{"id":17969,"date":"2020-01-23T05:00:41","date_gmt":"2020-01-23T05:00:41","guid":{"rendered":"http:\/\/faceinews.com\/?p=17969"},"modified":"2020-01-23T05:00:41","modified_gmt":"2020-01-23T05:00:41","slug":"motilal-oswal-financial-services-announces-the-launch-of-digi-partner","status":"publish","type":"post","link":"https:\/\/www.faceinews.com\/?p=17969","title":{"rendered":"MOTILAL OSWAL FINANCIAL SERVICES ANNOUNCES THE LAUNCH OF DIGI PARTNER"},"content":{"rendered":"<p>MOTILAL OSWAL FINANCIAL SERVICES ANNOUNCES THE LAUNCH OF DIGI PARTNER<\/p>\n<p><a href=\"http:\/\/faceinews.com\/wp-content\/uploads\/2017\/11\/Faceinews-Logo-Copy.png\" rel=\"attachment wp-att-7654\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-7654\" src=\"http:\/\/faceinews.com\/wp-content\/uploads\/2017\/11\/Faceinews-Logo-Copy.png\" alt=\"Faceinews Logo - Copy\" width=\"173\" height=\"43\" \/><\/a><br \/>\nThe new asset-light business partner model set to revolutionize the financial intermediation sector<\/p>\n<p>SALIENT FEATURES OF DIGI PARTNER<br \/>\n\u2022 No compulsion of office infrastructure<br \/>\n\u2022 Exclusive reactivation &amp; HNI client dealing support desk<br \/>\n\u2022 Minimum refundable deposit<br \/>\n\u2022 Dedicated Apps for Trader &amp; Investors<br \/>\n\u2022 Personalized Advisory support for all segments &amp; products<br \/>\n\u2022 Online Funds &amp; Securities pay-in and pay-out facility<br \/>\n\u2022 Client wise Surveillance &amp; RMS facility<br \/>\n\u2022 Trade confirmation to clients through voice blast &amp; ECN (Electronic contract note)<\/p>\n<p>January 2020: Motilal Oswal Financial Services has announced the launch of their new asset-light business partner model, Digi-Partner. Capitalizing on the trend of digitization, given more than 70% of transactions of purchase happen digitally; this was an apt move for a financial services leader like MOFSL. This model requires little\/no investment to start a financial intermediation business and will certainly revolutionize the sector.<br \/>\nAs the name suggests, Digi-Partner is a unique partnership model where your complete business right from acquiring clients, account opening, business operations, product suggestions, advisory product Investments and moderation is done digitally. While you focus on activating your relationships, the technology provides the backbone to help your business grow.<br \/>\nSpeaking on this initiative Gaurav Manihar, Head \u2013 Business Alliances , MOFSL said, \u201cIt is a well-known fact that India has a young, educated population. It is also known that equity penetration in India is less than 4% ( vis-a-vis 60% in USA) and hence presents a large opportunity for financial intermediation. Our Digi Partner model helps young Indians who have a passion for investing and relationship management to turn entrepreneur by removing the barriers that prevent them from doing so.\u201d<\/p>\n<p>Some of the key advantages of this model are<br \/>\n\u2022 Minimal cost of customer acquisition in digital channels compared to traditional channels<br \/>\n\u2022 High reduction in the cost of transactions and servicing through digital channels compared to traditional channels<br \/>\n\u2022 Multifold increase in revenue generation through customers as compared to branch only model<\/p>\n<p>Through this unique business model, Motilal Oswal Financial Services wishes to reach out those who aspire to become entrepreneurs in the field of financial intermediation but cannot afford very high investment due to infrastructure costs. The capital market penetration in India is very low as compared to other developed countries. The more the affordable such business modules get, it will help in multiplying equity penetration in India.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MOTILAL OSWAL FINANCIAL SERVICES ANNOUNCES THE LAUNCH OF DIGI PARTNER The new asset-light business partner model set to revolutionize the financial intermediation sector SALIENT FEATURES OF DIGI PARTNER \u2022 No compulsion of office infrastructure \u2022 Exclusive reactivation &amp; HNI client dealing support desk \u2022 Minimum refundable deposit \u2022 Dedicated Apps for Trader &amp; Investors \u2022 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-17969","post","type-post","status-publish","format-standard","hentry","category-finance"],"_links":{"self":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/17969","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17969"}],"version-history":[{"count":1,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/17969\/revisions"}],"predecessor-version":[{"id":17970,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/17969\/revisions\/17970"}],"wp:attachment":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}