UPSI SDD Software

UPSI (SDD) Software

(Cost effective solution for SME companies, PCS and Auditors)

Regulatory Compliance:

SEBI vide Master Circular SEBI/HO/ISD/ISD-PoD-2/P/CIR/2023/039 dated March 23, 2023 & Regulation 3 (5) of SEBI (Prohibition of Insider Trading) Regulations, 2015, head(s) of the intermediary / fiduciary handling unpublished price sensitive information (“UPSI”), shall ensure that a structured digital database (“SDD”) is maintained containing the name of the persons who have shared or received the UPSI. Also, Companies shall deal with only such market intermediary / every other person, who have formulated a code of conduct as per the requirements of PIT Regulations.”

Accordingly, Practicing Company Secretary (PCS) firms are covered in the ambit of intermediary / fiduciary & are required to maintain SDD, containing detailed information regarding UPSI shared or received.

To ensure continued engagement and preventing one’s firm from losing valuable clients such structure shall be strictly maintained.

How can all the compliances relating to SDD be maintained at a single place in a cost effective manner?

ProCS Solutions has developed a cost effective window based & easy-to-use automated self service portal for both UPSI schedule-B & schedule-C clients to ensure the compliance requirement of maintenance of UPSI Structured Digital Database & Regulatory compliance along with Management Reporting.

  • What does ProCS provides?

  • Windows bases application can be installed on Laptop/Desktop.
  • Auto Capturing of UPSI with e-mail based automation.
  • Ready to use automated self-service portal.
  • Maintain database internally as per compliance requirement.
  • SDD database with complete Audit Logs.
  • Reports such as UPSI SDD & Audit Log Reports

  • ProCS in collaboration with Institute of Company Secretaries of India (“ICSI”) is providing the software at subsidised price to all the Members of ICSI.

  • Benefits:

  1. Cost Effective solution & customer centric.
  2. Secure and Tamperproof Structured Digital Database
  3. Centralize & common self-service portal.
  4. User defined and customizable Email templates
  5. Complete audit trails and logs of activities