KFin Technologies gains on collaborating with Dezerv Investments
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KFin Technologies is currently trading at Rs. 314.70, up by 5.15 points or 1.66% from its previous closing of Rs. 309.55 on the BSE.
The scrip opened at Rs. 313.70 and has touched a high and low of Rs. 317.40 and Rs. 312.00 respectively. So far 6612 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 372.40 on 29-Dec-2022 and a 52 week low of Rs. 271.05 on 29-Mar-2023.
Last one week high and low of the scrip stood at Rs. 335.45 and Rs. 303.00 respectively. The current market cap of the company is Rs. 5321.40 crore.
The promoters holding in the company stood at 49.42%, while Institutions and Non-Institutions held 31.60% and 18.98% respectively.
KFin Technologies has collaborated with Dezerv Investments to introduce a new and innovative approach to the onboarding process for portfolio management clients in India. The novel process is entirely digital and smooth, eliminating the need for physical documentation and minimizing human intervention. This collaboration aims to revolutionize the client onboarding process in India.
PMS onboarding is now made easier, safer and quicker with advanced technologies like AI, Geo-Fencing, Data Capturing, etc. The new Process of Onboarding a client in PMS account opening, custody account opening and POA process are going to be seamless. Client can be onboarded with assistance digital journey from the relationship manager and it takes to complete the client onboarding process in less than 10 minutes.
KFin Technologies provides services and solutions to intermediaries operating in the capital market ecosystem such as mutual funds (MF), alternative investment funds and wealth management firms.
