Problems we’ve solved in the industry
SEBI has made it compulsory for stockbrokers to inform and intimate investors about their actions performed on the exchange. If an investor claims later that they did not receive a trade confirmation note, their complaint can reach the ombudsman, and then SEBI, and the firm is asked to respond. All for one email.
If not email, they must be sent by courier, and the printing and courier charges are 100x that of Broadside’s fees for one email.
So, a mass mail service with the highest deliverability saves you money. A mass mail service which informs you about undeliverable emails in time keeps SEBI off your back so that you can send out courier envelopes immediately.
Avoid the hassle; minimise the risk.
How we have solved
the problems
There are emails and then there are time-sensitive emails. Broadside offers high priority queues for time-sensitive emails. OTPs are always sent out through high-priority queues, which cut the bulk of our traffic and hit your investor’s mailbox in a trice.
Trade confirmation notices are confidential. Broadside does not store these emails on our servers more than the minimum amount of time needed to push them out to your investor’s mailbox. No copies of the mails are stored on Broadside servers, so there is no danger of leaking out information about who is buying or selling what.
Peace of mind has two friends: speed and safety, always.
