Kotak Securities - Kotak Securities Introduces ‘Security Key’ to Safeguard Online Transactions

Kotak Securities Limited, the banal broking arm of the Kotak Mahindra accumulation today appear the accomplishing of Entrust Identity Guard from Entrust Inc. for its customers. In befitting with Kotak Securities’ charge to accommodate optimal online aegis for its chump to access the assurance of online trading, the Security Key band-aid uses the abstraction of a bifold countersign system. The aegis key generates a activating and different six-digit countersign every time it is switched on. The chump has to login with his ID, countersign and this activating cipher to be able to transact online. It is a convenient artefact enabling risk-based affidavit that allows Kotak Securities to administer an adapted akin of aegis and reduces the affairs of counterfeit practices.

According to Mr. D. Kannan, Executive Director, Kotak Securities Ltd., “At Kotak Securities, we accept the accent of attention the investments of our customers; and that is absolutely what a trusted aegis expert, such as Entrust will do, to addition the aplomb of our barter and brainwash assurance in our brand."

“Risk-based affidavit — even via a Security Key — shouldn’t be amount prohibitive,” said Entrust Chairman, President and Chief Executive Officer, Mr. Bill Conner. “Enabling defended affairs through the online approach creates greater assurance for both the alignment and the customer. By alms able affidavit to its customers, Kotak proactively protects its barter and its casting online, and we acclaim them for that.”

Mr. Ramesh Lakshminarayanan, Group Head of IT & Infrastructure, Kotak Mahindra Group., speaking about the implementation, said, “Kotak consistently has been admiring to the able akin of aegis that accouterments Security Keys provide, and now that they are accessible at a amount able amount from Entrust we can apply one of the arch methods of affidavit available.”

Shreya Das
Kotak Securities Ltd.
E-mail:
shreya.das@kotak.com
9920224381

Kotak Securities Limited is a accessory of Kotak Mahindra Bank Limited and is the banal broking arm of the Kotak Mahindra Group. With a bazaar allotment abutting to 7.3%* of circadian volumes, it is one of the India’s arch banal broking house. Kotak Securities processes over 300,000 accessory bazaar trades accustomed and manages a huge disinterestedness asset basin with over Rs. 3300 crore beneath management. Awarded the Number One “Prime Ranking” in 2004, it is one of the arch distributors of Initial Public Offers (IPO). Kotak Securities has been a benefactor for some of the a lot of acknowledged issues in the country. It has aswell been the champ of abounding celebrated awards such as – ‘Best Performing Equity Broker in India’ by CNBC – TV 18 – Optimix Financial Advisory Awards 2008. It offers a advanced ambit of banking articles for its investors, including Stocks and Shares, IPOs, Mutual Funds and Derivatives. Kotak Securities, today, has 877 outlets in 321 cities, application over 4.30,000 customers.