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RTAs launch interoperable investment management platform

Besides single portfolio view, the platform will provide complete fungibility of physical and digital services

A screengrab of mfcentral.com
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A screengrab of mfcentral.com

Chirag Madia Mumbai
Registrar and transfer agents (RTAs) KFin Technologies and Computer Age Management Services Limited (CAMS) on Thursday launched an interoperable investment management platform MFCentral.

This move comes after the Securities and Exchange Board of India (Sebi) in July had announced that RTAs should jointly develop an interoperable platform for purchase and redemption of MF units.

MFCentral is a collaborative effort of KFintech and CAMS, in association with industry Association of Mutual Funds in India (Amfi). For the first time ever in the industry, MFCentral offers digital access to investor lifecycle engagement with the entire MF industry under one roof.

At the