STeADY: Digitally Transmitting Trade Information And Settlement Instructions

Safeguarding Transactions

• STeADY encrypts sensitive trade data
• STeADY is a facility which enables the brokers to deliver/submit contract notes to custodians/ fund managers electronically by transmitting digitally signed trade information with encryption. It further enables fund managers to enrich the contract note and convert it into instructions for the custodian.
• STeADY can be used for FPI Trades and Domestic Institutional Trades.

Salient Features

• Centralised solution: anywhere access. No footprint at user end
• User friendly interface to view & download contract notes and process trade (settlement) instruction.
• Data Security through Digital Signature
• ISO 15022 format as prescribed by SEBI
• Resilient infrastructure

Functionality of STeADY

• Upload and Download of files through user interface (contract note, trade instructions)
• Status update: tracking of transaction end-to-end
• Option of uploading/downloading both in NSDL proprietary format or SEBI prescribed ISO format 
• File level validation by STeADY which reduces rejections.
• Security: Digital sign file using digital signature
• Single file containing contract notes of multiple Brokers
• Common solution for equity and equity derivatives (F&O) contract note from brokers
• Multiple user access through secured login (digital signature)

For Product Demo or Details:

Email: steady@nsdl.com