E-Lock DeskSeal reduced the dispatch cycle at Cochin Stock Exchange by making it paperless & secure

Secure Online Transactions | Reduced Processing Time| Customer Loyalty

Cochin Stock Exchange, Case Study

Customer Profile:

Cochin Stock Exchange (CSE) / Motilal Oswal is a stock trading company and member of the Bombay Stock Exchange and National Stock Exchange.

Business Challenge:

As per the SEBI regulations, it is essential for brokers to send contract note for all transactions on behalf of client within 48 hours of transaction completion. CSE was looking for a solution to electronically sign the contract notes and email them to the respective clients.

Solution requirements:

• An ability to e-sign contract notes
• Integration with existing back office application

E-Lock Solution:

E-Lock developed a solution based on their DeskSeal toolkit.

Benefits:

• Reduced time to dispatch contract notes
• Overheads associated with the paper, printing and courier were saved
• Increased staff productivity
  

About E-Lock:

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.