Ideas, explainers and field notes
For the people who run banks, NBFCs, AMCs and insurers.
Digital Spring Cleaning for the Enterprise: The New Single-Database Trillium That Combines Bank Statement Reading, Reconciliation, Cash Management, and Trade Capture and Reconciliation
Traditional operations stacks use separate vendors for bank statement reading, cash management and trade reconciliation, each with its own database, integrations and VAPT cycle. Rethinking the workflow around a single source of truth lets AI collapse these silos into one operational fabric. Trillium brings bank reading and reconciliation, cash management and trade reading and reconciliation into a single database.
Insider Trading · 2 November, 2026Why Does a SEBI PIT UPSI / SDD Module Require 6 Types of Reconciliation?
Most insider trading compliance breaches stem from delayed trade reporting, especially by dependents. NOVUS PIT closes the gap with six layers of automated reconciliation, so every trade is captured the moment it happens.
Digital · 2 July, 2026Why the Financial Services Industry Needs Fewer Templates and More Ambition
Digital experiences across financial services have become standardized and interchangeable. While feature parity is necessary for basic compliance, meaningful competitive differentiation comes from experience-led design, dynamic personalization, and a bold digital vision.
Digital · 1 July, 2026The Hidden Cost of Checklist Websites: Why One-Size-Fits-All Experiences Undermine Investor Engagement
Website modernization in asset management is often driven by feature checklists rather than investor behavior. While fund grids, calculators, and factsheets are necessary, treating every visitor identically weakens engagement. Adaptive digital platforms and personalized journeys are essential to showcase a brand's true sophistication.
Digital · 30 June, 2026Why Single-Point Accountability Matters in Financial Digital Transformation Projects
Large-scale digital initiatives in financial services often fall short of their potential or stall entirely. While technology is frequently blamed, the root cause is typically fragmented vendor ownership. Embracing single-point accountability through a unified delivery model ensures that design, engineering, and compliance are built into the foundation from day one, leading to predictable execution and faster time-to-market.
Digital · 23 June, 2026Why Financial Technology Projects Suffer from "Translation Fatigue"
Many digital transformation initiatives in financial services stall not because of coding failures, but because technical teams spend an invisible and exhausting portion of every project translating financial concepts, business rules, and compliance requirements to vendors who simply do not speak the language of finance.
Digital · 16 June, 2026Why Financial Website Projects Take 3 Years (And How Domain-Unified Teams Accelerate Delivery)
What begins as a digital transformation initiative often turns into a multi-year exercise involving endless revisions, missed deadlines, and mounting frustration. The answer lies not in technology itself, but in the traditional fragmented delivery model the industry has accepted for decades.
Digital · 14 June, 2026Has the Asset Management Industry Fallen Into the Digital Template Trap?
Many mutual funds and asset management firms have converged toward nearly identical website structures, creating a template trap where digital experiences become interchangeable. Differentiated interaction design—not just surface-level branding—serves as the brand architecture that shapes investor trust and engagement.
Digital · 7 June, 2026Why Financial Websites Must Be Engineered by Financial Practitioners, Not Generic Developers
Treating a financial portal like a generic consumer website often leads to prolonged development cycles and disappointing outcomes. Building a successful digital portal in this space requires more than general programming skills; it demands practitioner-led engineering that understands the complex language of compliance, asset management, and wealth infrastructure.
Operations · 22 September, 2025Reconciling data from your Order Management System and various Debt platforms
Indias Debt market operates through a sophisticated network of platforms tailored to different types of debt instruments. The Operations team in the Funds industry needs to reconcile trade data between their Order Management System and these platforms to ensure that all trades are correctly captured. Our Trillium product range helps you do just that. Reconcile data from various platforms thus ensuring that there are no nasty surprises later on.
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Insider Trading · 25 August, 2025Who are Fiduciaries as SEBI (PIT) Regulations?
The Trust's role is to ensure that the expenses are paid from the fund's assets in accordance with regulations, while the AMC's role is to manage the fund and justify the fees it receives from the fund's corpus.
Operations · 18 August, 2025What is NDS-OM in India?
The Trust's role is to ensure that the expenses are paid from the fund's assets in accordance with regulations, while the AMC's role is to manage the fund and justify the fees it receives from the fund's corpus.
Operations · 11 August, 2025Why do Direct plans of a mutual fund have lower expense ratios?
The Trust's role is to ensure that the expenses are paid from the fund's assets in accordance with regulations, while the AMC's role is to manage the fund and justify the fees it receives from the fund's corpus.
Operations · 4 August, 2025What is TER (Total Expense Ratio)? Why is TER so critical when choosing funds?
The Trust's role is to ensure that the expenses are paid from the fund's assets in accordance with regulations, while the AMC's role is to manage the fund and justify the fees it receives from the fund's corpus.
Digital · 25 July, 2025James Bond and Emotional Design
The question then to ask when building digital assets is" At what level are your digital assets? Do they differentiate in terms of just your logo? Are your digital assets merely trying to conform to your competitors have done? Are they differentiated to make users to repeatedly come back?
Digital · 18 July, 2025Wait, what!
Industries like BFSI require constant reinforcing post the sale. For apart from the sales experience, one also needs to orchestrate usage experience, service experience and even an exit experience.
Digital · 11 July, 2025Sehnsucht
This self-discovery makes customers build a connect and sort of personalise the product ownership. Good marketers make consumers feel that this was the product that consumers were longing all along and life would be so much better if they buy it.
Digital · 4 July, 2025The Peltzmann Effect
The Peltzman effect is a theory that suggests people may take greater risks when they feel safer because of a new safety measure or regulation. Investors may thus take on riskier investments if they believe a market is "safe" due to government regulations or prolonged growth.
Others · 27 June, 2025Are you still managing KRIs through spreadsheets?- Modernize risk tracking
Medulla Risk Management provides the tools and insights you need to take control of your risks with real-time risk alerts, dynamic heat maps, and interactive dashboards.
Insider Trading · 20 June, 2025What are the requirements for Listed companies when it comes to adherence to SEBI PIT regulations 2015?
Compliance with SEBI's PIT Regulations is not a one-time activity but a continuous effort to ensure a fair and transparent market for all stakeholders. It has a direct impact on the reputation of the company and its senior management.
Digital · 13 June, 2025Factsheets that never expire. How InterActive Factsheets ensures that efforts put in by multiple teams is not wasted?
There is a lot of effort by multiple teams to ensure that factsheets carry accurate information and get published on time. Yet its shelf-life is often limited to a few days as information in it can get stale.
Operations · 6 June, 2025Why are Mutual Funds increasingly adopting Bloomberg AIM?
A number of Mutual Funds in India are adopting it for its scalability and ability to streamline complex workflows.
Insider Trading · 30 May, 2025What needs to be submitted to the board of a listed company in terms of SEBI PIT regulations?
Under the SEBI (Prohibition of Insider Trading) Regulations, 2015, the Board of Directors of a listed company has significant responsibilities for oversight and compliance.
Operations · 23 May, 2025What is TREPS and how does it work?
The TREPS system facilitates borrowing and lending of funds, primarily by institutional participants like mutual funds, banks, and other financial institutions.
Operations · 9 May, 202510 Questions to ask your Automation vendor when streamlining operations?
It's crucial to look beyond just the features of their software as you're not just buying a tool but entering a long-term partnership that will impact your entire organization in terms of time and money.
Others · 2 May, 2025Give your Board or Audit Committee the comfort they seek in effectively tracking KRIs and KCSAs
Your Board members need a clear, strategic, and concise overview of the company's risk profile. The goal isn't to overwhelm them with every minor risk, but rather to demonstrate a proactive, well-governed, and effective system that protects the company's and its stakeholders.
Insider Trading · 25 April, 2025What does one mean by affirmative defense in Insider trading as per SEC in USA?
The affirmative defense provided by Rule 10b5-1 shifts the focus of an insider trading investigation from whether the insider was aware of MNPI while executing the trade or not.
Insider Trading · 18 April, 2025What are the insider trading regulations in the USA as per the SEC?
The core of US insider trading law is Rule 10b-5, which falls under Section 10(b) of the Securities Exchange Act.
Insider Trading · 11 April, 2025What is NSEs CBRICS platform. How different is it from EBP?
In simple terms, a company might use the EBP to issue a new NCD, and once that NCD is listed and begins trading, all subsequent secondary market trades of that NCD would be reported and settled through platforms like CBRICS.
Insider Trading · 4 April, 202515 point Compliance Checklist for Listed Companies: SEBI (Prohibition of Insider Trading) Regulations, 2015
How confident are you on adherence to SEBI PIT regulations? Do you have a software but are not so confident as it serves the purpose? Use this checklist to get a quick grasp of where you stand?
Insider Trading · 7 March, 2025Novus Velox UPSI/SDD now with Account aggregator and NSDL CAS integration
Completely automate trade reporting and Initial holding capture with Novus. Proactively track employee submissions with actual holdings and trades.