Presentation on theme: "A Online Wealth Management ERP Software For Financial Advisors"— Presentation transcript:
1A Online Wealth Management ERP Software For Financial Advisors Wealth e-office™A Online Wealth Management ERP Software For Financial Advisors
2About REDVision Computer Technologies Pvt. Ltd. RED Vision Computer Technologies Pvt. Ltd., Offering B2B application services since 2006 to help Financial Organizations & IFAs to exceed their technological expectations in India. Our competencies lie in Enterprise Resource Planning (ERP) Development and Maintenance. We combine our Technical & Financial Domain Expertise to create world class one stop solutions for Financial Advisors and Planners.Facts & Figures• Established in 2006.First company to introduce Wealth Management & Financial Planning platform in India. • Headquartered in Central India, Indore, M.P.Strong Financial Domain knowledge and expertise. • Full time Team of 22 Programmers & Server Consultants. • 28 Financial Domain Consultants, combine experience of 100+ Years.35 members team for After Sales, Web development and Business development. • 4,50,000+ Online Portfolio Users across the Globe. • Use by More than 700 CFPs and Financial Advisors across 130 cities in India. • Sun Microsystems, Sun Certified Programmers for Java 2 Platform, Standard Edition 5.0 • ISO 9001:2008 Certified Organization *Figures as on 31 Mar 2014.
3REDVision’s Product Range Wealth EofficeWealth Management Softwarewebsitesbazaar.comWebSite DevelopmentFP SamuraiFinancial Planning SoftwareFinancial TickersData Tickers for Website
4Welcome to the world of Introduces Industry Changing Software-as-a-Service Platform with New and First-EverFeatures for Financial Advisors.
5Automatic MF Transaction, SIP & Folio Master File Upload in Software Wealth Eoffice is India’s only software Uploads CAMS, Karvy and Sundaram Transactions, SIP and Folio Master files Automatically (without manual work) from Registrar on daily basis, This process saves your 45 minutes every day.How this system works?ServerCamsUploaded at 7.00AMKarvyDaily Mailback FilesSundaramAutomatic Update at Your EndGet Freedom from Daily Manual File Uploading, Give more time to Clients instead!!!
6Dash Board View Why Wealth eoffice? First Online Software in India with Multi Assets & Financial Planning with inbuild CRM.India’s Only Software which upload MF Transaction, SIP & Folio Files AUTOMATICALLY.Can be integrated with 3rd party Online MF Buying/Selling Platform.Most User Friendly software with self explanatory reports.Each client gets separate wealth account login to check net worth online.Auto SMS/ Funds Valuation, Insurance, FD & Postal Maturity & Birthday to Client.100% web based, Freedom to access your portfolio from any part of the world.
7Individual Wealth Report Products covered in Wealth Management SoftwareMutual FundsEquityLife Insurance ( All Companies)General Insurance ( Includes Health & Vehicle )Post Office & Bank FDPPF, EPF, RD, Corporate FDs, KVP, RBI Relief BondsCommodities (Gold & Silver),Real EstateWealth Report on SMS/
8Strategic Advantage of eoffice. Information = Opportunity MFStrategic Advantage of eoffice.Information = OpportunityNow you know:-How much Life Insurance, Health Insurance, Bank FD, RD, Bonds, PO, MF, Equity and Real Estate client have from other Advisors.You know when these products are getting matureWith the help of this information you can switch/Transfer that business under your advisory.So Business Logic is:-More Cross Sell = Bigger Market Share
9User Friendly Reports Navigation Family Member’s PortfolioWhen you click on ‘+’User Friendly Reports NavigationFamily Wealth Report is one view wealth summary of every member in a family, its shows the individual portfolio details when you click on show button.
10Customer Satisfaction Determines Business Success Capital Gain ReportMFCustomer Satisfaction Determines Business SuccessCustomer Expectations are Normally Not Very HighBUT…Your Job is to Surprise ThemCustomer’s “WOW” Level is :- “DoingWhat They Haven’t even imagined”!!!Customer SatisfactionPerceivedServicesExpectedServicesSome Fact about Customer Behavior66% Customers are lost primarily due to indifference in Services14% Customers are lost due to dissatisfaction96% Customers don’t complain… they choose another advisor.The customers who feel poorly served will tell between 8 and 16 people about their negative experience.A WOW customer introduce you with at least 3 new customers.A new customer acquisition is ten times more expensive than to keep a current customer.- Bain & Company Research
11Other Reports in Mutual Fund Section MF SectionOther Reports in Mutual Fund Section
12Life Insurance Management Life Insurance Policy Holding ReportLILife Insurance ManagementFollowing Features Included in Life Insurance Management ModuleEnter New PolicyGet Due List For LI PoliciesPaid Premium details of PoliciesUpdate Or Delete Policies Entered PreviouslyGet LI Transaction details of each clientGet List For LI Holders
13General Insurance Management GIGeneral Insurance Policy Holding ReportGeneral Insurance ManagementFollowing Features Included in General Insurance Management ModuleEnter New PolicyGet Due List For GI PoliciesEnter Policy Renewal detailsUpdate Or Delete Policies Entered Previously
14FD, PPF, EPF & RD Management Fixed Deposit Investment ReportFDFD, PPF, EPF & RD ManagementFollowing Features Included in Management ModuleEnter Bank FD, Corp. FD, PPF, EPF and RDMaturity ListView/Update Or Delete DetailsFD, Bond, PPF, EPF & RD Holder ListPPF & RD Management Module
15Post Office Management Post Office Investment ReportPost Office ManagementPost Office Module include RD, Time deposit, KVP, MIS, NSC, PPF & SCSS.Enter New PO BusinessPostal Maturity ListView/Update Or Delete RD, TD, KVP, MIS, NSC, PPF & SCSSPostal Investor List
16Direct Equity Management Direct Equity Holding ReportDirect Equity ManagementFollowing Features Included in Direct Equity Management ModuleEnter Bought Equity DetailsEnter Sold Equity DetailsE Equity Holding ReportEquity Transaction ReportDelete Equity Transaction
19CRM ModuleStore All Client’s Documents like PAN Card, Driving license, AADHAAR Card etc.Manage Back office employees.Store All Client’s scanned Documents like PAN Card, Driving license, AADHAAR Card etc.Map your client by City Area wise, now you can meet more numbers of clients in each visit to any area of your city.Automatic way to send Bouquet/Cakes to your clients on Birthday/Anniversary.Plan your monthly activities/task with Monthly Planner.
20Monthly Planner ViewCRM Calendar Never lets you forget Client’s birthday, Anniversary, SIP Expiry and LI/GI/FD/PO Dues & Maturities.
22Embedded Financial Planning Software FP SamuraiEmbedded Financial Planning SoftwareDifferentiating factors of FP SamuraiStep 1 Clarify Your Present SituationStep 2 Identify Goals and ObjectivesStep 3 Identify Financial ProblemsStep 4 RecommendationsStep 5Implement StrategiesStep 6Monitor and ReviewCreated with International practical Approach especially for “Indian” Clients.More focus on simplicity with comprehensiveness to address client’s need.Consulted by Team of CFPs, CAs, MBAs, having combine Work Experience of more than 100 years.Huge plan storage capacity because you may review plan of a single client 100 times in next 10 years.6 Steps Financial Planning ApproachIt’s Online: Access from anywhere any time, no geographical limitation.Unique 6 Methods for Life Insurance Need Calculation.Ample space to add products suggestions and recommendations in the plan.Retirement Corpus utilization table to make clients comprehend the post retirement cash flow scenario.Self Developed ‘PERP Method’ to calculate exact amount of monthly pension at the time of retirement.PDF Conversion & storage facility.
23Financial Planning Software Save & Submit to Generate Primary Financial PlanTabs for filling FP Data6 Methods for Life Insurance Sum assured Amount CalculationUnique “PERP Method” to Calculate accurate Pension amount.Add more details
24Primary Financial Plan Define Fee StructureThis is a part of “Letter of Understanding”, It is always recommended to agree with a client on a fee structure in various heads and signed it up to avoid any confusion in future.The Fee structure is generated along with “Letter of Understanding”, it will be saved with Financial plan, So that you can view or review any time in future.Table of ContentsIt will help you and your clients to view the areas covered in the financial plan.Primary Financial PlanWe are on Front Page of Financial Plan.A Primary Financial Plan some thing like Diagnosis Report for a Doctor.Now the Financial Planner’s work starts here, you can add recommendations, Suggestions & solutions for improvement in financial health and on different Goals, Will Creation, Asset Allocation, Life Insurance, Health Insurance, Retirement Planning etc.
25Asset Liability & Networth Your Doctor always ask about what drugs you are already taking before prescribing new one, same way you must analyze current asset allocation and till what extend these asset can help clients in achievement of goals.Income & ExpensesThis is one sight view of client’s entire monthly income and expenses with pie chart. When you have to suggest on expense cutting it is always better to have a expenses distributed view for better understanding.Suggest a Will.This page will be added when you click on the check box in the personal information under head “Suggest a Will”.
26Asset Allocation Analysis Liabilities & Networth Analysis Asset Allocation analysis forms the foundation of any financial plan. In fact, determining the right mix of stocks, bonds, cash and other asset classes may be your one of the most important investment decisions.Before reaching any concrete decision it is must to analyze what client already owned, FP Samurai provide analysis on Asset Allocation, Return Efficiency level, Expected Return Delivery, Asset Liquidity Level.Ratio AnalysisRatio Analysis helps you in finding symptoms of Financial Disease, so that you can take corrective actions on time to improve in the same.Ratio Analysis includes1. Reserve/Surplus Ratio2. Saving to Surplus Ratio3. Debt to Income Ratio4. Liquid to Networth Ratio5. Solvency Ratio6. Debt Asset RatioLiabilities & Networth AnalysisLiabilities Analysis sheet give a brief overview on EMI out flow, total outstanding, rate of loan and liability holder which is useful in taking various decisions regarding priority in loan repayment.The Net Worth Shows How Much Money Would be left if Everything Owned was converted into cash and used to pay off all debts.
27Health Insurance Analysis Life Insurance Recommendations Health Insurance is one of the important factor of financial planning for your client. In the recent survey, it shows that India has the highest number of diabetes patients in the world.This section not only provide the health insurance need details but also give you panel to add policy details and recommendation which will be saved permanently in your desk.Life Insurance RecommendationsLife Insurance need Calculation is like diagnosing the patient and finding the deficiencies, but main part of solution is to suggest the medicines, in same way life insurance analysis will calculate the sum assurance amount but in Recommendation section you can suggest the scheme name, type, sum assured, yearly Premium and tenure, also you can add multiple policies and reason to suggest the policy in the last.Life Insurance AnalysisA financial plan should cover all areas of your financial needs and should result in the achievement of your goals. The scope should cover areas such as risk management and insurance techniques that would protect your goals against any unforeseen calamity.We Provide 6 Methods of Life Insurance Need Calculation which gives you scope to protect Income, outstanding loans, Goals & Expenses etc.
28Retirement Planning With Post Retirement Cash Flow and Recommendations Retirement is a very important Goal in Financial Planning, Client wants a fool-proof pension plan with cash flow statement till the end of life.Retirement Planning Includes:Find how much pension required with the help of PERP Method.Gives a corpus needed to form a retirement kitty.Gives Complete retirement amount utilization cash flow that will be near to zero at the end of life.* Image is fade due to lack of space, please go for live demo for actual look & feel.Financial Plan StorageSoftware has storage area with unlimited capacity which can save all Financial Plans of clients from First plan to each review and there is one click sending panel which will send an well drafted to your client with attached Financial Plan in PDF Format.Important DisclosureThis section is necessary important disclosures, you can insert/edit/delete yours points also.You can also Generate Financial Plan in PDF Format by clicking on “Generate Final Report” in the last of the page.Asset Allocation RecommendationsResearch has shown that choosing right asset class has highest impact on returns, FP Samurai gave u featured recommendation panel which compare current asset allocation with buy/sell Action.Contingency Fund ArrangementHere FP Samurai makes difference of creating a contingency fund arrangement separate for husband & wife (if both are earnings) according to household monthly living expenses.Goal Plan Analysis and RecommendationsGoal Planning section give a separate roadmap of your each goal with Advisor’s Recommendations, Goal planning also includes “This Goal has Been PROTECTED” Seal if the goal is insured by Client.Goal Planning Includes following Goals:Child EducationChild MarriageRetirement PlanningHouse & Car PlanningHoliday PlanningSelf Education & other Goals
29Set Triggers/ Alerts on SMS What will happen when…Your Client investing Rs for daughter’s marriage & want to switch to Bond fund when the amount grow to Rs anytime in next 5 Years, How you will remind him.Your client want to redeem money when he will get profit of 20%.Your client want you to remind him when the NAV of a fund reach to Rs.15.Many client didn’t know that they have completed 3 Years in Tax Saving Funds (ELSS).Do you remember Jan 2008 when your clients were getting huge profits but you couldn’t book it.Set Triggers/ Alerts on SMSAutomatic SMS & SystemTrigger by Achievement for a particular investmentSet Target Date TriggerSet Profit Booking TriggerSet NAV Target Trigger
30Birthday & Anniversary Wish to Clients. Life Insurance policy Maturity Reminders.General Insurance Policy Renewal Reminders.FD/ PO/ Bond/ Debenture Maturity Reminders.Set Monthly Schedule of MF/ Wealth Report on SMS/ .Inform Your Clients at Speed of Light.Reduce business expenses & service time.“You have to do Competition, only when you are similar to others”Automatic SMS & System
31Online Reference System Automatic Lead Generation From Your ClientsGet New Customers, Without Any Hard WorkOnline Reference SystemHow it will Work:When your client ‘Logout’ from eofficeHe Will be Asked “Are you happy with our services?”There will be 3 Options “Yes” or “No” or “Close”.If Client Click “No”, then he will reach to Feedback.If Client Click “Yes”, then these text will appear“The Best Way to Thank Your ‘Wealth Manager’ is provide 5 references”Your Client Will type Name of his friends & mobile numbers in the given fields& Click ‘Send, his friend will get SMS:’Every Reference contact details will be stored in you software.YouYouYouYou + 5 ClientsClientsJanuaryAprilJulyDecember
32Frequently Ask Questions (FAQ) Q: Is my data secure? A: Yes, the Linux server which is being used is SSL Secure & Certified by Cyber Security Companies like: With these certification the Data is more secure even more then your PC. Q: How I will Get After Sales Support? A: Redvision assign you a dedicated After Sales Manager to take care of services. Wealth eoffice is 100% Web based System, Queries Execute Directly From Server, So most of the time client will not have any problem but in case if Client have any Problem it Can be Rectify Without Any Physical Visit. Q: I work from office as well as from home, can I work from both places? A: Wealth eoffice gives you freedom to work from any part of the world, the only thing which is required is a system with internet.
33Contact Us RED Vision Computer Technologies Pvt. Ltd. ( An ISO 9001:2008 Certified Company )Registered Office:401, A-Wing, above UCO Bank,Twins Star Building, Saket Square,Indore (M.P) INDIAWebsite :
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