Miles Announces New Business Unit to Maximize Service Offerings to Clients

Miles has recently announced the formation of a new business unit that will offer specialized services to its clients. This vertical will be responsible for handling application, infrastructure and operations of a portfolio, wealth management and custody service provider.

Offerings include:

• Database Hosting
• Secured Infrastructure with Business Continuity Plan
• Seamless Transaction Management
• Effective Revenue and Incentive Management
• Fund Administration, including automated reconciliations
• Timely Performance and Reporting

It will be headed by Himanshu Maheshwari, who is a certified Chartered Accountant with over 12 years experience across various Capital Market operations─derivatives, wealth management, mutual funds & MIS. Milan Ganatra, CEO, Miles, said, “We strongly believe in partnering with our smart clients to enable them to achieve a manifold increase in revenue by minimizing their support cost with minimal worry with regard to the back-end activities”.

The new business unit aims to enhance client satisfaction by providing a one stop shop for managing the clients’ IT, infrastructure and human resource needs.

Miles has an edge to handle this in a much more effective and efficient manner:

• Decade long experience in creating products and solutions for investment, wealth and asset management firms.
• Synergy with Miles suite of functionally rich products enabling faster time-to-market of client’s new product offerings.
• Intellectual property of wealth management platform owned by Miles
• Strong & Bullet proof processes framework by leveraging domain expertise and know-how of the platform.