Welcome to Finsire!✨
This page will help you get started with Finsire. You'll be up and running in a jiffy!
Get a cup of coffee🍵 and be prepared for a walkthrough, to understand what Finsire offers as a business and how you and your organisation can benefit, by collaborating with us and our innovative applications.
Let’s get started!
🚀 What is Finsire?
Finsire positions itself as a digital infrastructure for assets, offering a broad spectrum of services designed for various clients. Our offerings include go-to-market APIs, ready-to-use platforms, and Credit, AI and Analytics solutions.
We aim to serve lenders, wealth management companies, Fintechs, and other entities looking to leverage digital infrastructure for all asset classes. Finsire's approach caters to different levels of licensing needs, providing scalable solutions to enhance decision-making and product innovation across the financial industry.
The Need
Indian households 🏘️ hold over 14 trillion dollars in assets, and global households' assets are over 400 trillion dollars. Today, any actions like lending, or investment decisions over these assets are difficult and manual. The idea is to allow the asset holder 🙋 and institutions to do what they wish to do with these assets seamlessly.
Finsire’s mission is to map India’s wealth, stored as Assets (Informational and Financial Assets).
Finsire's tech helps in interoperable asset fetching mechanisms, a better UI/UX (direct APIs) for users, a switch for pledged assets and access to lender network, investment and analytics by in-house AI model for companies and their users, and building at the forefront for asset classes yet to be digitized, which classify as phygital assets.
📊 What are Assets?
In Finance’s dictionary, assets 🎁 mean something valuable that can generate economic value for a company and reap benefits for the asset owner.
Assets are a key component to the company’s net worth. Assets can generate revenue - assets can be physical items, such as machinery or intellectual property. Assets are recorded/reported in a company’s balance sheet 📑, which is one of the crucial financial statements.
Assets accumulated, wisely purchased or invested in, can bring lots of prospects and opportunities and can provide numerous methods of solving financial problems. FINSIRE is focused on solving such economic problems and is helping to create solutions to prevent financial crises. 😥
📈 What are Asset Classes?
An asset class is a grouping of investments that exhibit similar characteristics and are subject to the same laws and regulations. Equities (e.g. stocks), fixed income (e.g., bonds), cash and cash equivalents, real estate, commodities, and currencies are common examples of asset classes.
💎 What does Finsire offer?
Finsire APIs/WebApp/SDKs/Iframes 🔐
It helps the users to fetch their Assets either which are Financial instruments or Informational and then can be reflective to the company and users both.
1. Asset Gateway
API | Functionality | Integrations | Additional details |
---|---|---|---|
AA Gateway APIs | Dynamic Multi AA | One Money, Anumati, Finvu, Protean, NADL, Digio | Basic details about assets including bank account, mutual funds and stocks |
Vehicle API | Vehicle 360° View | 3D rendering vehicles | Enhances overall viewing experience |
Vehicle API | Vehicle Analyser | Vehicle Valuation | Market price Insurance details Integral for insurers and financiers to determine the current value and risk associated with a vehicle |
Vehicle API | Challan History | Vahaan | Challan associated with the vehicle |
Real Estate Analyzer API | Area wise Pricing | Finsire APIs - Sub-registrar office | Facilitates property valuation and ownership verification and comprehensive real estate investments |
2. AI Analyzer
Net Worth Analyzer with Reports
API | Functionality | Integrations | Additional details |
---|---|---|---|
Net Worth Assets API | Mutual Funds | AA - Finsire Analytics | Allows for the tracking and management of mutual fund investments |
Net Worth Assets API | Stocks | AA - Finsire Analytics | Provides access to securities for wealth management, aiding in investment decisions and portfolio analysis |
Net Worth Assets API | Insurance, NPS, GST, ITR | AA - Finsire Analytics | Integrates insurance, pension, and tax details for comprehensive financial planning and advisory services |
Net Worth Assets API | Vehicle | AA - Finsire Analytics | Market price Insurance details Integral for insurers and financiers to determine the current value and risk associated with a vehicle |
Net Worth Assets API | Real Estate | AA - Finsire Analytics | Facilitates property valuation and ownership verification and comprehensive real estate investments |
API | Functionality | Integrations | Additional details |
---|---|---|---|
Net Worth Liabilities API | CIBIL and Credit Card Details | Dynamic Multi AA | Derivation of liabilities details Credit history analysis Payment history tracking |
Asset Analyzers
API | Functionality | Integrations | Additional details |
---|---|---|---|
Bank Statement Analyzer API | Bank Accounts [Retail and Merchant Client: Investment and Lending-specific] | AA - Finsire Analytics | For consolidating bank account information across multiple institutions, enabling financial apps to offer an aggregated financial view to users |
Mutual Fund Analyzer API | Analyzes Mutual Fund Investments | AA - Finsire Analytics + External Source Integration | Comprehensive mutual fund performance analysis. Integrates with external market data for enriched insights. Supports fund selection and portfolio management. |
Stock Analyzer API | Evaluates Stock Investments | AA - Finsire Insights, External Market Data | Provides real-time stock performance analytics. Offers predictive insights based on historical data. Enhances strategies with market trend analysis. |
Real Estate Analyzer API | Evaluates Real-Estate Properties | Valuations, Property Details | Provides valuations and detailed property analytics. Includes stamp duty and land registration details. Aids in investment and property management decisions. |
Vehicle Analyzer API | Assesses Vehicle Value and Insurance Details | Valuations, Insurance Data | Delivers Insured Declared Value (IDV) for insurance. Adjusts valuations based on market conditions. Facilitates comprehensive vehicle financial assessments. Nearly 55 data points of the vehicle |
3. Secured credit - Loan against Mutual Funds and Shares
Technology Service Provider
API | Functionality | Integrations | Additional details |
---|---|---|---|
Pre-approved Credit Limit API | Mutual Funds and Shares | Finsire Analytics | Asset evaluation Risk profiling and predictive insights to determining credit limit |
Loan against MF API | Term loan and overdraft With LOS, CMS, and LMS | CAMS, KFintech, MF Central | Secures loans against mutual fund assets, necessary for asset-backed lending services |
Loan against Securities API | Term loan and overdraft With LOS, CMS, and LMS | NSDL [TP-LAS & DP-LAS] | Secures loans against demat securities and mutual funds, necessary for asset-backed lending services |
Loan against Securities API | Term loan and overdraft With LOS, CMS, and LMS | eLAS | Work-in-progress: Pledge demat securities with a depository participant |
Lending Service Provider
API | Functionality | Integrations | Additional details |
---|---|---|---|
Direct Sales Agent Integration | Term loan and Overdraft with LAMF [with LOS and CMS] | Bajaj Finance South Indian Bank City Union Bank | Facilitates marketing and sales of financial products, aiding customer acquisition for distributor |
Main Portal 📟
It allows any representative from the company to view, manage and operate on their users' data to provide them with required services according to the use case, here in they can view combined data and analytics on all their users according to the business divisions, and individual user information which is downloadable and can be used across for various functions in the company.
🧩 Problem and the bigger picture
India is growing and although we were taught the value of assets, many of us do not know how these assets can be useful to us in time of need.
🤔The biggest problem in asset mapping can vary depending on the specific context and goals of the mapping effort. Asset mapping is a process used in various fields, such as community development, business, and natural resource management, to identify and assess the available resources and assets in a given area. Some common challenges and problems associated with asset mapping include:
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Incomplete or outdated data: One of the primary issues in asset mapping is the availability of incomplete or outdated data. Assets may change over time, and keeping the information up-to-date can be a significant challenge.
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Lack of standardization: Inconsistent data collection methods and a lack of standardized terminology can lead to confusion and difficulty in comparing and using asset data. Combining and integrating data from different sources or sectors can be complicated, as it often involves dealing with disparate datasets and formats.
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Data Privacy and Security: In some cases, asset mapping may involve sensitive data, and ensuring privacy and security can be a challenge, especially when sharing data with multiple stakeholders.
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Identifying all relevant assets: It can be difficult to identify and map all relevant assets in a given context. Some assets may be hidden, informal, or not immediately obvious.
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Resource constraints: Asset mapping can require time, financial resources, and human resources. Smaller organizations or communities with limited resources may find it challenging to conduct comprehensive asset mapping.
To address these challenges, careful planning, stakeholder involvement, data quality assurance, and the use of appropriate technology and tools are essential. Asset mapping efforts should also be adaptable and flexible to accommodate changes over time.
Additionally, addressing privacy and security concerns is crucial in data-intensive asset mapping initiatives.
Updated 3 months ago