ABOUT US
A fast growing economy needs an equally robust financial ecosystem to back it. At StockHolding we are committed to making it happen. We were incorporated in 1986 as a Public Limited Company and are a subsidiary of IFCI Limited. Our equity capital is held by leading financial companies like LIC, GIC, IFCI Ltd., SU-UTI, NIA, NIC, UIC, and TOICL.
Since our inception, we have evolved steadily to be a financial powerhouse offering a suite of offerings which help to ease the financial planning needs of individuals. Covering short-term savings, investments in the stock market, personal & family needs, long-term security, easy loans, retirement plans and even protection for life & valuables.
Simultaneously, we brought an entire spectrum of financial products and services to help businesses grow. By simplifying depository participation, raising capital, protecting assets and life, managing documents, imparting training and bringing exciting schemes for emloyees.
That’s not all. We have pioneered Demat services in India and our e-Stamping service has made payment of Government dues hassle-free. As India’s Premier Custodian, we offer a comprehensive spread of custodial services that allow both Indian Institutional Investors and Foreign Portfolio Investors to invest in India with confidence. Little wonder then that we manage over Rs. 34 lakh crores in Assets Under Custody.
As peoples’ needs keep growing, we are ready with our enhanced efficiencies and new technology to offer world-class service that delights. Little wonder then that, we are soaring higher and happily catering to over 7.5 lakh customers, through a growing nationwide network of over 200 branches.
Our Technology
StockHolding has been conferred with the prestigious ISO/IEC 27001:2013 certification for “Data Centre and its Operations” by TUV-NORD, Germany.
ISO/IEC 27001:2013 certification for StockHolding’s Data Centre and its Operations is an assurance to customers and other stakeholders that StockHolding has benchmarked itself with the highest standards of security and due diligence in their IT systems.
This certification would help StockHolding to make its processes more effective and to provide a strong defense against risks to business assets, customer data and information security. It would also facilitate improving StockHolding’s processes as an on-going activity.
- Comprehensive business solutions adept in handling high volume time critical transactions within a secured environment.
- Zero error approach towards delivery of products and services
- Single window view of business and up-to date information.
- Oracle database currently of 1.2 Terabytes size (and growing) managed by competent IT personnel with domain expertise.
- Data mirroring using cluster technology and fibre optic connection as part of Disaster Management Plan.
- Network Security using Firewall, Proxy, Intrusion Detection System(IDS) and Intrusion Prevention System (IPS)
- Internet products with built in PKI features.
- Dedicated communication channels with built-in redundancies in connectivity to Client Institutions, Stock Exchanges, Clearing houses and Depositories.
Accolades & Certification
- Citation and Medal from Smithsonian Institute, Washington D.C, U.S.A. for ” Visionary and Innovative use of Technology in Finance, Insurance and Real Estate”. First South Asian Corporate to receive this.
- Computer Society of India Award for best IT usage in the Country.
- Our software processes have been assessed at SEI CMM Level 3.
- Accepted industry leader and pioneer in Custodial Systems.
Our Credentials
StockHolding, apart from being the country’s premier Custodian and Depository Participant, StockHolding is also the largest Professional Clearing Member; backed by an immense capacity to process volumes with precision. To give an idea of our capability, every year we process around 40% of transactions on NSE & BSE and 20% of the market capitalisation of all scrips listed on BSE, in terms of value processed.
StockHolding also provides Derivatives clearing, PF fund accounting, SGL constituent account services, distribution of mutual funds and other capital market instruments, besides distribution of life and non-life insurance policies. Other offerings added to the bouquet are online net trading, loan against shares, Western Union Money Transfer & E-stamping. In the pipeline are a host of services that will complement the range of services offered by StockHolding.
Why StockHolding?
- Well integrated front and back office, paper and electronic systems. A focussed Client Relation Team to manage your needs & queries. A single point contact for your comfort.
- In-house capability to address all IT needs in terms of software development, maintenance, back office processing, database administration, network maintenance, backups and disaster recovery.
- Multilevel security is maintained in software, applications and guards to access to various data, client and internal reports.
- Expertise in running processes utilising digital signatures.
- Regular Audits internal and external, by SEBI, Depositories, Clients and compliance to rules and regulations
- Constant review and benchmarking of processes to ensure adherence to global best practices
- Insurance cover with international re-insurance.
- Full Confidentiality of business operations.
Our Values
- Safety & Efficiency of Operations is a hallmark of StockHolding.
- Professionalism & Integrity.
- Customer First .
- Relationship building .
- Commitment to Quality irrespective of asset size!