific approach even assists in reducing operating costs by concentrating on the productivity of the company. Key Features: Enticing customers from faraway locations for starting investment. Change your prospective client into actual investors with a quick method. A swift method of verification and identification. Online medium to access from anywhere. Amenities of Video KYC to Distributors: Mark the position of KYC whether approved or pending. Lower cost and good process. Directing...