3. Incorporate in 2003 by Sri Basanti Kumar
Rungta.
Leading brokerage house and member of BSE,
NSE and MCX – SX.
Poised to offer entire array of financial services.
Cutting edge technologies enabled the company to
offer efficient and faultless customer services.
Successful role in client's wealth creation.
4.
5. Help to optimize management of financial
and
operational resources, integrate and
streamline
operations and improve customer service for
a
competitive edge.
Existing system inadequate for larger and
complex business scenario.
6.
7.
8. Stage
Process Analysis
Product Analysis
Competitive Analysis
Strategic Analysis
AS – IS
Client dissatisfaction.
Inefficient Pay in And Pay out
Low financial volume turnover.
Single range of product.
Reductions in training volume.
Lack of innovations.
Hierarchical Organizational Structure.
Programmes ran in isolation.
9. Stage
Process Analysis
Product Analysis
Competitive Analysis
Strategic Analysis
TO – BE
Efficient Process leading to Client Satisfaction.
Need for Efficient Pay in And Pay Out.
Increase financial volume turnover.
Comprehensive mix of product.
Implementing latest technology.
One Integrated system.
Design and develop client centric,
decentralized.
Rebuild Programmes.
10. Selecting and implementing a new ERP system
and the process changes that goes with it is,
unquestionably a complex undertaking.
Vasanti Share Broker Ltd considered all four
phases of transition strategies – Big Bang,
Phased, Parallel, Process Time.
11.
12. Speed: Estimated time for ERP Implementation 16 Man Week.
Resources: People, hardware/software systems, technical support and
consultants were put in place.
Risk: Measured on following factors :
User acceptance
ROI
Time for implementation etc.
13. Complexity: Less complex. Presence of 25 Branches.
Benefits:Increase in customer satisfaction
Improved brand image
Increase in number of clients
Efficient Pay In and Pay Out Etc
Goodwill
Faster trading system
Faster problem resolution.
14. End User Training
Going Live
Testing
Implementation Team Training
Customization
Project Planning Phase
Package Revaluation
Pre evaluation screening
15. Roles and Responsibilites of
Stakeholders
EXTERNAL STAKEHOLDERS
INTERNAL STAKEHOLDERS
Management
Employees
Promoters
Clients
Vendors
Banks
Spot Exchange
16. Cost: Less reserves more hindrance.
Convincing People: Acceptance from
"People"
end.
Techno Stress: Change faster than accepted.
Need and Requirements: Clash of opinions
and
no clarity over the core business, IT Processes
and firm positioning.
17. Incompetency: Unawareness of technical
Know-Hows.
Resistance to Change: Intergation of
different
modules into one single ERP, would get
difficult
to change from manual legacy to ERP.
19. Defined as set of hardware, software,
network,
facilities etc in order to develop, test,
deliver,
monitor, control and support IT services.
Network and Servers – Critical Path at
Vasanti
Share Brokers Ltd.
20. Wide area communication connected through
100MBPS Leased Lines.
Isdn Lines, INET and Internet connectivity back
up the wanlinks.
Server: Windows 2005 server X 64 bits.
Backend (Database): SQL Server 2005 X
64 bits, Text Formatted Files.
Network: Intranet, LAN/WAN connectivity for all
the employees.
Facilities: Office, Dealing room, Back office.
21.
22. •Reputation in the market place.
• Unique, stable and scalable business Model.
STRENGTH
• Electronic matching and paperless security.
• Centralized operations, effective risk management and contol
on large interconnected operations spanning multiple locations.
• Multiple engines of growth – an integrated financial services
platform.
• Lack of visible goodwill among minor players.
WEAKNESS
• Lack of trust on company by clients.
• Weak Infrastructural facilities.
OPPORTUNITIES
• Structure of the firm, market size and growth rate is a huge
potential.
• Can streamline and integrate mainline operations more
efficiently.
• Alternate forms of investments act as substitutes to brokerage
firms and enterprise solutions.
23. Alignment of the standard ERP processes
with the company's business
process has been considered as an
important step in the ERP implementation
process. The ERP solution primary value
proposition – simple to use, practical
to deploy and affordable to all contributed
to the success of the subject.
24. FUTURE SCOPE:
competition is cut through and as time passes the need for latest client/server ERP
systems will continue to drive growth
The company looks forwards for the following scope in ERP
Easier Customization Tools
Application Platforms
Need Based Applications
Less Expensive Technology in the broking Firm related ERP solutions
Reduction In Implementation Time.
More Open source, Web Enabled And Wireless Technologies.