With dematerialization of stocks and electronic trading the trading cycles have been accelerated several times over in the past decade.  As every trade has to be represented by a contract between the broker and the transacting party, it has become necessary to create and exchange such contracts electronically.

As these contracts carry enormous value individually and in the aggregate, protection of customer privacy and assurance of authenticity are of paramount importance.

Regulators in many countries have prescribed that these contracts should be electronically signed. In India, SEBI has prescribed both the formats and the digital signature requirement to be fulfilled with additional delivery confirmation as well as bounce handling where it is emailed.

Even without such prescriptions, it makes eminent business sense to sign and possibly encrypt these contracts before they are sent to the party.

AltaSigna handle the complete requirement cycle for a large number of broking houses in India. Brokerages such as J.M.Morgan, Dawnay Day, India Infoline and Geojit and a host of other brokers across the country use AltaSigna.

AltaSigna’s scalability services the requirements of small brokerages with dozens of trade a day to large houses with millions of documents a day.