What is Velox UPSI?
Velox UPSI is a centralised platform designed to simplify the declaration and submission of Unpublished Price Sensitive Information (UPSI) in accordance with the guidelines set by the Securities and Exchange Board of India (SEBI). According to the vendor, this ready-to-use platform is intended for businesses of various sizes in the financial services, banking, insurance, stockbroking, and corporate compliance industries.
Key Features
According to the vendor, Velox UPSI offers a ready-to-use and self-service platform that allows users to easily manage UPSI declaration and submission without requiring extensive technical knowledge or assistance.
The vendor claims that Velox UPSI provides a centralised platform for UPSI declaration and submission, ensuring a systematic and organised approach to managing sensitive information as per SEBI guidelines.
According to the vendor, Velox UPSI seamlessly integrates with external systems and mail servers, automatically capturing UPSI to minimize manual errors and omissions.
The vendor states that Velox UPSI enables cross-checking of information fed into the CRM system with actual transaction behavior, ensuring the accuracy and integrity of UPSI declarations.
Velox UPSI is implemented on the client's infrastructure, providing greater control and security over the platform. The vendor claims that the use of SSL certificates encrypts data transmission, protecting it from unauthorized access.
According to the vendor, Velox UPSI is auto-enabled with SDD (Structured Digital Database), enhancing data organization and retrieval for efficient search and retrieval of UPSI information.
