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Custodial Services
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SHCIL provides first-rate custodial services to India’s leading Financial Institutions, Insurance Companies, Mutual Funds, Foreign Institutional Investors (FII’s), Banks, Indian and Foreign Venture Capital Companies, Funds, PF Trusts & Corporates.
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Clearing & Settlement Services (Cash Segment)
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Smooth Straight Through Processing (STP) systems with a choice of two reputed service providers, enabling the competitive advantage of efficient settlements. |
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Seamless monitoring and constant updates on failed trades and status (T+2 basis)
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Daily verification of settlements (Normal/Auction), thus mitigating systemic risks.
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Efficient fund transfer facilities offering flexibility of settlement of funds through wide panel of banks having RTGS (Real Time Gross Settlement) capabilities.
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Effortless handling of residual trades in physical mode, since it has the necessary infrastructure in place. |
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Electronic & Physical Safekeeping Services
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Operations on both Depositories, National Securities Depository Limited & Central Securities Depository Limited, manned by qualified, certified & experienced staff, complemented by cutting-edge back-office processes
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Comprehensive document tracking & storage systems that enable the instant tracking and status of any investments in physical custody.
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SHCIL offers clients
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Customized reporting (delivery by paper & electronic media) to provide maximum value for clients
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Daily Saleable Holding Report provided before market hours to facilitate trading.
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Timely Put/Call Intimations
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Forecast of redemptions and corporate actions.
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Premium Offerings
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Online reporting / web - based of market information
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New Issue services i.e. handling IPO applications, allotments, open offers, buy-backs, ADR/GDR, etc..
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Corporate Actions viz. Calculation of entitlements, benefit collections, Cheque/Warrant deposits, reconciliation and follow-ups.
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web-delivery
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Daily trades reports, mark-to-market profit/loss reports, collateral margin reports, account statements, outstanding position reports, span margins requirement report, and any other relevant reports.
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Technology
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SHCIL has a dedicated in-house information technology support, which has won laurels from the Smithsonian Institute, Washington and the Computer Society of India for innovative use of technology. SHCIL uses leased lines, V-SATS (Very Small Aperture Terminals), Dial-up modems, Multi Protocol Label Systems, Fibre-optics and Radio links to ensure redundant connectivity to clients, stock exchanges and depositories, besides maintaining a ‘hot-site disaster recovery’ using mirroring of data. The technology used ensures that high volume time critical transactions are handled within a secured environment, with a zero error approach towards delivery of products and services and a single window view of business. The sizable (over 1.2 terabytes) Oracle database is efficiently managed in a secure environment using adequate Network Security (Firewall, Proxy, Intrusion Detection Systems, Intrusion Prevention Systems) while the Internet products have built in PKI features.
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Vaults
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High security Vaults (complying with the requirements of the Securities and Exchange Board of India) use state-of-the-art technology, closed-circuit T. V. using hidden cameras, motion detectors, access controls and a full-time security staff. Certificates are held in customized, fire resistant ‘Modular Sliding Storage Units’, with automated location tracking using bar codes and audit trail. |
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Personnel
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SHCIL has a dedicated in-house information technology support, which has won laurels from the Smithsonian Institute, Washington and the Computer Society of India for innovative use of technology. SHCIL uses leased lines, V-SATS (Very Small Aperture Terminals), Dial-up modems, Multi Protocol Label Systems, Fibre-optics and Radio links to ensure redundant connectivity to clients, stock exchanges and depositories, besides maintaining a ‘hot-site disaster recovery’ using mirroring of data. The technology used ensures that high volume time critical transactions are handled within a secured environment, with a zero error approach towards delivery of products and services and a single window view of business. The sizable (over 1.2 terabytes) Oracle database is efficiently managed in a secure environment using adequate Network Security (Firewall, Proxy, Intrusion Detection Systems, Intrusion Prevention Systems) while the Internet products have built in PKI features.
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Asset Servicing
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A dedicated Corporate Actions team to ensure the timely forecast of all corporate actions & benefits accruing on client holdings
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The handling of all instrument types listed on both exchanges Bombay Stock Exchange & National Stock Exchange, money market instruments (CPs & CDs), debt instruments PTC’s (Pass through certificates) and even unlisted securities
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An exhaustive cross-country database of Corporate Events, Book Closures, R&T Agents, Depositories, Stock Exchanges as well as other industry-related information assiduously built up by continuous tracking of Company, Exchange & Depository announcements, using live feeds.
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Clearing Services (Futures and Options segment)
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SHCIL is a Clearing Member on the Futures and Options segment of both National Stock Exchange and Bombay Stock Exchange, offerings,
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Clearing: Computing obligations of trading Members i.e. determining positions to settle.
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Settlement: Performing actual settlement
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Collateral Management: Strictly adheres to specifications with efficient mechanisms for total collateral management
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Risk Management: Total confidentiality of client’s trading operations; monitoring positions on a continuous basis.
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Reports relating to the trading and settlement provided through
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