News : Ozonetel's KOOKOO Call Recording System Launched for Stockbrokers to Become SEBI Compliant
Hyderabad, India, November, 2017 -- Market regulator, Securities and Exchange Board of India (SEBI) has issued guidelines for all stockbrokers to keep recordings of all trade calls with effect from January 1, 2018. As per the notice, the liability of presenting the call records will be on the stockbroker in case of dispute. SEBI has taken this step in the direction to prevent unauthorized trade. This calls for stockbrokers across the country to revamp their telephony solution.
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Ozonetel Communications, a global player in Cloud Communication, has announced KOOKOO call recording system, which is completely customized to serve the purpose. "There are about 35,000 registered stockbrokers in the country for whom KOOKOO call recording system will be indispensable," says Murthy Chintalapati, CEO of Ozonetel Communications.
"The industry is mature and demands a system which cannot just make the traders SEBI Compliant but also improves the business efficiency, enhancing customer experience. KOOKOO becomes a perfect fit," he adds.
Posted by Veronica Silva Cusi, news correspondent
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About Ozonetel Systems:
Ozonetel Systems is a Hyderabad-headquartered cloud telephony services firm.
SEBI protects the interests of investors in securities and promotes the development of the securities market through appropriate regulation.
Published: Friday, December 1, 2017
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