What Is A Platform
In a nutshell, an investment platform like iFAST enables you to place a wide selection of investment products from many different product manufacturers into one consolidated portfolio.
Traditionally, to invest with multiple investment products, you have to deal with each product manufacturer separately. This means different application forms, separate payments, different client statements and multiple portfolio valuations were needed, which made the process more complex and time consuming. In addition, it was difficult to switch funds from one fund manager to another or between different investment products seamlessly. This paper-based administrative process was highly inefficient and costly.
With a platform, portfolios can be constructed and managed in one place. Paper-based transaction errors are eliminated with electronic straight-through transactions. With one form, one payment and one statement, iFAST simplifies the investment process with online administration and transaction, efficient operational infrastructure and powerful IT tools that result in enormous cost savings and efficiency.