Markets: Eerie calm

Markets: Eerie calm

it is not clear when market sentiment can change; as in the past, it can be quite sudden.
At a turn and yet not

At a turn and yet not

RBI could be tempted to cut policy rate to support growth at its bi-monthly review.

L&T Infotech develops ‘Wealth Management Portfolio’ app

Mar 04 2014, 15:01 IST
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The mobile application called ‘WMS (Wealth Management Solutions) is created for the IOS and Android platforms. (AP) The mobile application called ‘WMS (Wealth Management Solutions) is created for the IOS and Android platforms. (AP)
SummaryThe mobile application called ‘WMS (Wealth Management Solutions) is created for the IOS and Android platforms.

L&T Infotech, a global provider of information technology services and solutions and a wholly-owned subsidiary of the USD 14 billion Larsen & Toubro, has developed a comprehensive mobile application for L&T Capital Markets Limited (LTCM), which operates in the Wealth Management space.

The mobile application called ‘WMS (Wealth Management Solutions) is created for the IOS and Android platforms. Customers get convenient access to their portfolios and information on asset allocation; while relationship managers can search for their clients and view details of their asset allocations.

“For institutions to profit out of mobile, they need to build out solutions that not only support multiple platforms, provide new interaction capabilities for existing customers, but also leverage the channel to generate new revenues,” Dr. Mukesh Aghi, Chief Executive (Services Cluster), L&T Infotech.

The WMS application is currently available at the app store of Apple and Google.

“The mobile app marries technology with convenience and is greatly appreciated by clients who wish to view their portfolio details while they are traveling. Through this app, we empower clients to view their respective portfolio details without having to depend on anyone,” Ved Prakash Chaturvedi, Chief Executive, L&T Capital Markets.

WMS App Features:

App is available for both smart phones and tablets.

App leverages existing features of the platforms to present information in easy-to-view graphics and also offers a consolidated view including security-wise and performance-wise holdings.

Asset allocation and other information is provided over a secure mechanism and ‘after user’ authentication.

Application can be used over a mobile data (3G) connection or through WiFi.

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