A client of ours saw an opportunity to enter a market with large volumes and low value investments. Although it can be an administration nightmare, they where brave enough to create a Investment clubs (Stokvels) business. They needed to keep cost low by not having many back office employees and have effective systems to make administration and record keeping easy.
By partnering with FINWorks to use our Investment Software to manage investments for members in their clubs they can now keep costs low and have accurate records of their club’s investments. With an easy unit valuation system they can value the club portfolios and give member up to date market values.