Digitalization of Securities Market
Digitalization of Securities Market
Digitalization of Securities Market
Implication
Example
Management required for digital adoption
Asset Digitalization
INTRODUCTION
• Digital methods give clients access to buy the product(Financial Securities). Product information is available on
multiple platforms. Hence, product information may not always be the main requirement of clients when they
visit the company’s digital platforms, but the access to the product for buying would be. For example: clients
may compare information on mutual funds on third-party web-aggregator platforms rather than on the fund’s
platform but may visit the fund’s platform when they want to buy directly.
Prospect Engagement
• This is a high-impact area where digital methods help in brand-building, information-sharing and deepen the
awareness of the products, with the aim of converting them to buy. Which is major reason that the retail
participation in Indian Stock Market is rising. As per SBI report 44.7 lakh retails investor accounts have been
added during the two months of this fiscal.
IMPACT/BENIFITS OF DIGITALIZATION IN SECURITY MARKET
• A high-impact area wherein company owned, and external-owned platforms give access to product
information. This includes product-comparisons, where clients can directly compare product
features. For example, Moneycontrol and Value Research are platforms which allow comparison of
mutual funds
• This is a must-have for financial firms to ensure ease-of-access and fast response. Periodic
portfolio reports, account statements, transaction confirmations, payment confirmations, etc. are all
conveyed to clients instantly using digital mediums like emails. For example, Zerodha, Largest
stockbroker in India, sends the monthly reports of all the transactions made by investor
CONCLUSION