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Wednesday, September 26, 2012

Reliance MF gets Rs 500 crore daily online transactions from corporates

Reliance Capital Asset Management (RCAM) has said that it has witnessed around Rs 500 crore worth corporate transactions every day on its web-based facility 'Invest Easy'. 

Sundeep Sikka, CEO, RCAM said "Investors are driven by convenience and this brings larger allocation of funds from corporate investors to Reliance MF. A large part of corporate financial advisors have migrated to the online platform, minimising their operational time and cost." 

As per the company, 'Invest Easy' is configured to accept complex authorisation requirements of various entities. 

Investors can define their approval workflow and transaction authorisation matrix, it added.
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