Depository Participant services are one of the products The main function of this subsystem is to capture and maintain the master data that represents the Broker’s non-transactional data. This subsystem consists of the Enterprise Administration terminal and the associated backend online and batch process that maintain this data.
The non-transactional data maintained by the system can be broadly classified as,
Online Cash Transfers by Investors via Payment Gateways
Account to Account, NEFT and RTGS transfers for payouts such as Client Withdrawals and Fund house payments etc.
Automatic and Manual Reconciliation with Bank Statements for transfers, payments and cheques issued
Cheque Payments and Reconciliation via CMS
Integration with External DP’S
GO TX maintains a database of DPs, that captures all the relevant data required to communicate with the DPs.
GO TX has the capability for end-to-end integration with DPs for all the following business areas,
Lien-marking and
release and transfer of stocks
Reconciliation
GO TX supports both CDSL and NSDL interfaces, and presently supports HDFC Securities and Bank of Rajasthan DPs.
Direct Payment Gateway interfaces supported include,
AXIS Bank
Bank Of Rajasthan
HDFC Bank
IDBI Bank
ICICI Bank
Banks available for cash transfer via Tech Process include,
