2020 Impact Innovation Award in Capital Markets: MF Utilities/Intellect Design Arena

MF Utilities and Intellect Design Arena are the recipients of the 2020 Capital Markets Innovation Award for digital channel capabilities.

Boston, April 13, 2021 MF Utilities offers a convenient system to be used by distributors and investors. MFU System simplifies the process of investing in multiple mutual fund schemes and enables asset managers, mutual fund distributors, registered investment advisors, independent financial advisors, custodians, and portfolio management services to penetrate more market segments, enabling online transaction submission in multiple schemes across mutual funds. The company utilizes the industry experience of the technology vendor Intellect Design Arena (IDA).

Aite Group’s Impact Innovation Awards are designed to recognize and celebrate innovation achieved by financial institutions leveraging technology to surpass the status quo. Award recipients are leading the industry by identifying and implementing new products, capabilities, or levels of automation and effectiveness that are bringing our industry one step closer to next-generation banking.

Clients of Aite Group’s Institutional Securities & Investments service can download this 10-page Impact Brief. To learn more about the topic covered in this Impact Brief, please contact us at [email protected].

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