L&T Infotech develops ‘WMS Portfolio’ app for L&T capital markets

BANGALORE, INDIA: L&T Infotech, a global provider of information technology services and solutions and a wholly-owned subsidiary of the $14 billion Larsen & Toubro, has developed a comprehensive mobile application for L&T Capital Markets Ltd (LTCM), which operates in the Wealth Management space.

The mobile application called ‘WMS (Wealth Management Solutions) is created for the IOS and Android platforms. Customers get convenient access to their portfolios and information on asset allocation; while relationship managers can search for their clients and view details of their asset allocations.

Dr. Mukesh Aghi, chief executive (Services Cluster), L&T Infotech, said: "For institutions to profit out of mobile, they need to build out solutions that not only support multiple platforms, provide new interaction capabilities for existing customers, but also leverage the channel to generate new revenues. At L&T Infotech, we have deep experience in both mobile platforms and devices that enrich our relationships with financial institutions. The WMS portfolio application is a step further in the mobility space."