KFin Technologies Limited unveils XAlt, a first-of-its kind, and integrated fund administration platform designed exclusively for Alternative Investment Funds (AIFs) in India. The platform offers an integrated solution, making it easier for fund managers and investors to navigate the complexities of AIFs. XAlt offers a seamless experience in handling investor services, bolstered by its integration with KFintech's in-house Fund Accounting platform, mPower.

mPower automates key processes such as valuations, income recognition, and compliance management, further streamlining fund administration. This integration further enhances operational efficiency and provides an exceptional user experience. Other key features of the platform include: Persona-Based Portals: XAlt offers tailored portals for different users like investors, distributors, and fund managers, providing them with relevant dashboard information and detailed transaction insights.

Digital Onboarding for Investors & Distributors: The platform enables easy and digital sign-up processes for investors and distributors, streamlining their integration. Seamless System Integration: XAlt facilitates smooth interaction between various internal and external systems, enhancing operational efficiency. Innovative Commission Processing: It introduces unique features for processing commissions in AIF funds, a first in the industry.

Regular AML/KYC Checks: The platform conducts daily runs of Anti-Money Laundering (AML) and Know Your Customer (KYC) checks to ensure compliance and security. Robust Security Measures: For high-value investors, XAlt provides strong security through complete encryption, virtualization, and tokenization.