Apex Softcell (India) Pvt. Ltd. Signs Contract with Nirmal Bang Securities Pvt. Ltd.

MUMBAI, February 26, 2013 /PRNewswire/ --

Apex Softcell Developers of the Widely Acclaimed Lidha Didha (LD) Broker Back Office Software, Signs an Enterprise Deal With Nirmal Bang Securities Pvt Ltd.

Lidha Didha Enterprise Edition Suite, will now enable Nirmal Bang to open unlimited branches without incurring any additional cost. This will ensure that funds are utilized on growing the business rather than being spent on procuring back-office software.

The advantage of the Lidha Didha Enterprise Edition Suite would enable all Nirmal Bang branches with broking, depository back-office, live risk management system & franchisee management software in a single login in live environment.

End clients of Nirmal Bang would be benefited with client level software, Interactive Voice Response (IVR), live risk reports & mobile back-office again on a live environment giving extra mileage in competition with other brokerage houses.

"The biggest challenge which we were facing was updating to other back office software from Lidha Didha by way of batch files. Since Apex had all the products which cater to the need of a broking house, we thought it would be a viable option to deal with a single vendor," said Mr. Rakesh Bhandari, Senior VP - Nirmal Bang Securities Pvt Ltd.

"A broker spends several man hours integrating file formats with backoffice software such as risk software. This enterprise solution will eliminate manual processes of data transfer, thereby ruling out the possibility of human error. This will also prove to be a cost saving solution in the long run." said Mr. Bhavesh Desai, MD Apex Softcell (India) Pvt Ltd.

About Apex Softcell (India) Pvt Ltd

Apex Softcell (India) Pvt Ltd was incorporated at Bombay on 31st December 1992 with a brand name of 'Lidha Didha'. The Company was formed to build broking back-office software solutions for sub brokers in India. They now develop software for brokers in India with a centralized management system. With 20 years experience on hands Apex offer a range of products for brokers & exchanges which varies from front office / mid office / back office, trading & match engines for exchange, RMS platform for brokerage house & exchanges with latest technology in place.

For more information please visit http://www.apexsoftcell.com

About Nirmal Bang Securities Pvt Ltd

Established in 1986 by Shri Nirmal Bang, the Nirmal Bang group is recognized as one of the largest retail broking house in India.

The Group is headed by Mr. Dilip Bang and Mr. Kishore Bang who bring forward industry expertise, insight and most importantly, create an environment of unmatched commitment to clients

Nirmal Bang group is a registered member of BSE, NSE, MCX-SX, MCX, NCDEX, NMCE, NSEL, ICEX