REDVision Technologies: Infusing Technology in the Wealth Management Domain
Date: Tuesday , January 26, 2016
Sitting astride the fast-paced growth of the capital and investment, the national distribution houses and banks have indeed become the primary and trustworthy sources for the rising population of HNWIs. But, on the bitter side, there are multiple individual financial advisors and small & medium advisory firms who fail to annex those blue-chip clients (despite of their potential to do so) because of inadaptability of their IT Infrastructure. However, it did not take much time for Zahiruddin Babar and Abhishek Parihar to sense the need and leave their high-profile roles in one of the biggest National Distribution houses to kick-start a company that would handhold small firms to transform into organized players through its robust wealth management platform.
Proliferating the First Mover Advantage
Branded as REDVision Technologies, this 2006 born IT Company owns the glory of the bellwether who introduced multiple assets in a single platform in India. Powered by differentiated thought process that backs the company in delivering innovation ahead of the times, this ISO 9001:2008 certified company is highly lauded for its user-friendly software and its prompt after-sales services. Having customer\'s success as its paramount axiom, the young, yet matured and seasoned team of around 45 wizards that include both software professionals and financial domain consultants endows the clients with vital technical resources, thus equipping them to work like big corporate houses, handle branches and sales or sub broker team in different locations. To make it further hassle-free, the company has allotted different teams for each segments of business analysis and software development.
\"The efficiency of our system reflects in our clients\' double digit growth. With 1000+ financial advisory firms as our clientele, we believe our biggest achievement is the trust and love of one million portfolio users. It is the highest number of investors any platform has been managing in India and we get hits from almost all cities in India and from more than 70 countries worldwide,\" proclaims a proud Zahiruddin Babar, the Co-Founder & CEO of the organization. Apart from its all-in-one affordable multi-asset online platform, REDVision is also claimed to be the first company in India to introduce Wealth Management online platform, and to incorporate financial planning software in wealth management platform.
The Rising Glory
The flagship services crafted at REDVision empowers its clients to be a part of continuous development while also to relish the bliss of affordable price, which in turn supplements its brand value. Highly celebrated for its in-house online Wealth Management Software named Wealth Eoffice, the company proffers the ability to serve high net-worth investors by providing in-depth reports, comprehensive financial planning, CRM, goal mapping, lead generation and auto MF file uploading. This award winning platform adheres to international standard and has successfully secured one million investors across the globe. \"We are currently reaping-in the demand for Wealth Eoffice from Southeast Asia, Middle East, Africa and European countries and we are planning to launch the product in potential foreign markets,\" adds Abhishek, Co-Founder & CFO, REDVision.
The Success Factors
REDVision firmly believes that employee satisfaction is the key for customer satisfaction. Considering its employees as its most valuable assets, the company has laid a transparent and \'feel like at home\' atmosphere where open communication and freedom is encouraged. Instilling the confidence of \"Yes, I can\' in each of its endeavor, the organization achieves best performance by devouring self-motivation and infusing professionalism, while also recognizing their contributions towards its growth. Here, every employee gets equal opportunities to grow and earn. Having knowledge sessions as a part of its weekly schedule, REDVision stresses upon case studies, assignments and self-prepared presentations, rather than taking the usual class-room approaches.
With such feathers on its success cap, this expert development team is currently rearing up to launch its financial goal tracking with real-time market valuation, most user-friendly mobile app for every financial need, an automatic portfolio that shields the investors from market crash and an online MF buy-sell platform. \"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 50,000 financial advisors in India,\" concludes Zahiruddin Babar.