Uploaded on Apr 22, 2020
Here is how online fund platforms are secure. Kindly refer out the document and know revenue-based financing companies are safe as a funding platform
Are Online Fund Platforms Secure
Are Online Fund Platforms
Secure?
An online fund platform is a tool that provides an investor
online access to thousands of funds via several hundred
fund houses. These state of the art systems provide a
very secure tool for both novice and experienced
investors alike. Once a prospective investor has
conducted a detailed research on the type of mutual
funds they want to invest in, the option of opening an
online investment account is available. The information
required here is to satisfy anti money laundering
requirements by regulators; these include client personal
details such as age, date of birth, nationality and proof of
address. The bank account is then linked to the
investment account so that the investor can in the future
remit additional money for further investment.
The information is secure, they have an ongoing
commitment to ensure that investments can be placed in
as secure an environment as possible. By adopting the
latest online security technology, customers can perform
transactions with complete peace of mind. Secure socket
layers (SSL) are provided with at least 128 bit encryption,
this means data transmitted via the internet is encrypted
which in turn prevents third parties from stealing your
information
Online fund platforms provide investors with separate
managed accounts; these are accessed via a secure login
and password system which is only accessible to the client.
Once logged in the client has an array of investment
options at his disposal, these can be combined to create
an individual portfolio. The information about an investor's
personal portfolio is only accessible to him.
Online fund platforms have been created to offer
individuals complete transparency, any initial entry fees
are clearly made as well as dealing fees. The mutual fund
fact sheet offers further information on the funds individual
annual management fee and any other associated costs.
One important feature of some platforms is the ability to
search and rank funds based upon their annual
management fee, in this way you can find the market
performers that offer best fund fee structures too. Once an
investor has a portfolio of funds he can track performance
on an adhoc basis and he will also receive a monthly report
showing all key points of interests, The report will show
monies invested, at what purchase price, the price now
and the actual gain on the investment, full page fact
sheets on any holding are available via the secure fund
platform.
Fund managers and other professional fund investors carry
out several functions to ensure the success of mutual funds;
the online fund platform enables investors to review all the
transactions carried out, the portfolio valuations, the
performance of investments, the specific asset allocation
and any tax issues.
Through an online fund platform, an investor can easily
perform any actions they want. It is possible to buy and sell
funds online, change portfolios or change the investment
capital. In case an investor wants to close their account
online due to emergency or other reasons, the process can
be done diligently within just a few days. In case of
redemption, an investor can apply for the amount requested
and receive a money transfer or direct transfer to the bank
depending on where the bank is located. All these
transactions are only accessible to the investor as they are
carried through a very secure online fund platform. The
online fund platform is indispensably secure.
Contac
t
GetVantage Tech Pvt. Ltd.
116, B.U. Bhavan, Sewree
Mumbai, 400015
Mail us at
[email protected]
or call +91 882 855 3434
Kindly Connect
GetVantage at
www.getvantage.co/
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