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DotEx Plaza, India's first aggregator
ASP for Internet Trading launched
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DotEx Plaza, an aggregated application service for all member brokers to
offer web-based services to investors, was launched on November 29,
2000. The service was inaugurated by SEBI chairman Dr. DR Mehta.
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Speaking
on the occasion, Dr. Mehta said that
the introduction of such a platform takes care of the small and
medium players in the financial service industry. "Reforms do not
require that the middle-rung is eliminated. Such a platform puts the
small and medium players on par with the big operators,'' he said. |
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Ravi Narain, MD,
NSE and Chairman, DotEx said, “DotEx Plaza heralds a paradigm
shift in the Indian securities industry. It creates a level playing
field that enables all market participants to compete and focus on
differentiating themselves through customer service excellence.
Through DotEx, NSE continues to maintain its technology edge and
leadership in this industry.” |
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V. Srinivasan,
COO, DotEx said, “With the extensive experience of its parent
organisations behind it, DotEx is clearly positioned to achieve
leadership within a short span of time. Today we have the privilege
to introduce the unique concept of a Branded Aggregator ASP in the
Indian market.” |
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DotEx is promoted
by NSE.iT, the IT arm of the National Stock Exchange of India
Limited, and i-flex Solutions Limited, a leader in e-enabling the
global financial services industry. |
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The
vision of DotEx International Limited (DotEx) is to provide
world-class customer fulfilment infrastructure for the securities
industry. DotEx creates quality platforms for providers of financial
services to significantly enhance customer satisfaction by providing
both the technology and the product framework. It combines cutting
edge technology capabilities along with a deep understanding of the
evolving needs of consumers of financial service. The initial
offering of DotEx is DotEx Plaza where multiple market participants
such as brokers, depository participants and banks offer integrated
web-based services to their customers. |
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Dr.
D.R. Mehta, Chairman, Securities & Exchange Board of India (SEBI),
getting a first hand feel of DotEx Plaza. Also seen in the picture are
Ravi Narain, CEO, National Stock Exchange (second from right) and V
Srinivasan, COO, DotEx Plaza (first from right).
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