- Zicuro Technologies will help MSEI in the implementation and maintenance of the MSE Investor Complaint Redressal Module and Arbitration proceedings.
- Zicuro has also created Mobile Application for the exchange both in Android and IOS Platform.
- Zicuro is the Fintech Company promoted by Mr. Abhishek Bansal, Founder of Abans Holdings Limited. It is a Financial Services Conglomerate, Listed on both NSE & BSE.
March 03, 2023: Zicuro Technologies Private Limited has been selected as the technology partner by the Metropolitan Stock Exchange of India (MSEI). This partnership will help MSEI to provide more efficient and effective services to its clients.
Zicuro Technologies will help MSEI in the implementation and maintenance of the MSE Investor Complaint Redressal Module. This module facilitates the resolution of complaints of investors (clients) against the members and listed companies, as well as tackling arbitration proceedings under Exchange’s Arbitration Framework. The technology solution provided by Zicuro Technologies supports trade file processing and reconciliation with confirmed give-up trade data, securities settlement for confirmed trades, and generation of a file for uploading in the banking system. Additionally, it provides a corporate actions module for managing monetary and non-monetary corporate actions, parameterized billing for providing custodial services, and client-level reporting on net holding report, corporate actions accruals, overdues, and collections.
Commenting on the partnership, Mr. Abhishek Bansal, promoter of Zicuro and also founder of Abans Holdings Ltd (NSE: AHL) said, “We have strong platform for Handling Front office, Back office operations for Trading Members, Depository Participants, Professional Clearing Members as well as Custodian. With becoming technology partner to MSEI, we are now well poised to render technology solution to exchanges. We are delighted to partner with MSEI and provide them with our technology solution. Our expertise in Fintech solutions will help MSEI to provide a seamless experience to its clients and enhance the overall efficiency of its operations. We look forward to a long and fruitful partnership with MSEI.”
Zicuro Technologies is a software development company that has expertise in providing Fintech solutions. It has developed various software products that cater to the requirements of different market participants across various IT platforms. Its products include PCM clearing software, Custodial Clearing & Settlement software, E-KYC (for Digital Client onboarding), Trading cum RMS System, Broking back office software, CDSL DP software, and NBFCs software.
MSEI is a recognized stock exchange that provides a platform for trading in equities, currencies, and derivatives. It has recently launched a mobile application that provides real-time information of stocks/contracts traded in MSE in a well-organized manner. The application supports both Android and iOS platforms.
About Zicuro Technologies Private Limited
Zicuro Technologies Private Limited is the Fintech arm of Abans group which has business interests in Financial Services, Fintech, Bullion, Pharma, Real Estate, Commodities Trading, Asset Management and NBFC across India, UK, UAE and Mauritius. The term “Zicuro” is derived from the Latin word ‘sicuro’, which means ‘secure’. Zicuro aims to provide secure and reliable software solutions for the financial sector. For more information, visit www.zicuro.com.
