Execution of transactions received through the proposed platform will continue to be done by the respective RTAs servicing the AMCs to whom the transactions pertain to. The changes to back-end systems are not expected to be material. The Company estimates that from a financial standpoint, the proposed initiative does not have any material impact. However, this reinforces the key role that the RTAs continue to play in the MF ecosystem.
The company is engaging with other MF RTA, to conceptualize, design and build this platform for the use of investors and the broader industry eco-system.
