Impliment Broking Solution for Share Brokers

Company Overview

Aruhat Technologies Pvt. Ltd. is a distinguished SMS aggregator with a 20-year history of innovation and excellence. The company is ISO 9001:2008 certified and has been honored with the GESIA Award for its superior SMS Gateway Technology. Aruhat Technologies specializes in providing a cloud-based live trade confirmation solution tailored for share brokers, facilitating real-time communication of trade confirmations to clients via SMS, including those registered on Do Not Disturb (DND) lists.

Business Challenge

In the fast-paced world of share trading, timely and accurate communication of trade confirmations is crucial. Share brokers face several challenges, including

Ensuring real-time delivery of trade confirmations to clients.

Managing and verifying trade details for compliance purposes.

Reducing trade errors and increasing transparency between brokers and clients.

Handling large volumes of trade data efficiently and securely.

Solution

Aruhat Technologies developed a comprehensive cloud-based live trade confirmation solution to address these challenges. The solution integrates several advanced features and benefits, making it a robust and reliable tool for share brokers.

Features

  • Cloud-Based Technology : The solution is hosted on the cloud, providing scalability and accessibility from any location.
  • Web-Based Access : Brokers can access the platform through a web interface, simplifying management and monitoring.
  • Exchange-Wise Trade File/Database Support : Supports trade data from various exchanges, ensuring compatibility and flexibility.
  • Live Trade Confirmation by SMS : Instantly sends trade confirmations via SMS as soon as trades are executed.
  • Dashboard for Live Traffic/Order Confirmation : Provides real-time monitoring and management of trade confirmations.
  • MIS Reports : Generates comprehensive reports for management information systems (MIS).
  • Live Delivery Reports for Compliance : Tracks SMS deliveries for compliance purposes.
  • Add-On Compliance Reports : Helps brokers obtain trade confirmations from clients, enhancing regulatory compliance.

Compliance Module

The compliance module includes several options to ensure brokers can meet regulatory requirements and maintain transparency with clients

  • MIS Reports : Generates comprehensive reports for management information systems (MIS).
  • Live Delivery Reports for Compliance : Tracks SMS deliveries for compliance purposes.
  • Add-On Compliance Reports : Helps brokers obtain trade confirmations from clients, enhancing regulatory compliance.

Benefits

  • Increases Transparency : Enhances trust and transparency between brokers and clients.
  • Reduces Trade Errors : Minimizes the chances of errors in trade confirmations.
  • Increases Satisfaction : Improves satisfaction among customers and traders.
  • Error Rectification : Allows for correction of trade errors during market hours.
  • Encourages Trading : Encourages clients to engage in further trades by ensuring accurate and timely communication.
  • Automation : Automates the trade confirmation process, saving time and reducing human errors.
  • Efficient Use of Resources : Brokers can focus more on trading activities, leaving the confirmation process to the automated system.
  • Comprehensive Support : Supports all exchanges and market segments.
  • Compliance Documentation : Provides SMS reports as supporting documents for compliance purposes.

Technology Highlights

  • Extensive Usage : Over 250 share brokers in India utilize Aruhat's platform.
  • High SMS Traffic : The platform handles a monthly SMS traffic of 100 million.
  • Global Reach : Aruhat's SMS Gateway technology is used by numerous SMS aggregators worldwide.
  • Multiple Gateway Connections : Ensures reliable and speedy SMS delivery through auto-routing and load balancing.
  • High Throughput : Capable of handling 10,000 transactions per second (TPS).
  • Advanced Queuing Standards : Optimizes sending times for SMS.
  • Regulatory Compliance : Updated to meet the latest TRAI standards.

Conclusion

Aruhat Technologies Pvt. Ltd. has established itself as a leader in SMS technology by providing a cutting-edge, cloud-based live trade confirmation solution. This platform not only enhances operational efficiency for share brokers but also ensures regulatory compliance and increases client satisfaction through real-time, transparent communication. With its advanced technology and robust features, Aruhat continues to set the standard in the SMS aggregation industry.