A paradigm shifts in the Indian stock market with the introduction of derivative, lending products, algo products and maturing of the Depository systems has seen an exponential increase in transactional volume since 2001.
Visualizing these bottle neck and show stopper at the early stage and taking cognizance of the fast changing market and IT scenario, we at Comtek in early 2010 embarked on a bold and marathon task of re-creating the entire application using latest .NET platform & MsSQL 2008 R2 and above whereby fully utilizing the power of the latest IT infrastructure.
After about 4 years of extensive hard work with in depth study of the market, in July, 2014, Comtek commercially launched .NET version iBeatsEBS (Enterprise Broking Solution) product suite. It comprises of back office software for Multi segments / exchange Trading Members, DP & Clearing Members, KYC, eSign and Digital signing solutions catering to the requirements of large corporate broking houses.
In July 2014, Edelweiss Business House (Retail & Clearing Member Back office) went fully live on iBeatsEBS with a merged entity and all the iBeatsEBS products having large number of retail / HNI customer base, Branches and complex business requirements. The positive results were immediately noticed within a short span. It has shown significant results, lowering the TCO (total cost of ownership) in terms of increasing operational accuracy, efficiency, quality and performance. Overall efficiency increased by 60%, thereby decreasing the cost of operation. Timely and Quality outputs have led to enhance customer satisfaction.
Be a leading company for application software on our inherent skills, with Dedication, Integrity, and Ethics, to empower Customers deploying our products & solutions to scale new heights using information technology.
1. Average cost of operations for voluminous transactional business (includes IT Infra, Man power) reduced to 30% to 40%.
2. Based on Live and proven track record, there is a significant increase in operational efficiency.
3. Single KYC across various iBeatsEBS asset class, thereby avoiding duplication of data and resources to enter the same. This also removes erroneous data entered across various asset class.
4. Bizmail which is a unique business emailing & document signing solution that enables the seamless and secured flow of information in electronic form using digital certificates. This will save AMC cost of various vendor products in use.
5. Unlimited Browser license for Branch / Remisser / Clients. This will save Capex & AMC cost.
1. Highly scalable & versatile database architecture handling voluminous data and complex business processes
2. Built on Microsoft .NET framework & SQL database Server.
3. Display engine supports familiar Excel like interface, drill down, Sorting, Excel Export, Filtering, Resizing Columns, Freezing Columns.
4. Report engine delivers report in PDF, Excel with facility to categorise Reports.
5. Process engine takes care of high-speed data processing with minimum user intervention.
6. Web components supports all industry standard browsers like Internet Explorer, Google Chrome, Safari, Mozilla Firefox.