About Velox PIT
Velox PIT is a data management platform from Infomatics Services designed for performance improvement tracking. It provides data integration, analytics capabilities, and reporting tools so organizations can monitor progress and make informed decisions. By centralizing performance metrics, users can easily identify trends and areas for development. The platform also supports real-time updates, ensuring stakeholders have access to the latest information. Additionally, it offers customizable dashboards to visualize data effectively. Key capabilities: data integration analytics reporting tools real-time updates customizable dashboards Best for: organizations that need to track and improve performance metrics.
Velox PIT by Infomatics Services is a comprehensive compliance software designed to streamline adherence to regulatory requirements, particularly in the realm of insider trading regulations. Its primary purpose is to simplify the automation of SEBI regulations on Prohibition of Insider Trading, offering features such as structured digital databases, automated trade request approvals, and real-time monitoring. The software provides robust tools for policy management, risk assessment, and audit tracking, ensuring businesses remain compliant with industry standards and legal obligations. With its centralized repository for compliance-related documents and activities, Velox PIT enhances visibility and accountability across organizations, making it an invaluable asset for companies navigating complex regulatory landscapes. The user interface of Velox PIT is designed with simplicity and functionality in mind. It offers an intuitive layout that allows users to navigate seamlessly through various features. The interface is user-friendly, with clear menus and dashboards that provide quick access to critical tools and information. Unique design elements, such as automated reminders for periodic submissions and easy access to employee profiles, contribute to its efficiency.
Pros & Cons
- +1. It automates key processes for complying with SEBI's insider trading regulations.
- +2. The software offers comprehensive coverage for various asset classes and compliance requirements.
- +3. It provides improved efficiency and visibility over trade requests and reporting activities.
- +4. Velox enhances control over sensitive information (UPSI) and the structured digital database.
- −1. It automates key processes for complying with SEBI's insider trading regulations.
- −2. The software offers comprehensive coverage for various asset classes and compliance requirements.
- −3. It provides improved efficiency and visibility over trade requests and reporting activities.
- −4. Velox enhances control over sensitive information (UPSI) and the structured digital database.
Features
Key features
- 1. Automated Trade Request Approvals/Rejections
- The software allows for the setup of preset rules to automatically approve or reject employee trade requests, ensuring compliance with trading windows and regulations.
- 2. Control over UPSI & SDD (Unpublished Price Sensitive Information & Structured Digital Database)
- Velox provides tools to manage and control access to sensitive information and maintain a structured digital database as mandated by SEBI.
- 3. Complete Visibility over Request & Reporting
- The platform offers a comprehensive view of all trade requests and reporting activities, providing transparency for both employees and compliance teams.
- 4. Automatic Reminders for Periodic Submissions
- The software sends automated reminders to employees for their periodic compliance submissions, ensuring timely adherence to regulatory requirements.
- 5. Easy Access to Employee Profile, Request, Reporting, and Defaulter List
- Velox provides quick access to essential information, streamlining the compliance process for administrators.
- 6. Workflow Automation for Compliance
- The software automates various workflows for the compliance team, such as policy and annexure setup, request inbox management, and report generation.
Additional features
- 1. Prohibition of Insider Trading Automation
- The core function of the software is to automate compliance with SEBI regulations on insider trading.
- 2. UPSI Management
- Provides tools and processes for managing Unpublished Price Sensitive Information as per regulations.
- 3. Structured Digital Database (SDD)
- Enables the creation and maintenance of a structured digital database of individuals with access to UPSI.
- 4. Request & Reporting Visibility
- Offers a clear view of all trade requests submitted by employees and the related reporting.
- 5. Automated Trade Request Approvals/Rejections
- Automatically handles trade requests based on predefined rules and policies.
- 6. Control over UPSI & SDD
- Provides mechanisms to control access to sensitive information and manage the digital database.
- 7. Automatic Reminders for Periodic Submissions
- Sends automated notifications to employees for their regular compliance submissions.
- 8. Easy Access to Employee Data
- Allows quick access to employee profiles and relevant information.
- 9. Access to Request Data
- Provides easy access to all submitted trade requests.
- 10. Access to Reporting Data
- Offers quick access to compliance reports and submissions.
- 11. Access to Defaulter List
- Provides a readily available list of employees who have not complied with regulations.
- 12. Review & Manage Insider Trading Risks
- Helps in identifying, reviewing, and managing potential insider trading risks.
- 13. Cost-Effective Compliance
- Aims to provide a cost-efficient solution for meeting regulatory requirements.
- 14. Self Declarations (for Employee)
- Enables employees to submit self-declarations as required by regulations.
- 15. Initial Holding Uploads (for Employee)
- Allows employees to upload details of their initial securities holdings.
- 16. Dependent Declarations (for Employee)
- Facilitates the declaration of securities holdings of dependent family members.
- 17. Automated and Assisted Submissions (for Employee)
- Provides tools for both fully automated and assisted compliance submissions.
- 18. Submission Calendar (for Employee)
- Offers a calendar view of upcoming compliance submission deadlines.
- 19. Policy Setup (for Compliance)
- Allows the compliance team to configure and manage insider trading policies within the system.
- 20. Annexure Setup (for Compliance)
- Enables the compliance team to set up and manage regulatory annexures.
- 21. Check Request Inbox (for Compliance)
- Provides a centralized inbox for the compliance team to review and process trade requests.
- 22. Access Employee Details (for Compliance)
- Allows the compliance team to access detailed employee information for compliance purposes.
- 23. Report Generation (for Compliance)
- Enables the compliance team to generate various compliance reports.
- 24. Ensure Compliance (for Compliance)
- Provides tools and workflows to help the compliance team ensure overall adherence to regulations.
- 25. Declare Dependants (for Employee)
- Allows employees to declare their dependent family members for compliance purposes.
- 26. Requests (for Employee)
- Enables employees to submit trade requests and other compliance-related requests.
- 27. Submit Periodic Annexures (for Employee)
- Facilitates the submission of periodic regulatory annexures by employees.
- 28. Grey List & Restricted Scrip Management
- Includes features to manage a grey list of individuals and restricted securities.
- 29. Alerts & Notifications
- Provides alerts and notifications for various compliance-related events and deadlines.
- 30. Mobile Version (for Requests, Reporting & Approvals)
- Offers a mobile interface for submitting requests, reporting, and approvals.
- 31. Compatibility on Apple Devices
- The web application is accessible from Apple devices.
- 32. Integration with HR Systems and/or AD Servers
- Offers integration capabilities with HR systems and Active Directory servers (with separate charges).
- 33. On-Premise License
- The software is installed on the client's premises or private cloud.
- 34. Covers Equity, MF, Debt, Derivatives, (ESOPs)
- Supports compliance for various asset classes.
- 35. Remote Support via Email
- Provides customer support through email with a defined response time.
- 36. Bug Fixes and Issue Resolution
- Support covers fixing bugs and resolving issues during normal usage.
Pricing
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About Velox PIT
Velox PIT is a data management platform from Infomatics Services designed for performance improvement tracking. It provides data integration, analytics capabilities, and reporting tools so organizations can monitor progress and make informed decisions. By centralizing performance metrics, users can easily identify trends and areas for development. The platform also supports real-time updates, ensuring stakeholders have access to the latest information. Additionally, it offers customizable dashboards to visualize data effectively. Key capabilities: data integration analytics reporting tools real-time updates customizable dashboards Best for: organizations that need to track and improve performance metrics.
Velox PIT Details
Velox PIT's In-App Market Place
Does Velox PIT have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), AUD (A$), CAD (C$), JPY (¥)
Pros & Cons
- 1. It automates key processes for complying with SEBI's insider trading regulations.
- 2. The software offers comprehensive coverage for various asset classes and compliance requirements.
- 3. It provides improved efficiency and visibility over trade requests and reporting activities.
- 4. Velox enhances control over sensitive information (UPSI) and the structured digital database.
- 1. It automates key processes for complying with SEBI's insider trading regulations.
- 2. The software offers comprehensive coverage for various asset classes and compliance requirements.
- 3. It provides improved efficiency and visibility over trade requests and reporting activities.
- 4. Velox enhances control over sensitive information (UPSI) and the structured digital database.
Velox PIT's Support Options
Email Address
solutions@infomatics.co.inContact
+91-22-28502010Velox PIT's Alternatives
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