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MyOperator launches new product for brokers to become SEBI compliant

ANI  |  New Delhi [India] 

A telephony startup MyOperator has launched a new product for stock brokers to become compliant within 15 minutes without any hardware and software installation.

MyOperator will provide its key of call recording and SMS documentation to stockbrokers.

To prevent unauthorized trading activities, markets regulator Securities and Exchange Board of (SEBI) has directed stock brokers to compulsorily keep record of orders placed by clients from January 1, 2018.

"Post decision of regulation it is imperative for stockbroker to get hold of solution which brings transparency in the trading process. This regulation will further bring in strength to the trading. MyOperator is the only platform that supports both the mobile and IVR recordings along with SMS documentation on the cloud," said CEO MyOperator, Ankit Jain.

"Key players in the viz. SAS Online, SIC Stocks and Services, Clues, Trustline Commodities are already using MyOperator," he added.

There are over 35 thousand stockbrokers and sub stock brokers in

By deploying MyOperator, efficiency among the stockbrokers will increase to manage and handle calls during peak trading hours.

MyOperator will serve as public telephony to stockbrokers and will ensure to provide data security with strict administration rights to archive data.

It allows users to set up IVR systems, re-marketing, call routing and access to daily call reports.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, November 07 2017. 12:42 IST