SEBI has ruled that ANY account opened with ANY Capital Market intermediary shall be registered with a KRA, either NDML or CVL
Af te r d o in g KY C o f n e w c lie n ts , th e in te rme d ia rys h a ll u p lo a d th e KY C in f o rm a tio n o n th e KRA s y s te ma n d s e n d th e KY C d o c u me n ts to th e KRA in 10 d a y s
The KRA system shall be applicable for all NEW client accountsopened from 1 Jan 2012.For client accounts opened between 1-31 Jan 2012, theintermediaries may upload the KYC data on the KRA system andsend the relevant KYC documents to KRA, by 15 Feb 2012.However, for client accounts opened from 1 Feb, 2011, theintermediaries shall follow the New SEBI requirementExisting clients can continue to trade / invest/ deal with theirintermediaries as per the current practice.
CM C L td . h a s a n n o u nce d th a t is re a d y w ith a KRA B a c k O f f ice s o f twa re s o lu tio n
WHAT DOES CMC-KRA DO ?KRA Account OpeningImport DeMAT AccountsManage DocumentsTrack DocumentsModifying KYC DetailsBilling ReconciliationAnalyticsInterface
WHAT DOES CMC-KRA DO ?KRA Account Opening KYC InwardImport DeMAT Accounts Capturing SEBI mandated KYC detailsManage Documents Exporting KYC data to CVLTrack Documents in BatchesModifying KYC Details Import of CVL ResponseBilling Reconciliation Data correction for errors Re upload of correctedAnalytics records to CVLInterface Maker-Checker facility
WHAT DOES CMC-KRA DO ?KRA Account Opening Import of CDSL Back-OfficeImport DeMAT Accounts masterManage Documents Import of NSDL client masterTrack Documents Mapping of DP data withModifying KYC Details KRA dataBilling Reconciliation Capturing the additional KRA detailsAnalytics Maker-CheckerInterface
WHAT DOES CMC-KRA DO ?KRA Account Opening Scanning of KYC forms,Import DeMAT Accounts PAN card, Address proof, etc.Manage Documents Encryption and Archival ofTrack Documents the scanned documentsModifying KYC Details Document retrieval for verificationBilling ReconciliationAnalyticsInterface
WHAT DOES CMC-KRA DO ?KRA Account Opening Despatch of KYC forms andImport DeMAT Accounts other documents to CVL with dispatch idManage Documents Auto generation of coveringTrack Documents letter for CVLModifying KYC Details Update proof of deliveryBilling Reconciliation (POD) Follow up letter to CVLAnalytics Rejection handling andInterface intimating the customer
WHAT DOES CMC-KRA DO ?KRA Account Opening Inward of change requestImport DeMAT Accounts Capturing the change in KYC detailsManage Documents Uploading the changes toTrack Documents CVLModifying KYC Details Importing the responseBilling Reconciliation from CVL EOD file import for KYCAnalytics changesInterface
WHAT DOES CMC-KRA DO ?KRA Account Opening Track cash collectedImport DeMAT Accounts Upload KRA charges in DP and Broker back office forManage Documents billingTrack Documents Reconciliation of the billingModifying KYC Details details with CVL InvoiceBilling ReconciliationAnalyticsInterface
WHAT DOES CMC-KRA DO ?KRA Account Opening KYC InwardImport DeMAT Accounts KYC Processed KYC RejectedManage Documents KYC CompletedTrack DocumentsModifying KYC DetailsBilling ReconciliationAnalyticsInterface
WHAT DOES CMC-KRA DO ?KRA Account Opening Online, with DpSecure andImport DeMAT Accounts BroSecure (CMC’s back office solutions)Manage Documents XML, for other back-officeTrack Documents Offline:Modifying KYC Details NSDL and CDSL formatsBilling Reconciliation BSE and NSE formatsAnalyticsInterface
CMC has the complete solutions suite for the Capital Market NSE/BSE ITES Services F&O DP Central Processing MCX/NCDEX ? Other Generic HR & Payroll on-cloud :: Also On-cloud Email Scrubbing* Financial Planning powered by OMNIMaxTM. OMNIMax is the trademark of Omnimax Software Ltd., New Zealand
Delivery Options On-Premise solution installed on your premises Hosted Solution owned by you; We host and manage it dedicatedly for you in a data centre with the infrastructure on rental On-Cloud «« Benefits Pay-As-You-Go 1. No capex 2. Failover and DR available 3. Pay only for what you use
The CMC Edge + Safety Factor No other company offers ALL the solutions Complete Back-Office suite on SINGLE platform On-premise, Hosted and On-Cloud models Managed Services offered
A copy of the SEBI Circular may be obtained by sending a mail to CMC Ltd.
CMC… is India’s oldest and most experienced IT solutions and service provider to Stock Exchanges, Banking & Financial Institutions and Insurance companies. has implemented projects of national importance • Passenger Reservation System for Indian Railways irctc; • BOLT an online -trading system for Bombay Stock Exchange • Depository System for CDSL. is Part of the Tata Group
Ask CMC LTD. for a copy of the SEBI CIRCULAR Send Mail to email@example.com firstname.lastname@example.org Mention “Send KRA circular” in subject line Mention ALL of the following contact details: Name Click icon to send mail Company Designation City Phone (Board + Extension) Email (company email id)
to discuss your requirement Call Ravi 8080274490 : email@example.com : cmcltd.com/products/wealthplanned.htm : wealthplanned! : @wealthplanned Thank you for seeing this presentationWealthPlanned! is the trademark of CMC Ltd., IndiaFinancial Planning powered by OMNIMaxTM. OMNIMax is the trademark of Omnimax Software Ltd., New Zealand.
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