| Finovo | In-house build | Status quo | |
|---|---|---|---|
| Time to first UCC push | 48 hours | 4–6 months | weeks per client |
| SEBI circular updates | shipped in the same week | your team back-of-queue | reactive only |
| eKYC pass-rate | 92–96% (India-tuned) | 70–80% typical first year | unmeasured / unowned |
| CDSL + NSDL + KRA + CVL | included, single contract | four vendors, four SLAs | partial coverage |
| WhatsApp KYC | included | multi-quarter build | not offered |
| Delhi NCR / Mumbai support | same-day escalation | depends on engineer bandwidth | ticket-based |
Most SEBI-registered brokers and NBFCs are live in production within 48 hours of contract signing. Our eKYC, re-KYC and account-closure APIs plug into your existing back-office (Omnesys, NEST, IBT or a custom stack) with a single API key; there is no code re-write on your side. Full white-label with your logo, custom domain and CIBIL/CERSAI integrations takes 3–4 weeks.
Yes. Finovo is used by 55+ SEBI-registered stock brokers, NBFCs and insurance intermediaries in India. Our platform is audited annually against SEBI's Cybersecurity and Cyber Resilience framework, RBI's IT Framework for NBFCs and IRDAI's Information & Cybersecurity Guidelines. When SEBI, RBI or IRDAI ship a circular, our platform typically ships the required change within the same week — you upgrade, you don't rebuild.
All of them. Finovo's eKYC engine runs Aadhaar-OTP (UIDAI), Aadhaar-Biometric, DigiLocker OAuth (CDSL + NSDL), CVL KRA lookup + solicit, CKYC download, PAN 2.0 + PAN-Aadhaar seeding, offline Aadhaar XML, Passport-MRZ OCR, and RBI-mandated Video KYC with liveness + interviewer scheduling. Every flow is India-first and available over web, mobile SDK and WhatsApp.
Yes — Finovo runs full-fidelity KYC and re-KYC over WhatsApp Business API. Clients complete PAN + Aadhaar + DigiLocker + video + signature entirely inside WhatsApp; no app install, no browser handoff. Completion rates run 3x higher than web on the same client base. Every WhatsApp session mirrors back to your admin panel for audit.
Finovo prices per successful KYC — you pay only when the client is verified and pushed to BSE/NSE UCC. No per-attempt charges, no monthly minimums for the vanilla tier, no lock-in. Enterprise tier (white-label, custom domain, dedicated support) adds a small platform fee. Book a demo for a written quote — most brokers see 30–60% lower per-KYC cost vs. their current vendor.
Yes. Finovo is designed to plug into existing broker back-offices (Omnesys, NEST, TradeStation, ACS, Skunkworks) and CRMs (LeadSquared, Salesforce, Zoho) via REST APIs and webhooks. We do not require you to migrate — we sit alongside, handling KYC/re-KYC/account-closure/mandate flows, and push structured payloads into your existing systems of record.
Finovo is headquartered in New Delhi with support engineers on the ground in Mumbai and Bangalore. For our top 20 broker clients we offer same-day on-site escalation in Delhi NCR, Mumbai, Bangalore, Chennai, Kolkata, Hyderabad, Pune and Ahmedabad — no ticket queue, no time-zone lag. Every client gets a named account manager.
All KYC data is stored on AWS Mumbai (ap-south-1) with multi-AZ redundancy — never leaves India. TLS 1.3 in flight, AES-256 at rest, HSM-backed key management. Every KYC flow generates a signed, timestamped audit log covering every OTP, every document fetched, every officer approval; retained 8 years per SEBI mandate, exportable on demand for regulator inspections and internal audits.
Yes — this is a first-class feature. Finovo supports unlimited sub-broker / AP hierarchies with per-node branding, per-node commission tracking, per-node compliance approval workflows, and DRA-referral attribution. Especially popular with mid- and large-cap brokers running 500+ AP networks across India.