Cloud computing is the use of computing resources (hardware and software) that are delivered as a service over Internet). The business model, using software as a service, users also rent application software and databases. The cloud providers manage the infrastructure and platforms on which the applications run.

End users access cloud-based applications through a web browser or a light-weight desktop or mobile app while the business software and user’s data are stored on servers at a remote location

Yes. A stock broker needs a series of software systems to complete routine jobs. This includes accounting software, integration with third party systems such as banks, depositories, trading software etc., mailing of contact notes, SMS sending systems etc. iLedger is a bundled software to satisfy all these requirements.

Yes. In softwares with local installation backup of the data is taken using the provisions available in that software. In the case of cloud model the software is hosted in the data enters and routine back up is automated. The user does not have the responsibility of this routine job. This is further ensured by iLedger by an agreement. Further, user can take bulk report backup of all reports in pdf formats at any time and download to their systems.

Yes, the data is secured and in safe custody. iLedger has backup servers and Disaster recovery (DR) centres  for zero data loss.

iLedger cost structure is based on user access. The price varies depending on the number of Exchanges and segments taken by the customer. The minimum charge for a broker per user starts from Rs.1,000/month/user.

No. In the case of on-site installation, the customer has to procure a series of hardwares and softwares. In the case of iLedger, its only a fee based on usage of the customer.

Yes. In iLedger a broker can send his contract notes and quarterly reports by email and send sms also. Moreover, these provisions are automated.

Yes. The Head office, branches and clients can view their reports for all the previous years.

In stock market the changes in software are very frequent as there are many exchanges and segments. iLedger follows the notifications/ circulars and the updations are done in time in the central server and intimated to the brokers by release notes. The customer need not wait for the software vendor to access his servers for each updation.

iLedger is used by many brokers from across  the world. It is standardised and optimised over a period of ten years. It is not possible to make changes for individual satisfaction in iLedger. However, the suggestions and modifications from the users are taken, standardised and released in next version change.