Stock Broking

Robotic Automation Process

About the Customer

Angel Broking, an Indian stock brokerage firm established in 1987, is a leading Indian stock brokerage company having a significant market share in the cash and commodity segment, provider of online trading platform for share investors. The company is a member of the Bombay Stock Exchange, National Stock Exchange of India, National Commodity & Derivatives Exchange Limited and Multi Commodity Exchange of India Limited.

Problem Statement

  • The client was looking for a service provider who can automate some of the internal processes which were done manually:
  • Auto recovery of Sub-broker fees.
  • Autogenerate of month-wise Franchise & Brokerage Calculation.
  • Intimation of Corporate Action and Buyback announcement to investors via email and SMS.

Solutions Delivered

  • After analyzing requirements, it was decided to use MVC ASP .NET to interact with SQL Server using ADO.Net and develop various portals and console applications.
  • Tools and technologies used: SQL SERVER 2012, VS 2015, MVC 5, ADO .NET
  • Successfully developed several modules for the existing product and few console applications to be deployed to the existing server.
  • Developed portal having dashboard, logs, and modules to upload and evaluate billing details.
  • The solution comprised of different automation tools to recover sub-broker fees and tracking unbilled users list, to be communicated to concerned departments for recovery action.
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