Welcome!

FIAI Distribution Conclave is an opportunity for the financial industry to come together on one platform and to discuss the long term vision, development and how to address challenges being faced by the Financial Distribution Industry. The highlight of this event is the unveiling of a FIAI comissioned report on Indian financial distribution industry titled Indian Financial Distribution Industry at the cusp: Vision 2020 done by CRISIL

Message from the FIAI Board on the Event

The FIAI Distribution Conclave is an event of the entire financial products distribution industry in India. The event will see the presence of all top stalwarts of the Industry & its stakeholders including Industry regulators, the top industry leaders from Distribution, AMCs & Insurance cos and eminent personalities from the Industry IFA associations, research & training organisations and media. This is an open invitation to those associated with the industry to come together, to share, to network, to engage and to collaborate. Kindly block your date today and join us at the FIAI Distribution Conclave.

FIAI Board of Directors

ABOUT CONCLAVE

FIAI Distribution Conclave Event was held on June 23rd, 2015 at the International Convention Hall of BSE. The Event was attended by about 200 senior people from the financial Industry comprising of Heads of Distribution Companies including banks, AMC CEOs & Business heads, Senior people from Insurance, other stakeholders from BSE, CAMS, CRISIL, Broking houses etc.

The Chief Guest of the Evening was Mr. Manoj Joshi, Jt Secretary - Financial Markets, DEA, Ministry of Finance, Govt of India. Mr. Joshi presented the keynote address for the evening. Mr. Sudhakar Ramasubramanian, Director - FIAI gave the welcome address on behalf of FIAI.

The FIAI CRISIL India Financial Distribution Industry report titled Indian financial distribution industry titled Indian Financial Distribution Industry at the cusp: Vision 2020 was unveiled at the event by the Chief Guest, Mr. Joshi along with Mr. Ashish Chauhan,MD & CEO - BSE, FIAI Directors and CRISIL team.

Mr. Manish Jaiswal, Business Head - CRISIL Research made a presentation on the report. A power packed panel discussion on Distribution: Vision 2020 was held where the panelists were Mr. Ashish Chauhan, MD & CEO - BSE, Mr. Nirmal Jain, Chairman and Founder - IIFL Holding Ltd and Mr. Leo Puri, MD - UTI Asset Management Co. Ltd were the panelists. Mr. Vishal Kapoor, Director - FIAI was the moderator of the panel discussion. Many important visionary statements and important takeaways for growth of the Distribution Industry were registered by the Audience. Mr. Gurpreet Singh, Principal Consultant - FIAI gave the vote of thanks to the dignitaries present to wind up a successful event.

BSE supported the Event as Data Partner, CRISIL was the knowledge partner an CAMS was the data partner for the Event.

AGENDA

Date: 23rd June 2015
4:30 PM Sharp Welcome & Lamp Lighting
4:40 PM Welcome Address by FIAI
4:45 PM Keynote Address by Chief Guest
5:00 PM Unveiling of FIAI CRISIL India Distribution Report
5:05 PM Presentation on the Report
5:40 PM Power-packed Panel Discussion on Distribution Industry: Vision 2020
6:15 PM Vote of Thanks
6:15-7:15PM Hi Tea Industry Networking session

FIAI CRISIL REPORT

Indian Financial Distribution at the cusp: Vision 2020

At 21%, India's household savings rate is one of the highest in the world. However, unlike in many developed nations, a significant portion of this money is channelled into non-financial assets -- primarily real estate and gold. Since liberalisation in the early 1990s, India's financial market has grown by leaps and bounds but the wealth management industry has been confined to a very small set of mostly affluent investors. Not a conducive situation to wealth creation in a country where over half the population is below the age of 30.

At the heart of this issue is the financial distribution business, whose penetration and development has been inhibited by lack of financial awareness, operational inefficiencies and lack of incentives for investors and distributors.

This report details the financial distribution industry and the outlook for it based on secondary research and primary interactions with a large number of stakeholders. It draws up a picture of the industry taking into account its size, structure, penetration levels, geographical reach and trend analysis. It also considers various macroeconomic factors, technology trends, investor preferences and regulatory developments to identify the growth drivers/ opportunities and challenges/ obstacles.

Both FIAI and CRISIL are convinced policymakers, stakeholders and industry watchers alike will find this a handy document for keeps.

PARTNERS

Presenting Partner

Established in 1875, BSE (formerly known as Bombay Stock Exchange Ltd.), is Asia's first & fastest Stock Exchange and one of India's leading exchange groups. More than 5500 companies are listed on BSE making it world's No. 1 exchange in terms of listed members. The companies listed on BSE command a total market capitalization of USD 1.68 Trillion as of March 2015. It is also one of the world's leading exchanges (5th largest in March 2015) for Index options trading. BSE also provides a host of other services to capital market participants including risk management, clearing, settlement, market data services and education.

BSE India has been a active supportor to the cause of the financial distribution industry. It is a partner /sponsor to the FIAI Distribution Conclave.

Knowledge Partner

CRISIL is a global analytical company providing ratings, research, and risk and policy advisory services. They are India's leading ratings agency. They are also the foremost provider of high-end research to the world's largest banks and leading corporations. CRISIL Research is India's largest independent integrated research house providing insights, opinion and analysis on the Indian economy, industry, capital markets and companies. They are India's most credible provider of economy and industry research covering 86 sectors and known for its rich insights and perspectives.

The CRISIL Financial Distribution Industry report will be unveiled at the FIAI Distribution Conclave 2014. The report details the financial distribution industry in India and the outlook for it based on secondary research and primary interactions with a large number of stakeholders. It draws up a picture of the industry taking into account its size, structure, penetration levels, geographical reach and trend analysis. It also considers various macroeconomic factors, technology trends, investor preferences and regulatory developments to identify the growth drivers/ opportunities and challenges/obstacles.

Data Partner

CAMS has been India's premier Mutual Fund Registrar and Transfer Agency for over two decades bringing technology, infrastructure and specialization to Mutual Fund services. In serving over 60% of the assets of the Mutual Fund industry, CAMS has built credible reputation with Asset Management companies, investors and distributors. Leveraging its vast physical infrastructure and technology origination capabilities, CAMS has also been serving other financial segments namely Private Insurance companies and their policy holders, Private Equity Funds, Banks and NBFCs. Headquartered in Chennai, CAMS is co-owned NSE Strategic Investment Corporation Limited, a subsidiary of National Stock Exchange, HDFC Group (a financial services conglomerate) and Acsys Investments (the founding promoter).

FIAI MEMBERS

  • Aditya Birla Money Mart Ltd
  • Ambit Holdings Pvt. Ltd
  • Anand Rathi Financial Services Ltd.
  • Axis Bank
  • Axis Capital Ltd
  • Bajaj Capital Ltd
  • Capital First Ltd
  • CitiBank
  • Edelweiss Global Wealth Management Ltd.
  • Wealth India Financial Services Pvt. Ltd
  • Geojit BNP Paribas Financial Services Ltd
  • IIFL Wealth Management Ltd
  • IFAN Finserv Pvt. Ltd
  • JM Financial Services Private Limited
  • Karvy Stock Broking Limited
  • Kotak Mahindra Bank Ltd
  • Motilal Oswal Wealth Management Pvt. Ltd
  • NJ India Invest Pvt. Ltd
  • Prudent Corporate Advisory Services Ltd
  • Reliance Money Solutions Private Ltd
  • Religare Wealth Private Limited
  • SPA Capital Services Pvt Ltd
  • Standard Chartered Bank

MEDIA COVERAGE

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