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Mutual fund house DSP BlackRock has launched a new online portal for distributors, making the client registration and transaction process simple and seamless. IFAXpress (for independent financial advisors) facilitates paperless transactions as long as the client is KYC-compliant. Investment advisors can add any client, even without any past folio numbers, using the new platform. It also eliminates the risk of application rejections. Distributors can handle their clients’ portfolios online while also keeping tab on their own business.
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