Chennai: Motilal Oswal Financial Services Limited (MOFSL) has announced the launch of ‘RESEARCH 360’ –a first-of-its-kind financial market research & analysis platform. This uniqueplatform will act as a one-stop destination for the investors & traders to perform detailed fundamental and technical research which will help intaking prudent investment or trading decisions in various segments such as equity, derivatives, mutual funds, thematic &model portfolios etc.Research 360 app is a unique proposition for both DIY category of investors as well as investors looking for readymade research solutions The launch of ‘RSEARCH 360’ is a part of the expansion of the digital products portfolio in FY23.
RESEARCH 360 platform has robust exciting features such as ace investor portfolio, which the novice investors can benefit from andunderstand the craft of building stock portfolio. Techno-FundaScanners offers advantage to mature investorsfrom 200 plus scans related to Price, Volume, Fundamental, technical indicators etc. in one menu. This app also provides other key features like SWOT Analysis, Comparing stocks, FnO Analytics, MO Institutional Equities Research Reports and Aceinvestors portfolio.
Commenting on the launch of this product, Mr. Ajay Menon, CEO – Broking & Distribution, Motilal Oswal Financial Services Ltd said, “The retail investors have been flocking towards equity markets.Number of active Demat accounts in India as of 31st March 2022 were 89.7 million showing 63% growth in FY22. We feel capital markets investments should be done after detailed research about the investment one chooses. Motilal Oswal being into equity markets for more than 35 years, thought of providing the access to our research universe to all the investors irrespective of whether they are our clients or not. Our latest offering, Research 360 will give access to Motilal Oswal’s Award winning research to all the investors and will help them take informed investment decisions.”
Mr. Menon further added that, “With a total retail client growth of 44% YoY, the B&D business is in pursuit to increase its retail client base.As a customer centric organization, we are constantly upscaling our technologies to take our PHYGITAL promise ahead. Along with our target to increase employee strength, we are also seeing huge interest from multiple individual brokers to join hands with MOFSL.”
RESEARCH 360 will act as a platform for every investors and traders’ destination for research. The platform is developed in such a way that it will reduce the company’s subscription cost of data sourcing from multiple sources.
Research 360 application is easily available both on Google play store for Android devices and App store for Apple devices. Currently the detailed research report services are free of cost, however in the coming months we plan to switch to the premium subscription model.
The financial product distribution AUM of Retail Broking & Distribution business of Motilal Oswal witnessed a growth of 31% YoY to ₹16,764 crore & DP AUM growth of 34% YoY for FY22. The B&D business recorded highest ever Annual Daily Turn Over, annual revenue and profit in FY22 with one of the highest ARPUs (Average revenue per unit) in the industry.
Overall benefits of RESEARCH 360 to clients –
• All the fundamental & technical information about companies & its stock performance
• Advance screening & analytical tools to pick the Potentially ideal stock among its peers
• Solid Research – Solid advice & interaction with market experts & analysts through online discussion forums
• Motilal Oswal’s award winning research & its sectorial reports
• Long term & short term trading as well as investment ideas
• Advance stock market training courses
• Portfolio tracking of Superstar, FII & Institutions
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