KGFSL's Dolphin favoured by institutional broking firms in India
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KGFSL's Dolphin favoured by institutional broking firms in India 24 August 2010Coimbatore Reporter: Gerald Jonathan
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KG Financial Software (KGFSL) has secured five major software orders for Dolphin from leading investment banking firms, including UBS Securities, HSBC Securities and IndiaBulls Securities within the past 18 months.
"Customers have benefited from our ability to reliably configure and deliver complex financial IT systems in a rapid manner. In the case of IndiaBulls Securities, Dolphin went live within 45 days from date of sign-off," said Ashok Bakthavathsalam, Managing Director. Dolphin's flexible "low-touch to no-touch" process configurability allows quick turnaround on end-of-day activities. "Post-implementation, users have been able to close as early as two hours for the day," Mr Bakthavathsalam added.
With India emerging as one of the most important investment destinations in the world, leading investment banks have always felt a strong need for a proven back office solution that would support their growth plans. After a detailed and exhaustive evaluation of various competing solutions in the market, they have chosen KGFSL's Dolphin software suite, a comprehensive back office solution for the Institutional segment of the capital market. Dolphin has excelled in its flexibility and performance scalability and has established a proven track record with investment bankers operating in India and other global markets.
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