Why is Counterparty due diligence required?

due diligence

Every business, whether large or small, aspires to become stronger in its niche. Growth can be in the form of adding new products to the portfolio, increasing the customer base, or improving the geographical base, which ultimately requires the help of a third-party. Thus, it is important to carry out counter-party due diligence check as it insulates your business against the challenges that you might face during the expansion stage. An introduction to the concept As the business expands its footprints, they come across several organisations to deal with including…

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Important Details That You Must Share with Financial Planners Once You Hire Them

Financial Planners

Be it creating an overall long-term investment strategy or planning for specific goals viz. retirement etc., professional services are now available to help you plan for all your financial goals. If you are seeking to hire a professional financial advisor, read this post to know five most important details that your advisor should know about you. For many people, financial planning is not a very well-known concept – it is far more than ‘trying to manage your monies better’. Financial planning is a structured approach to draw up an overall…

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Five things you should know about mutual fund SIP

about mutual fund SIP

Contrary to popular belief, there is no need to visit your brick-and-mortar bank to complete the formalities before starting the SIP. Investors can easily start the SIP from the comfort of their home. There are various fund houses that allow the investors to complete the paperwork online without doing much legwork. There are many similar interesting snippets about SIP in Mutual funds you ought to know. Here is our compilation of the top 5 things to know how to invest in SIP online: 1 KYC-The first thing that you must…

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Tips on Choosing Equity Funds for Beginners

Tips on Choosing Equity Funds for Beginners

For many people, investment plans sound complicated. Their lack of financial understanding comes in their way of getting the advantage of effective investment opportunities. Thankfully, equity funds have become extremely easy to invest in. The outreach offered by digital media and advanced technologies allow people to invest and monitor their funds through their smartphones. However, a basic understanding is important to leverage these advantages. So, this article presents a few valuable tips for beginners who are looking for high-quality mutual funds. 1. Make an investment portfolio for yourself The equity fund…

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How to increase ROI with financial planning software

How to increase ROI with financial planning software

A client will typically want his financial adviser to explain in simple terms the return on investment (ROI) on his or her fund or package of investments. Equally, all advisers are looking for ways to create positive client experiences and cement the adviser-client relationship. Financial planning software aids this relationship and smooths the path to a more holistic approach to explaining the complexities of different strands of investment. For advisers, there is also the question of whether or not their IFA software can also help to increase their ROI. Available…

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