Secure Trading Solutions

Secure your online stock trading activities and protect investors from identity thefts and transaction frauds.

Odyssey Snorkel is a transaction security server that provides a comprehensive suite of security features to protect your online stock trading activities. By interfacing your stock trading applications with Snorkel, you can now protect your trading applications from identity thefts and transaction frauds, while providing your investors with a safe online environment to buy and sell shares.

Snorkel brings in the necessary trust factor and accountability into your automated transactions with banks and depositories, by enabling strong two-factor authentication, page-level access control, secure communication channel and digital signatures. The solution provides a centralized security gateway to all web applications used within the brokerage including trading applications, and ERP systems.

With most stock trading activities involving server-to-server communication, Odyssey provides a flexible and cost-effective solution with a combination of Snorkel-TX and Snorkel-BX servers that takes into account all transacting entities and provides uniform security across the board.

Learn More

Business Benefits
Provide a single security gateway for multiple trading applications.

Gain investor confidence by providing a secure online environment for trade executions, news feeds, deal monitoring, and position keeping.

Ensure a secure communication channel and transaction accountability when communicating with banks and depositories for trade executions.

Enable comprehensive e-security in a matter of only weeks and without making changes to your web applications, databases or web servers.

Maintain uniform security across all transacting entities including investors, banks, depositories and brokerages.

Protect information from unauthorized access using fine-grained access control features, and prevent securities manipulation and insider trading through effective user segregation.

Accommodate upgrades and changes to the IT infrastructure without compromising security.

Prevent unauthorized access to sensitive data and information, and protect high-value transactions.

Solution supports all types of trading applications regardless of vendor, hardware or software platform.

Solution compliant with the highest standards in e-security

Feature Highlights
Choice of two factor authentication mechanisms, including certificate-based authentication and one time passwords (OTP) like SMS-based OTP, hardware OTP, software OTP, and mobile OTP.

Phased migration of users to specific authentication models.

Built-in certification authority for issuing X.509 digital certificates to users.

Ability to digitally sign forms, file uploads and transactions including share buy/sell instructions, funds hold/release instructions as well as stock trading at NSDL and CDSL.

Archival of digital signatures with context preservation, for offline verification and retrieval.

Policy-based configuration of access control rules.

Sophisticated user and group management, with option to control access rights based on specific criteria.

Secure communication using SSL V3/TLS, with server and client authentication.

Policy driven, multi-tiered administration.

Secure web-based administration with strong two factor authentication.

Signing and archival of all administrator activities for accountability.

High availability with options for hot and cold standby.

Odyssey Technologies Limited is the leader in PKI technology and e-security solutions in the Asia-Pacific region. Odyssey develops products and solutions for Internet transaction security and is recognized by the Controller of Certifying Authorities in India as a technology vendor. The company proudly supports the security needs of major banks and financial institutions in the Asia-Pacific region and has earned their trust as a reliable vendor.