Wealth Management System (WMS)
Wealth Management or Investment Management is an important offering in a bank's product bundle. Wealth management services offered by banks usually involves risk profiling a client and recommending investments that suit the risk profile. Investments could be in multiple instruments like Mutual Funds, Equity shares, Bonds etc. Performance of these investments are regularly tracked OBDX Wealth Management has the following features:
Overview
In the Overview section user gets a set of wealth management related widgets. These widgets have consolidated information on fund performance, asset allocation. trend lines of performance, latest investment related news headlines etc.
Start Investing
User gets ready to invest in mutual funds by opening an Investment Account & completing the Risk profiling
Open Investments Account
Investment Accounts are the placeholders for mutual fund investments of a bank customer. They are internal to the bank no real significance outside the bank Opening of the investment account is a mandatory for user to start transacting in mutual funds in OBDX.
Risk Profiling
User is presented with a questionnaire with multiple answer choices and based on the answers a risk profile is arrived at for the investor. Risk Profile guides the investment allocation of the user.
Place Orders
Retail user to place orders related to their investments. Investor can purchase mutual funds, redeem mutual funds, switch between two different schemes and can view the statuses of their orders.
Investment Details
The Investment Details functionality allows the retail users to view all the investment details in one screen along with details like portfolio summary, performance, holdings, dividends and recurring.
Reports
Retail users can generate various investment related reports like Mutual Fund transactions Report, Capital Gains Report, Dividends Report & Portfolio Report.
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