- Business
- SecMark Consultancy Limited (SECMARK.NS) provides consulting, technology, and outsourcing services to financial market participants in India, specializing in compliance, operations, risk management, and software solutions for brokers, depository participants, portfolio managers, and investment advisors. The company offers core products including the TradePlus suite of back-office software for equity and commodity brokers, institutional broking, depository participants, portfolio managers, and E-DIS; compliancesutra.com for anti-money laundering and e-learning; custom software development; as well as services such as IT infrastructure management, system audits and cyber security, forensic audits, compliance assistance, litigation and arbitration support, HR services, and business setup including regulatory licensing and AML processes. Founded in 2011 and headquartered in Mumbai, Maharashtra, SecMark operates primarily in the Indian financial services sector, serving over 200 clients with a focus on automating workflows, regulatory reporting, and workforce management. In March 2024, the company entered into a software purchase agreement with Comtek Software Systems LLP, acquiring intellectual property rights to applications including BusyWin back-office share accounting, BusyCDSL for CDSL depository participants, BusyPFA personal financial accounting, BusySign digital signatures, BusySMS, arbitrage and sub-broker back-office software, document management tools, and the domain comtek.in, alongside a consultancy agreement for ongoing development and maintenance. Recent board actions include the appointment of new internal auditors for FY 2025-26, grant of 199,200 stock options in April 2025, and re-appointments of independent directors in August 2024, reflecting ongoing governance enhancements.