Orbis Financial Corporation Case Study

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Orbis Financial Corporation Ltd., a custodian, works as an efficient stock market intermediary facilitating smooth execution and settlement of daily trades through sophisticated technology and systems developed in-house. Transparency and effectiveness of its functioning, is further enhanced due to its zero conflict business model, as a Non Broker, non-banker and Non Fund Manager with unidirectional focus on custodial services. The team at Orbis is a group of professionals which endeavors to provide high quality, customized products and services to its customers, holding high the Company’s mission to work Honestly, Fairly & Professionally imbibing Best Practices in client's interests. At the helm of the team are Mr. Atul Gupta,…show more content…
With RTGS availability funds movement is online and seamless. On its way of providing robust, reliable and scalable solutions to its clients Orbis also has been honored by InformationWeek’s prestigious ‘EDGE’ (Enterprises Driving Growth and Excellence) award in consecutively 2010 and 2011 and again in 2014 and also glorified by Greyhound Research’s ‘Achiveres Club’ award for 2014. Orbis offers a wide gamut of specialized services to its clients ranging from depository services, custody, clearing and settlement in cash and F&O segments both, fund accounting, margin lending and customized reporting as per the needs of the clients. Orbis also assists its investors, in India and abroad, in making Cross Border investments including Outbound Investments from India into global markets. On the domestic investments, it supports prime brokerage and financial intermediaries such as Portfolio Managers, Wealth Managers, Alternate Investment Funds, Stock brokers, HNI's & NBFC's optimize their investments and Operations. It assists in the process of account opening and ensures a speedier process. It…show more content…
This information is then communicated to the clearing and settlement agencies to the stock exchanges who in turn settle the trade at the exchange. We at Orbis understand the value of money of our clients and make sure that the clients are timely informed about their balance requirements for making trades so that they can make use of every opportunity available in the market. On behalf of the clients, Orbis does all the regulatory liasoning and fullfil the legal requirments for investors, especially FIIs and HNIs. It also arranges for broker and banking services and extends the benfits of its professional relationships with banks. This arrangment of services results in marginal reduction of costs for the investors. It follows up with banks for fixed deposit receipts, interest calculation, facilitates loan against shares portfolio including risk administration, follows up for corporate action, reconciliation of interest due, received, bank statement, Demat statement and TDS certificate, maintenance of books of accounts, daily risk monitoring, daily updation of books of accounts leading to monthly reporting of PL and Balance sheet, provides annual accounts, details of income and expenses and other

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