E-Lock DeskSeal reduced the dispatch cycle at Cochin Stock Exchange by making it paperless & secure |
Secure & Authenticate Online Transactions | Reduced Overhead Costs | Reduced Processing Time| More Satisfied Customer
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Cochin Stock Exchange Case Study
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The Customer |
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Cochin Stock Exchange (CSE) / Motilal Oswal is a stock trading company and member of the Bombay Stock Exchange and National Stock Exchange. As per the SEBI regulations, contract notes for all transactions done by brokers on behalf of clients should be sent to the client within 48 hours of completion of the transactions. They were looking for a solution, which would electronically sign their contract notes and email them to their respective clients. |
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The Challenge Faced by CSE
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tements of the bank or credit card account reports are sent to customers at regular intervals (monthly). Initially, the printouts of the statements were sent to the bank customers. This whole procedure was time consuming and paper intensive. The Bank decided to shift process into a pape |
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Essential features required were: |
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A Solution, which enabled electronic signing and emailing of contract notes |
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Integration with existing back office application |
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E-lock DeskSeal toolkit: The Solution |
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E-Lock developed a solution based on their DeskSeal toolkit. |
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Benefits using E-Lock DeskSeal: |
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CSE cites following Benefits using DeskSeal: |
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Using DeskSeal has effectively reduced the time required for the dispatch of contract notes |
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Overheads associated with the paper, printing and courier were saved |
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Increased staff productivity |
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About E-Lock: |
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E-Lock is a leading provider of digital signing solutions, which are compliant with worldwide
e-Signature legislation. Founded in 1997 the company is headquartered in McLean, VA. It offers desktop and web based security solutions. E-Lock products are used across
Government, Healthcare and Financial organizations around the globe.
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