A robust, secure and straight-through-settlement processing platform providing online trading member interface between fund houses, custodians and brokers, based on ISO-15022 messages. It provides secure connectivity to STP market participants, along with online status and message flow.
STP-Gate offers messaging solutions for equity, derivatives and debt segment.
STP-Gate has an elite clientele comprising over 175 Investment Managers, over 375 Trading Members and all the leading custodians in India as well as a few FIIs.
Enables flow of contract note and related
messages between the brokers, fund houses and
custodians in Standard ISO-15022 electronic
Facilitates online status monitoring at all stages e.g. confirmations/ rejections/ accept/
give-up by the counterparties
Enables to upload and download contract notes along with trade details, broker acknowledgments, settlement instructions and reconciliation
Facilitates authentication of messages with the help of digital certificates
Enables creation of multiple users and allows:
Adding and modifying of users
Assigning rights to the users
Ensures availability of data online thus saving the effort of manually keying it into a third party software
Enables view of -
User-wise logs of files uploaded/ downloaded
History details based on the status
Various activities performed
Entities that are online
Counter for the number of specific file downloads
Risk Mitigation and Reduced Process Time
Online status update and information availability leading to reduced process time and risk in comparison to the scenario, where clients would have to call each other to confirm obligation status
Seamless flow of information in electronic format and use of digital signatures resulting in increased automation and efficient operations
Implementation of standardised multiple messaging formats and software in a centralised hub leads to immense time and cost advantage for end-clients.
Complete and Secure Connectivity
Continuous connectivity among the different entities allows real-time message flow under a 128 bit SSL secure network.