Aruhat Technologies Pvt. Ltd. - Revolutionizing Trade Confirmation through SMS Aggregation

Company Overview

Aruhat Technologies Pvt. Ltd., established 20 years ago, is a pioneering SMS aggregator recognized for its innovative SMS Gateway Technology. The company is ISO 9001:2008 certified and a recipient of the prestigious GESIA Award. Aruhat Technologies has consistently demonstrated its commitment to enhancing communication technologies, with a particular focus on providing reliable and efficient SMS solutions.

Business Challenge

In the highly dynamic and fast-paced environment of stock trading, timely and accurate communication between share brokers and their clients is crucial. The primary challenge is ensuring that clients receive real-time updates on their trade activities to increase transparency, reduce errors, and enhance overall customer satisfaction. Moreover, compliance with regulatory standards and the need for an automated, scalable solution that can handle large volumes of trade confirmations are essential.

Solution

Cloud-based Live Trade Confirmation System

Aruhat Technologies addressed these challenges by developing a cloud-based live trade confirmation solution tailored for share brokers. This solution leverages the company's advanced SMS Gateway technology to provide real-time trade confirmations via SMS, even to DND (Do Not Disturb) numbers.

Key Features

  • Cloud-Based Technology : Offers flexibility and scalability, allowing brokers to access the system from anywhere with an internet connection.
  • Web-Based Access : Provides a user-friendly interface for managing trade confirmations.
  • Exchange-wise Trade File/Database Support : Ensures compatibility with different exchanges and trade databases.
  • Live Trade Confirmation by SMS : Sends instant SMS notifications to clients as soon as a trade is executed.
  • Dashboard for Live Traffic/Order Confirmation : Allows brokers to monitor live traffic and order confirmations in real time.
  • MIS Reports : Generates detailed reports for management information systems.
  • Live Delivery Reports for Compliance : Provides live delivery reports to meet compliance requirements.
  • Add-On Compliance Reports : Offers additional reporting features to get trade confirmations from clients.

Compliance Module Options

  • Live Trade SMS with Link : Sends a link along with the live trade SMS during market hours for clients to check and confirm trade details via OTP authentication.
  • End-of-Day (EOD) Link with Summary : Sends an EOD link with the trade SMS summary.
  • EOD SMS with Link Only : Sends an EOD SMS containing only the link.

Benefits

  • Increased Transparency : Enhances the trust between brokers and clients by providing real-time trade information.
  • Reduced Trade Errors : Minimizes the likelihood of errors by providing immediate trade confirmations.
  • Customer and Trader Satisfaction : Improves overall satisfaction by ensuring clients are well-informed about their trades.
  • Error Rectification : Allows for trade errors to be identified and rectified during market hours.
  • Encourages Trading : Motivates clients to engage in more trades by ensuring they are promptly informed of their trade activities.
  • Automation : Saves human effort, time, and energy by automating the trade confirmation process.
  • Focused Trading : Enables dealers to focus more on making trades for clients rather than on administrative tasks.
  • Compliance Support : Provides necessary SMS reports that can be used as supporting documents for compliance.

Technology Backbone

Aruhat Technologies’ platform is robust, handling a substantial volume of SMS traffic with efficiency and reliability:

  • User Base : 250+ share brokers in India utilize the platform.
  • SMS Traffic : The platform manages 100 million SMS transactions monthly.
  • Global Reach : The SMS Gateway technology is used by numerous SMS aggregators worldwide.
  • Gateway Connections : Supports multiple gateway connections with auto-routing for load balancing, ensuring speedy SMS delivery.
  • High Transaction Capability : Handles up to 10,000 transactions per second (TPS).
  • Advanced Error Handling : Incorporates advanced technology for error code mapping in live delivery reports.
  • Compliance with TRAI Standards : Updated regularly to comply with the latest standards set by the Telecom Regulatory Authority of India (TRAI).

Conclusion

Aruhat Technologies Pvt. Ltd. has successfully developed a comprehensive cloud-based live trade confirmation solution that addresses the critical needs of share brokers. By leveraging advanced SMS technology, the company has significantly improved the accuracy, transparency, and efficiency of trade confirmations, thereby enhancing customer satisfaction and ensuring compliance with regulatory standards. This innovative solution exemplifies Aruhat Technologies' commitment to technological excellence and customer-centric service.