KGSL, a leading provider of products and solutions in the BFSI space, has launched Dolphin 2.0, a next-generation post-trade SaaS platform that is ready to cater to the global market.
Dolphin 2.0 is a technologically advanced version of its flagship product, which has been the market leader in capital markets post-trading for nearly two decades, servicing institutional and retail stockbrokers.
Launched in partnership with Oracle, the new version of Dolphin is poised for a fundamental shift in the capital markets space, enabling enterprises to undertake impactful operational transformation.
Global Unified SaaS Platform
Prassadh Shanmugan, Director and CEO of KGISL Technologies, said the new version of Dolphin provides a unified global SaaS platform that uses cutting-edge technology to be not only operationally efficient but also cost-effective.
He said the updated version will now serve as a single platform for institutional and retail brokers serving across geographies, reinforcing the company’s determination to become a global leader in the capital markets back-office space.
He added that the unique subscription model helps businesses focus on growth and eliminates disruption caused by operational challenges.
Shanmugan said Dolphin is ready to handle real-time settlement, whether T+1 day or T-Day, to accommodate future regulatory changes.
Vivek Gupta, senior director and country head, Oracle India, said it works best with Oracle Cloud Infrastructure since the database is independent.
He said Oracle is driving its cloud momentum in India to help meet growing industry and compliance requirements by delivering enterprise-grade security with enhanced performance.