As India’s first listed power sector Infrastructure Investment Trust (InvIT) and the first one to raise the funds through instruments like Term loan, Non Convertible Debenture, Market Linked Debentures, Commercial Paper and Public NCD, the company is uniquely positioned to leverage technology to ensure automation of processes as well as efficient management of these multiple investment instruments. With IBSFINtech solution, all transactions are captured in the system systematically, ensuring timely alerts, as well as generation of dashboards and reports for the management to review the performance on ongoing basis. The most critical aspect of the implementation of the Governance policy, monitoring the investment risk policy of the company and ensuring there are no deviations.
Having IBSFINtech Investment Module Solution
implemented at the company, it ensured implementation of the industry best practices along with benefits of end-to-end digitization of the processes.
The company is now moving towards, especially from the innovation perspective, complete workflow automation, including integration with Banks and MFU India. This will enable the seamless communication, right from the initiation of an investment till the fund transfer to the bank and the receipt of funds from the bank, including the accounting entries at respective steps in the process.