Something about ESSCom

Concerned about complying with SEBI's new insider trading regulations and recent amendments?

How confident are you of your "Insider Trading Compliance System-in-place"?

The rising number of insider trading violations, as well as the thousands of crores in penalties levied by SEBI for non-compliance with Insider Trading Regulations, are driving companies to become more proactive and cautious in their Insider Trading procedures.

The SEBI's (PIT) Regulations, 2015 suggest that you should take a second look.

Dolphin launched largest selling web based solution ESSCom-"Employee Self Service Module for Compliance" on SEBI (PIT) Regulations.

ESSCom is a software for insider trading compliance which gives you an Automated solution to Centrally manage & track compliance related to Prohibition of Insider Trading. It helps the Compliance Officer to manage, track & comply on all compliances pertaining to SEBI Insider Trading Compliance. It also records UPSI in tamperproof

Structured Digital Database

with date and time stamp.The Compliance Officer can easily set up its Model Code of Conduct, announce opening and closing of trading windows, provide pre-clearance approvals based on prescribed limits over emails or from the system, capture trade details and also initial and periodic holdings of insiders. This helps the Compliance Officer to generate all reports and relevant forms in single click.

ESSCom is the best Insider Trading Compliance system which not only provides you standard features like UPSI Deceleration in Structured Digital Database, System Driven Disclosure, Disclosures like Initial, Continual & Periodical, Pre-Clearance request & approval/rejection, the system is designed to be reconcile trade reporting with your BENPOS file to find Non-Compliance trades.

With our simple prohibition of insider trading solution, you can keep your compliance team informed and prevent the risk of market abuse. Using insider lists, keep track of which insiders have material and non-public information, and compare employee trades to high-impact market activity.

Some of the best features

Tamperproof Structured Digital Database with data and time stamp

Recording of Name, PAN, EmailID and other requisite details of the persons who have shared UPSI and with whom UPSI has shared.

Details of the nature and purpose of UPSI shared and trailed of UPSI sharing.

Web-based platform to Insider self-deceleration of forms/disclosures

Insider can login to the portal and declare his/her immediate relatives, Past Employers, Education Details, Materials Financial Relationship.

Insider can also place pre-clearance request and disclose his/her trade details, initial disclosure, continual disclosure and periodical disclosure.

NSDL and CDSL BENPOS reconciliation with insider reporting

Operational users can import weekly benpose received from NSDL and CDSL and compare weekly holding balance with insider reporting.

An option to send intimation email to insiders for their mismatch in reporting as per latest benpos.

Trading Window Closure definition and Email alerts to all insiders

Application has option to define trade window closure and send intimation/alert email to all the insiders to inform about a period where trading is restricted.

Application has inbuilt validation engine to identify violation if any trade executed and reported in trade window closure period.

User-Defined option to define of Model Code of Conduct

Define Pre-Clearance limit and validity period.

Define Contra-Trade period.

Define Continual Disclosure limit.

Define Periodical Disclosure frequency.

Recording of all insider trading violations prescribed by SEBI

Application records contra-trade, continual disclosure late submission, traded in closure window, traded when possession of UPSI and traded without pre-clearance.

Operational users can record action taken again each violation such as issued warning letter, issued show-cause notice, etc.

Violation reporting as per SEBI, NSE and BSE formats.

Pre-clearance Request, Approval/Rejection, and Confirmation

A complete pre-clearance cycle from pre-clearance request, pre-clearance validation, pre-clearance approval/rejection and trade confirmation against pre-clearance(execution/non execution).

Auto generation of continual disclosure against pre-clearance trade confirmation if it exceed threshold limit.

Manual or Auto pre-clearance approval mode.

System Driven Disclosure as per SEBI Regulation 7(2)

Operational users can import data like list of insiders, their immediate relatives, past employers and Education details.

An option to import Esop, FPO, Right issue allotment and company's stock rate.

Automated and Manual Email alerts and notifications

Automated Email alerts and notification like violations, pre-clearance approval, trade confirmation reminders, trade window closure.

Manual Email alerts and non submission of initial, continual, periodic disclosures. Holding mismatch, Invalid trade rate, pre-clearance approval falls in trade window closure.

Comprehensive MIS, General and Exception reports in excel format

MIS reports such as List of Insiders and their declared information such as immediate relatives, past employers, education details, Material Financial Relation, Trade Details, etc.

General reports such as insider who have submitted their initial, continual, periodic disclose.

Exception reports such as insider who have not submitted their initial, continual, periodic disclose.

Complete audit trails and logs for auditing and investigation

Application records all audit trails like activity events, Email events and SMS events.

Application maintains all error logs arises in functional operations.

Software for Prohibition of Insider Trading

Customizable Email templates, FAQ, Page-Footer, Annoucements

Flexible option to customize all email correspondence drafts, FAQs, Annoucements and Page Footers.

An option to upload documents such as Model code of conducts, User-guides, blank forms and disclosure in PDF format.

Bulk data import and export option in standard excel format

Operational users can import data like list of insiders, their immediate relatives, past employers and Education details.

An option to import Esop, FPO, Right issue allotment and company's stock rate.

All reports in excel format.

Tamperproof Structured Digital Database of UPSI

Data Encryption, Authentication, Autherization, Access Rights

AES-256 bits encryption in UPSI data.

Intergration with company's Single Sign-On (SSO) authentication.

Role-based access control allows access to content only to authorized users.

The application's administrators have tight control over the creation of new users.

Disallow concurrent login and automatic session timeout.

Add-On Modules PIT Awareness, Exit Disclosure, Violation and SMS

An Awareness Module where QUIZ, Questionnaire and awareness video can be set.

A module where company can take insider's personal information like Address, Mobile No., Phone No. and EmailID at the time of separation from the organization.

An option to insider to report violation uncaught by Application due to incorrect/non reporting of details.

Application can be integrated with SMS gateway for sending alerts and notification via SMS.

Why you should choose ESSCom?

Cost Effective solution & customer centric. SEBI Regulation and Amendment

Up to date with SEBI PIT Regulation. unpublished price sensitive information sebi

Secure and Tamperproof Structured Digital Database software for Insider Trading prevention

Focus on prevention rather than punishment. Insider Trading disclosure software

Self Declaration in electronic forms & disclosures. Insider Trading application

Centralize & common platform for all users SEBI Software

CDSL / NSDL Benpos reco with insider reporting Application for Insider Trading

Statutory reports for SEBI, NSE, BSE, NSDL & CDSL.

Auto / Manual pre-clearance approval and rejection SEBI PIT Emails

User defined and customizable Email templates Insider Trading activities

Complete audit trails and logs of activities Safe Insider Trading application

VAPT compliant

Dolphin places a strong emphasis on not only customer satisfaction but also on customer delight. We provide top class solution and best class support at a cost that is not just competitive but also unbeatable.

Dolphin is committed to keeping our ESSCom application up to date with the most recent regulations and amendments so that users are aware of current state requirements and ensure fulfillment of the compliance.

As per SEBI Regulation 3(5) - Structured digital database, We maintain all Un-Published Price Senstitive Information (UPSI) with adequate internal controls and checks such as time stamping and audit trails to ensure non-tampering of the database. This information can be retained for as long as the company desires.

Instead than punishing insiders for violations, we want to prevent them from happening in the first place. Hence, We've created an ESSCom application that allows operational users to take proactive measures to prevent insiders from violating the company's code of conduct and PIT regulations.

With entire revamp in SEBI (Prohibition of Insider Trading) Regulations, 2015, now onus at the insider and he/she must follow the law via way of means of disclosing all of the statistics sought via way of means of SEBI. In the absence of system in place and manual management, insider have been not able to meet the disclosures and didn't follow the compliance. ESSCom is a system wherein insider can disclose all of the information soght via way of means of SEBI via way of means of his/her very own and make sure the compliance.

ESSCom is a web-based application and it can be hosted in central place along with databases so that it can be accessible from any where over internet or intranet. It is a common platform where insiders and compliance team can synced with all the activities

A full fledge holding balance reconciliation module to track change in holding basis on the beneficiery holding file of the NSDL and CDSL. Operational user can import weekly benpos received from company's RTA or from NSDL/CDSL directly in the ESSCom application and reconcile weekly holding balance and identify such cases where holding is not matching as per insider's reporting. A reminder email can also be sent to intimate about holding discrepancy and further updation. Successful implementation of this module shall take care all major compliances

ESSCom provides you all statutory forms/disclosure/reports in its format as per SEBI or/and Company's Model Code of Conduct such as System Driver Disclosure (under Regulation 7(2) of PIT Regulations) to CDSL/NSDL, Continual Disclosure as per SEBI/NSE/BSE, Initial Disclosure, Reporting of violations under SEBI (Prohibition of Insider Trading) Regulations, 2015 In terms of Clause 13 of Schedule B (in case of listed companies) and Clause 11 of Schedule C, Pre-Clearance, Annual Disclosure, ETC. ESSCom also provide variety of other reports for MIS purpose

ESSCom has beautiful inbuid validation engine for pre-clearance request such as pre-clearance request falls in closure window, proposed transaction contravene contra-trade, Insider is possession of UPSI, Sufficient quantity available for sale and pre-clearance applicability as per company's Model Code of Conduct. System shall prevent to take pre-clearance if validation not passed its request. Company can opt for automatic or manual pre-clearance approval model

All email templates are completely user defined and user can configure/customized any email draft as per operational requirements. Minimal or No depedency on vendor for such simply manageable task. Operational users have full control on Email drafts

ESSCom application maintain all audit trails and logs for activities, email correspondence and errors as well. All audit trails and logs can be exported in excel format for purpose like audit or investigation.

We follow best practices to keep our software safe and secure from unauthorized access. Which helps the application to run in secure environment.

Our Clients

270+ Clients in all domains

1300+ Business Users

22000+ Application Users

Insider Trading Software application for bank

Banking

Insurance

Finance

Insider Trading Software application for IT company

IT

FMCG

Pharma

Automobiles

Insider Trading Software application for MNC

MNCs

Insider Trading Software application for company

Manufacturing

Investment

HealthCare

Insider Trading Software application for hotel industry

Hospitality

Request a Demo

We don't share your information with anyone

Contact for a Demo

Mr. Srinivasan S : +91-9892433059 / +91-9820303808
contact for SEBI PIT software application

Mr. Rajan Tonape : +91-9930125645 / +91-7977103176

Dolphin Infotek (P) Ltd.

205, 2nd Floor, Damodar Niwas,
B-Cabin, Station Road, Shivaji Nagar,
Thane West – 400602
contact for Insider Trading software application

022-25403052 / 022-24313052 / +91-7021015072 / +91-7021090691
email for Insider Trading software application

mumbai@dolphininfotek.in
application software for sebi insider trading

www.dolphininfotek.co.in

FAQs

How much ESSCom software will cost?

Currently we have cloud model and on-premises model and add-on modules like Employee Awareness module, SMS Module, Only UPSI Module.
The pricing of software is determined by the model and module you desire to acquire. However, on the other hand, our pricing is the most competitive in the industry.

What is the infrastructure required to run the software?

Your usability determines the infrastructure.

The best aspect is that if this application is only going to be used by one person, you can install it on your local computer or laptop it means required no or minimal infrastructure.
For Multi-Users, application should be installed on a webserver and infrastructure with the following minimal setup should be in place.
Microsoft’s Windows server 2016 or above (VM is supported) & MS-SQL Server 2014 or above (Express Edition is supported)

What is implementation timeline?

ESSCom is a Commercial-Off-the-Shelf product that can be installed in a day if the company's infrastructure team is ready with the infra setup, and it can be GO LIVE in 7 working days.
The availability of end users, the readiness of input files, communication/correspondence on application concerns and doubts, UAT, and any changes sought in the application should all be taken into account.

What and whom training will be provided for using ESSCom?

One-Time comprehensive training will be provided to business users (Compliance Team) on ESSCom functionality and its usage. Dolphin shall also provide standard user manuals of the ESSCom for easiness.
Existing trained user should train new team member. Charges may be applicable for repeatative training.

How do you help and support?

We provide online support over Email, Phone and remote applications like Teams, WebEx, Zoom, and Etc. under AMC.

What is covered under AMC?

A regular functional support (Not Operational), statutory changes and bug fixes and techinical assistance limited to ESSCom application.

Is ESSCom up to date on all of SEBI's recent regulatory amendment on prohibition of insider trading?

YES, we are commited to provide a up to date solution to all our users.

What safeguards do you have in place to ensure that Dolphin Infotek does not have access to my information?

We as Dolphin Infotek and any members of Dolphin Infotek do not maintain any direct access to the Application, Databases or/and Infrastructure.

Can ESSCom be integrated with Single Sign-On (SSO)?

ESSCom support Single Sign-On (SSO) with LDAP protocol in default. It can be integrated with different protocol with feasibility check on chargeable basis.

How will ESSCom DEMO be arranged and what will be the charges?