Orbis Financial Corporation Case Study

Orbis Financial Corporation Ltd., a custodian, works as an efficient stock market

intermediary facilitating smooth execution and settlement of daily trades through

sophisticated technology and systems developed in-house. Transparency and

effectiveness of its functioning, is further enhanced due to its zero conflict business

model, as a Non Broker, non-banker and Non Fund Manager with unidirectional

focus on custodial services.

The team at Orbis is a group of professionals which endeavors to provide high

quality, customized products and services to its customers, holding high the

Company’s mission to work Honestly, Fairly & Professionally imbibing Best

Practices in client's interests. At the helm of the team are Mr. Atul Gupta,
It holds the Power of

Attorney of the bank account of the client to make available the funds to the

clearing corporation as and when required so that the trades made by the client are

smoothly settled. Since Orbis is a non-bank custodian, it blocks the funds of the

client only for the purpose of trades without any conflict of interests.

When it comes to core functioning of ORBIS, it follows diligent and standardized

processes in all its departments which are verified through the maker and checker

principle for keeping all possible errors at bay. Its state of the art infrastructure

helps in tracking real time changes in security prices and communicating margin

requirement of investors to minimize their risks. It provides ‘safety’ to securities

both, physical and virtual. The physical shares are stored in vaults with all security

measures and the virtual shares are held in the Demat accounts of its clients opened

by the custodian in capacity of a depository participant with the depository
By comparing all this information within built systems verified by manually to

minimize any kind of loss to the client arising from mismatch of trade orders.

Through this process it does trade validations. On any discrepancies found, it

reconfirms with the client and informs the exchange and rejects such trades.

Once the trade validation process is complete. It undertakes to check the

availability and transfer of funds(in case of a buy order) and of securities(in case of

sell order) to settle the trades. This information is then communicated to the

clearing and settlement agencies to the stock exchanges who in turn settle the trade

at the exchange. We at Orbis understand the value of money of our clients and

make sure that the clients are timely informed about their balance requirements for

making trades so that they can make use of every opportunity available in the

market.

On behalf of the clients, Orbis does all the regulatory liasoning and fullfil the legal

requirments for investors, especially FIIs and HNIs. It also arranges for broker and

banking services and extends the benfits of its professional relationships