January 17, 2023, Bangalore: KFin Technologies Limited (KFintech), a leading technology-driven financial services firm, today announced it is using Amazon Web Services (AWS), to help the asset management industry digitally transform and build new products, including interactive dashboards that use AWS machine learning to automatically look for investment patterns, including investor age and income, and identify new revenue streams.
Leveraging the depth and breadth of AWS capabilities, KFintech helps their clients digitally transform, providing the best business, program, and portfolio strategies to build the next generation of solutions in the capital market. For example, KFintech built a cloud solution serving initial public offering (IPO) information to investors across India, easily handling more than 100,000 investor requests for IPO information per second.
Sreekanth Nadella, MD & CEO, KFintech, said, “With AWS, we can accelerate digital innovation in every part of our business, building transformative technology to serve our clients and communities and provide them the best experience. Having worked with AWS for many years, I am confident that we will provide more business solutions driven by data and cloud that solve meaningful customer challenges.”
Puneet Chandok, president of Commercial Business, AWS India & South Asia (Amazon Web Services India Pvt. Ltd.), said, “KFintech leverages AWS to provide business and technology consulting services to its customers, helping them accelerate their cloud journeys. AWS’s breadth and depth of cloud services helps KFintech develop new capital market offerings, which support the digital transformation efforts of financial services organizations across India.”
About KFin Technologies Limited
KFin Technologies Limited (“KFintech”) is a leading technology driven financial services platform providing comprehensive services and solutions to the capital markets ecosystem including asset managers and corporate issuers across asset classes in India and provide several investor solutions including transaction origination and processing for mutual funds and private retirement schemes to asset managers in Malaysia, Philippines, Singapore and Hong Kong. In India, [KFintech is the largest investor solutions provider solutions provider to Indian mutual funds, based on number of AMCs serviced as on January 31, 2022 and the largest issuer solutions provider based on number of clients serviced, as on January 31, 2022. KFintech is the only investor and issuer solutions provider in India that offers services to asset managers such as mutual funds, alternative investment funds, wealth managers and pension as well as corporate issuers and are one of the three operating central record keeping agencies for the National Pension System in India.
KFintech is listed on the National Stock Exchange of India Limited and BSE Limited . The Company is majority owned by funds managed by General Atlantic Singapore Pte. Ltd., a leading global private equity investor, is the promoter of the KFintech.
For more information, please visit the website: http://www.kfintech.com/