FIFA introduces web-based platform for online transactions

Foundation of Independent Financial Advisors (FIFA), a forum for education and development of the independent financial advisor community, has introduced a web based platform for online transacting.
The platform, called NSE Mutual Fund (NMF II), will bring mutual fund distributors together on a single full service rostrum helping them serve investors efficiently, a press release issued by FIFA said here today.
The full service platform for all mutual fund products is accessible to mutual fund distributors, retail investors and asset management companies.
It will offer investors the advantage of one time registration, single view of their mutual fund investments and daily reports, the release said.

The distributors will benefit from the composite view of all customer transactions facilitated by them, resulting in operational excellence and enhanced customer service.
NMF II uses state-of-the art technology, facilitating electronic transactions with seamless connection between NSE, NSCCL, AMC, RTA and distributors, it said.
Foundation of Independent Financial Advisors (FIFA) is a common platform for independent financial advisors to proactively interact with policy makers and to educate and empower its members to render proper advisory services to the growing investor class of India, the release added.