Indian technology developer L&T Infotech introduces a new wealth management application for iOS and Android users.

L&T Infotech, the India-based information technology services firm with a financial services-focused arm, has created a new mobile platform for the wealth management industry. 

WMS, the new mobile application, is created for iOS and Android platforms. It enables customers to easily access their portfolios and information on asset allocation. Relationship managers may also use it to search for their clients and view details of their portfolios. 

"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," said Dr Mukesh Aghi, chief executive for services cluster at L&T Infotech, in a statement. 

The application is available a the app store of Apple and Google.