SEBI has mandated that Brokerages, DP's and Wealth Managers shall register all new accounts with KRA. CMC Ltd. has a ready solution for KRA. See it here.

1. SEBI has ruled that ANY account opened with ANY Capital
Market intermediary shall be registered with a KRA,
either NDML or CVL

2. Af te r d o in g KY C o f n e w c lie n ts , th e in te rme d ia ry
s h a ll u p lo a d th e KY C in f o rm a tio n o n th e KRA s y s te m
a n d s e n d th e KY C d o c u me n ts to th e KRA in 10 d a y s

3. Depository Participants
Brokerages
Wealth Management companies

4. The KRA system shall be applicable for all NEW client accounts
opened from 1 Jan 2012.
For client accounts opened between 1-31 Jan 2012, the
intermediaries may upload the KYC data on the KRA system and
send the relevant KYC documents to KRA, by 15 Feb 2012.
However, for client accounts opened from 1 Feb, 2011, the
intermediaries shall follow the New SEBI requirement
Existing clients can continue to trade / invest/ deal with their
intermediaries as per the current practice.

5. CM C L td . h a s a n n o u nce d th a t is re a d y w ith a
KRA B a c k O f f ice s o f twa re s o lu tio n

6. WHAT DOES CMC-KRA DO ?
KRA Account Opening
Import DeMAT Accounts
Manage Documents
Track Documents
Modifying KYC Details
Billing Reconciliation
Analytics
Interface

7. WHAT DOES CMC-KRA DO ?
KRA Account Opening  KYC Inward
Import DeMAT Accounts  Capturing SEBI mandated
KYC details
Manage Documents
 Exporting KYC data to CVL
Track Documents
in Batches
Modifying KYC Details  Import of CVL Response
Billing Reconciliation  Data correction for errors
 Re upload of corrected
Analytics
records to CVL
Interface  Maker-Checker facility

8. WHAT DOES CMC-KRA DO ?
KRA Account Opening
 Import of CDSL Back-Office
Import DeMAT Accounts master
Manage Documents  Import of NSDL client
master
Track Documents
 Mapping of DP data with
Modifying KYC Details KRA data
Billing Reconciliation  Capturing the additional
KRA details
Analytics
 Maker-Checker
Interface

9. WHAT DOES CMC-KRA DO ?
KRA Account Opening  Scanning of KYC forms,
Import DeMAT Accounts PAN card, Address proof,
etc.
Manage Documents
 Encryption and Archival of
Track Documents
the scanned documents
Modifying KYC Details  Document retrieval for
verification
Billing Reconciliation
Analytics
Interface

10. WHAT DOES CMC-KRA DO ?
KRA Account Opening  Despatch of KYC forms and
Import DeMAT Accounts other documents to CVL
with dispatch id
Manage Documents
 Auto generation of covering
Track Documents
letter for CVL
Modifying KYC Details  Update proof of delivery
Billing Reconciliation (POD)
 Follow up letter to CVL
Analytics
 Rejection handling and
Interface intimating the customer

11. WHAT DOES CMC-KRA DO ?
KRA Account Opening
 Inward of change request
Import DeMAT Accounts  Capturing the change in
KYC details
Manage Documents
 Uploading the changes to
Track Documents
CVL
Modifying KYC Details  Importing the response
Billing Reconciliation from CVL
 EOD file import for KYC
Analytics
changes
Interface

12. WHAT DOES CMC-KRA DO ?
KRA Account Opening
 Track cash collected
Import DeMAT Accounts  Upload KRA charges in DP
and Broker back office for
Manage Documents
billing
Track Documents
 Reconciliation of the billing
Modifying KYC Details details with CVL Invoice
Billing Reconciliation
Analytics
Interface

13. WHAT DOES CMC-KRA DO ?
KRA Account Opening  KYC Inward
Import DeMAT Accounts  KYC Processed
 KYC Rejected
Manage Documents
 KYC Completed
Track Documents
Modifying KYC Details
Billing Reconciliation
Analytics
Interface

14. WHAT DOES CMC-KRA DO ?
KRA Account Opening  Online, with DpSecure and
Import DeMAT Accounts BroSecure (CMC’s back
office solutions)
Manage Documents
 XML, for other back-office
Track Documents
 Offline:
Modifying KYC Details  NSDL and CDSL formats
Billing Reconciliation  BSE and NSE formats
Analytics
Interface

15. ICICI
BANK

16. CMC has the complete solutions suite for the Capital Market
 NSE/BSE
ITES Services
 F&O DP Central
Processing
 MCX/NCDEX
? Other Generic
HR & Payroll on-cloud
:: Also On-cloud Email Scrubbing
* Financial Planning powered by OMNIMaxTM. OMNIMax is the trademark of Omnimax Software Ltd., New Zealand

17. Delivery Options
 On-Premise
 solution installed on your premises
 Hosted
 Solution owned by you;
 We host and manage it dedicatedly for you in
a data centre with the infrastructure on rental
 On-Cloud «« Benefits
 Pay-As-You-Go 1. No capex
2. Failover and DR available
3. Pay only for what you use

18. The CMC Edge + Safety Factor
No other company offers ALL the solutions
Complete Back-Office suite on SINGLE platform
On-premise, Hosted and On-Cloud models
Managed Services offered

19. A copy of the SEBI Circular may be obtained by sending
a mail to CMC Ltd.

20. CMC…
 is India’s oldest and most experienced IT
solutions and service provider to Stock
Exchanges, Banking & Financial Institutions
and Insurance companies.
 has implemented projects of national
importance
• Passenger Reservation System for Indian
Railways irctc;
• BOLT an online -trading system for Bombay
Stock Exchange
• Depository System for CDSL.
 is Part of the Tata Group

21. Ask CMC LTD. for a copy of the SEBI CIRCULAR
Send Mail to
ravi.rathor@cmcltd.com
vinay@cmc-dpsecure.net
Mention “Send KRA circular” in subject line
Mention ALL of the following contact details:
Name
Click icon to send mail
Company
Designation
City
Phone (Board + Extension)
Email (company email id)

22. to discuss your requirement
Call Ravi 8080274490
: wealthplanned@cmcltd.com
: cmcltd.com/products/wealthplanned.htm
: wealthplanned!
: @wealthplanned
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