The very fact that every year brokers are switching to SharePro, is a testimony to the fact that the SharePro pricing policy is both fair and open.
Once the software is downloaded and installed on your existing SQL Server, you need a licence to operate the software.
Every market-segment you work with requires a licence issued by us.
Besides the market segments you also require additional licences for:
CDSL and NSDL depositories for DPs / virtual DPs (for non-DPs to make POA instructions)
ssScheduler/ssDigit (Email & SMS despatcher)
SharePro CRM (Web based client service facility)
Branch Web logins
LiveRMS (for Risk Management)
NBFC Funding (for streamlined daily fund movement and risk management)
OnlineKYC - a self-registration account-opening facility for new clients
PWM for individuals to manage individual/family portfolios and accounts and get direct feeds from their brokers.
Licences are for fixed periods (usually for a year).
You don't need to take the total bundle at one time.
You can take them up as and when you require (it takes us just 15 mts to activate a new segment/module.)
New market segments requires no involvement from IT as no software installation is required.
Some technology modules may require IT support.
Payment Modes
Except for a few, most modules/segments support two modes of payment - Recurring and One-Time.
PWM,Branch logins have a recurring option only.
Online KYC and PMS have a different payment structure.
There is no difference in product or support whichever payment mode you choose.
To arrive at the Lump sum licence cost in the One-Time Payment Mode, we simply multiply the Recurring cost by 2.75
Subsequent year licence cost is around 20% of the lumpsum cost except for a few modules.
Over 5 years the net cash payout is almost the same in both modes.
For e.g. if the total basket of market segments/modules works out to Rs.1 lakhs as per the Recurring (Annual) mode, in the One-Time/Lumpsum mode, the Licence fee for the First Year would work out to 2.75 lakhs and subsequently 0.55 lakhs every year. Over 5 years in the recurring mode you would have paid 1 lakh x 5yrs = Rs.5 lakhs which is similar to what you would have paid in the One Time/Lumpsum mode which is 2.75+[0.55 lakhs x 4yrs] = Rs.4.95 lakhs
Implementation outside major cities
Our support services are available locally at Kolkata, Mumbai, Delhi, Ahmedabad, Hyderabad & Chennai.
Implementation, Migration & Training may require us to travel and stay at your location at an additional cost.
New installations can be implemented and training provided remotely if good internet connectivity exists.
