This Investment App Offers Information Shared By Market Regulators
Rahul Kalvapalle — January 21, 2022 — Tech
References: apps.apple & business-standard
The Securities and Exchange Board of India, which regulates the commodities and securities markets in India, has launched an innovative new investment app that aims to help investors understand the ins and outs of the securities market.
The 'Saathi' investment app is designed to disseminate an array of pertinent information including guidelines around trading, settlement, mutual funds, know your customer (KYC) protocols, mechanisms to address investor grievances and other updated information sourced from none other than the market regulator itself. The app is available as a free download on the Apple App Store and Google Play.
With India's growing population increasingly embracing mobile trading, this investment app aims to empower younger generations of investors with the information and guidance they need to better understand the securities market.
Image Credit: Securities and Exchange Board of India
The 'Saathi' investment app is designed to disseminate an array of pertinent information including guidelines around trading, settlement, mutual funds, know your customer (KYC) protocols, mechanisms to address investor grievances and other updated information sourced from none other than the market regulator itself. The app is available as a free download on the Apple App Store and Google Play.
With India's growing population increasingly embracing mobile trading, this investment app aims to empower younger generations of investors with the information and guidance they need to better understand the securities market.
Image Credit: Securities and Exchange Board of India
Trend Themes
1. Investor Education - There's an opportunity for companies to develop more apps that provide financial information to millennials.
2. Regulator-backed Apps - With more investment apps in the market, there's a growing need for those that are transparent and have a regulatory backing.
3. Mobile Trading - Mobile trading is flourishing in India, and there's an opportunity for apps that cater to the needs of young investors who want quick access to the market.
Industry Implications
1. Financial Services - The financial services industry can benefit from creating mobile apps that increase investor awareness and trust.
2. Technology - Technology companies can leverage their expertise to develop apps that not only provide financial information but also use AI to help investors make better decisions.
3. Regulatory Services - Regulatory agencies can take advantage of technology and create apps that bridge the gap between investors and regulators and increase investor confidence in the market.
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