REDVision Technologies: Endowing Financial Advisors with Double Digit Growth Rate by upgrading them into Wealth Management Organizations





REDVision Technologies: Endowing Financial Advisors with Double Digit Growth Rate by upgrading them into Wealth Management Organizations Date: Wednesday , January 28, 2015 This is an exiting era for Indian wealth management industry, as it is emerging as unique global investment destination due to demography, democracy & demand coupled with the hovering 6-9 percent GDP growth rate. Moreover, India is estimated to become third largest global economy by 2030. The ensuing result is an encouraging rapid increase in per capita income and HNWI (High Net Worth Individual) population in India. However, a huge share of the HNWI pie is being consumed by foreign banks and big distribution houses, while independent financial advisors and small & medium advisory firms, who are equally capable of managing wealth of HWNIs and MWNIs are left high and dry. This is predominantly due to their lack of staff, system adaptability, regular training and proper marketing; in summation they need to evolve into organized players. Stretching Customers\' Limits REDVision Technologies, a distinguished IT company, upgrades such financial advisors into wealth management organizations by providing all technical resources to work like big corporate house, including handling branches and sales or sub-broker team in diverse locations. Thus by stretching limits of financial advisors, the company carved its brand in stone with hundreds of success stories from financial advisors, whose growth rate leapt to double digit after adopting REDVision\'s system. REDVision was founded in 2006 when the founders Zahiruddin Babar and Abhishek Parihar noticed the absence of wealth management platform for IFAs in India, while working with top management team of India\'s biggest National Distribution house. REDVision earned its reputation as game changer from the very first day by pioneering India\'s first wealth management online platform and also by being the first of its kind to incorporate financial planning software in the same. This pioneer spirit transformed REDVision into a brand renowned for its innovations, user-friendly software and prompt after-sales services. \"Our key to success is our thought process, which is \'our success depends on making our customers successful\'. Having this as only purpose behind every activity enables us to offer all-in-one affordable multi asset online platform with in-depth CRM, Financial Planning, automatic R&T files uploading, MF Research Data, client communications and most importantly allow us to endow customers with the confidence of \'Yes, I can\',\" says Zahiruddin Babar, Co-Founder, Director & Chief Financial Software Architect, REDVision Technologies. Noting that Wealth Management is broad spectrum of asset classes, it is crucial to keep system development at multiple fronts simultaneously to match customer expectations. Hence, REDVision made different team for each segments for business analysis and software development. Though this expensive affair can directly impact product\'s price, REDVision leverages the cost advantage of being based in Indore. Thus, REDVision proliferate its brand value by managing a fine balance in continuous development and affordable product price that doesn\'t scare away customers. Work Hard but Party Harder Being a niche software company, REDVision considers their passionate team of young professionals, who are dedicated to financial technologies as the company\'s most valuable asset and therefore invests heavily in them. The company nurtures their team not just with recognitions, transparency and open communication but also by making them a partner in company\'s growth. In the \'feel like at home\' atmosphere, REDVision achieves best performance by leveraging self-motivation and freedom married with professionalism, instead of burdening with hefty work pressure that kills creativity. As REDVision is confident that only satisfied employees can make satisfied customers, the company encourages them to work hard and party harder. Attaining Targets with Unflinching Pioneer Spirit \"Our expert development team is working on several unique product ideas. We will soon launch financial goal tracking with real-time market valuation, a user-friendly mobile application, automatic portfolio rebalancing to save investor from market crash, and others. These innovations will again change the parameters of services in wealth management industry, whilst enabling us to achieve our target of catering to at least 50 percent of active 20,000 financial advisors in India,\" says Abhishek Parihar, Co-Founder & Sr. Software Consultant, REDVision Technologies. The company that has successfully achieved a leadership position in Indian market is experiencing a growing demand for its products, especially for Wealth Eoffice in South East Asia, Middle East, Africa and European countries. Hence, REDVision plans to roll out this Wealth Eoffice in potential foreign markets soon. Panel Key Management Zahiruddin Babar, Co-Founder & Chief Financial Software Architect Zahirddin Babar is Technofinancial expert holds Master Diploma in Internet Architecture and Master of Financial Administration from IMS, Indore and have 12 years experience in the technology and financial domain. He is Co-Founder, Chief Software Architect, Business Analyst, Entrepreneur and Visionary who build a business around cloud long before anyone else, riding on wings of fire in the horizons of India\'s growing economy with passion to bring the technology revolution in financial services industry. Abhishek Parihar , Co-Founder & Sr. Software Consultant Abhishek Parihar is Financial domain expert with in depth understands of Financial advisor\'s technical expectations, He is Co-Founder, Sr. Software Consultant, Marketing strategist having 10 years of rich experience in Financial services industries, his last assignment was with NJ India Invest, he is leading team of marketing and consulting technical experts for new development to cater the growing demand and challenges rising in the market. Geographical Presence Headquartered in Indore, REDVision has strong presence in over 140 cities in India and caters to 800 plus Financial Advisory Firms and their 6,00,000 plus investors. Products ? Wealth Eoffice, a complete Wealth Management Solution ? CFP Samurai, a comprehensive Financial Planning Software ? Financial Websites, the most cost-effective financial website ? Financial Tickers for Website & Blogs, a product that increase visitors