TechRisk - Live Risk Management Software | Real-Time RMS for Brokers

55+

Live Screens & Modules

15min

Broker Peak Margin Snapshots

33

Built-In Alert & PMLA Jobs

14

Exchange Segments Supported

13

Segments on Live Broadcast

70+

Files Auto-Fetched Daily

Real-Time Risk, Margin & Exposure Monitoring

TechRisk is TechExcel's live risk management system for stock brokers and trading members. It consumes exchange multicast broadcast and trade feeds continuously, revalues every client position, and enforces margin, exposure and capital limits across your whole book — member, segment, branch, sub-broker, client group and individual client — in real time.

Every number on screen is drillable down to the contract and trade that produced it, so your risk desk moves from a breach alert to the responsible position in a couple of clicks — not a couple of hours.

Live Monitoring & Full Client Risk View
Traded & non-traded client risk on one screen

BOD, EOD & Peak Margin
Full margin lifecycle with variance analysis

SPAN, Greeks & Payoff Calculators
Built-in what-if tools, no external software

15-Minute Broker Peak Margin
Intraday snapshots taken every 15 minutes

33 Alert Jobs, 4 Channels
WhatsApp, SMS, email & in-app notification

Designer-Built Dashboards
Per-user deskboards from a widget library

How TechRisk Works

From exchange packet to enforced limit — continuously, all day

1. Broadcast Capture

Exchange multicast feeds captured through configurable connection masters, monitored on a live Broadcast Dashboard.

2. Trade & BOD Intake

Trade sources, format maps and BOD file pickup bring in trades, positions, collateral and margin files automatically.

3. Risk Engine

Positions revalued and margins recomputed continuously, with a 15-minute peak margin snapshot taken through the day.

4. Dashboards & Drill-Down

Risk lenses, deskboards and full-view screens present exposure with drill-down to client, scrip and trade.

5. Alert & Enforce

Breaches raise alerts and notifications, are logged for audit, and exported to RMS for limit action.

Fully Automated

Zero Manual File Uploads

70+ files fetched every day, unattended — nobody downloads a bhavcopy or unzips a SPAN file again

Masters & Contracts

Scrip and contract masters, every segment
Currency and commodity contract files
SLB security master
Scrip–series mapping, holiday master, depository files

Prices & Bhavcopy

Bhavcopy for every exchange and segment
Previous close and opening price files
Volatility and contract delta files
Auto-extraction from .gz / .zip archives

Risk Parameter & Margin

SPAN risk parameter files, all exchanges
MCX and NCDEX risk parameter files
Daily margin and exposure files
Applicable exposure limit (AEL) and ELM reports

Limits & Surveillance

Security ban list
Market wide position limit files
Open interest client limit files
ASM / surveillance measure lists

Back-Office Sync

Client master and segment activation
Ledger balances and ageing
Holdings, stock, portfolio, collateral and pledge
MTF funding, brokerage, opening positions, live trades

Monitored, Not Just Fired

Status, row count and processing seconds per file
Last-success time as proof of freshness
Error codes captured; success and error files archived apart
Per-file schedule, order, enable/disable and pause
Automated BOD process and flush

Complete Module Walkthrough

Every functional area of TechRisk, module by module

01

Dashboards & Risk Lenses

Eight dedicated dashboards plus unlimited user-designed deskboards

Instead of one crowded screen, TechRisk gives each risk concern its own lens. Every dashboard refreshes from the live feed and drills through to the underlying clients, contracts and trades.

Risk Lens Dashboards

Margin Dashboard — margin utilisation, available vs used, shortfall build-up
Turnover Dashboard — live turnover by segment, client and dealer
M2M Dashboard — mark-to-market profit & loss movement through the day
Risk Dashboard — consolidated risk score, breaches and worst-exposed clients
Market Watch — live prices for the instruments your book is actually exposed to
MTF Dashboard — real-time MTF trade fetch, margin, limit breaches and concentration detailed below
Broadcast Dashboard — feed health, packet flow and connection status
Notification Dashboard — what was sent, to whom, and whether it landed

Personal & Client Dashboards

My Deskboards (I–IV) — four independent, fully user-configurable dashboards per login
Client Dashboard — single-client 360° view of risk, margin, positions and P&L
Client Deskboard — client-centric layout built from the same widget library
Dashboard Designer — drag-and-drop widget placement, sizing and saved layouts
Widget library — margin, M2M, turnover, portfolio, holding, position, delta, MTF, pick-margin and risk cards
Universal drill-down — any widget number expands into its full detail grid
Smart Reports client desk — report-driven client view for relationship teams

MTF Dashboard — Real-Time Margin Trading Control

Real-time MTF trade fetch
Live MTF margin calculation
Live MTF margin shortage per client

Client-wise limit breach
Scrip-wise and client-wise limit breach
Top scrip and top client concentration

Full MTF operations — pledge management, interest accrual and billing, approved-scrip lists and SEBI reporting — are covered by the dedicated MTF — Margin Trading Facility product.

02

Live Monitoring & Client Risk

The risk desk's primary working screen

Live Monitoring is where the dealing and risk desk sits all day. It shows every client's live risk position — and, critically, separates clients who have traded today from those who have not but still carry overnight risk.

Live Monitoring

Live risk view for traded clients, refreshed off the broadcast feed
Separate non-traded client risk view for carried-forward exposure
Ledger, collateral, margin, MTM and exposure on a single row
Configurable columns, sorting, grouping and saved filters
Colour-coded utilisation bands so breaches are visible instantly
Circuit Risk Watch — flags positions drifting toward their circuit band, where the real danger is not the loss but being unable to exit at all
Export to Excel and scheduled snapshot capture

Client Risk (Full View)

Everything known about one client on one screen
Cash, collateral, holdings, pledge and available limit
Segment-wise margin requirement vs margin available
Open positions with live valuation and per-leg MTM
Today's trades, turnover and realised/unrealised P&L
Shortfall ageing and history of past breaches

Ledger Balance Collateral Value Margin Available Margin Utilised Margin Shortfall Live MTM Exposure Utilisation % Net Buy/Sell Value Open Interest

03

Margins — BOD, EOD, Peak & Explorer

The full margin lifecycle, with the reconciliation tools regulators expect

TechRisk tracks margin at every point in the day — the beginning-of-day position, the intraday peak snapshots that determine penalty, and the final end-of-day requirement — and lets you explain any difference between them.

Client Margin (BOD)

Beginning-of-day margin per client and segment, built from exchange and clearing files picked up automatically before market open.

Client Margin (EOD)

End-of-day margin requirement with full component breakdown — SPAN, exposure, ELM, VAR, delivery and additional margins.

EOD vs Peak Margin 15 min

TechRisk takes its own broker peak margin snapshot every 15 minutes through the trading day, then compares the highest snapshot against end-of-day margin — so your upfront margin penalty exposure is known the same day, not when the exchange file arrives.

Margin Explorer

Tree-style explorer that decomposes a client's total margin down through segment, component and contract to show exactly what is driving the number.

Scrip & All-Scrip Margin

Applicable margin percentages for every scrip and contract, with per-scrip detail and broker-level overrides.

SPAN & Payoff Calculators

What-if SPAN margin calculation on hypothetical baskets, plus payoff analysis to see the P&L profile of a proposed option strategy before it is allowed.

Bill Calculator

Full brokerage and bill computation with all statutory charges — and, unusually, it works both ways: forward from a trade to the net bill, or reverse from a target net amount back to the required rate. Ideal for quoting a client an all-in price.

MTF Calculator

Works out margin trading facility funding, client contribution, applicable haircut and interest implication before a position is taken — so an MTF trade is priced and approved up front rather than questioned later.

Option Premium & IV

Black-Scholes option pricing on an NSE basis — theoretical premium, implied volatility, historical volatility and the full set of Greeks, with every input overridable. Detailed below.

Option Premium & IV

Black-Scholes pricing on an NSE basis
Theoretical premium per unit and per lot
Implied volatility solved from market premium
Historical volatility alongside for comparison
Edge — theoretical vs market price
Every input overridable — spot, vol, rate, premium
Flags when IV genuinely has no solution

Greek Console

Drill tree: Client → Exchange → Scrip → Contract
Theta bleed — ₹ lost to time decay per day
Vega — ₹ per volatility point
Delta-gamma shock P&L at ±1% and ±2%, configurable
Live calculation or BOD snapshot
Positions without Greeks flagged uncovered, never dropped
Keyboard driven, server-paged

Greeks Across the Book

Delta, Gamma, Vega, Theta, Rho — per unit and per lot
D1 / D2 model intermediates shown
Computed and stored for every contract by a scheduled process
Position Greek = net quantity × contract Greek
Feeds F&O Delta Position for delta-weighted exposure
Calculator and stored Greeks share one model — they cannot disagree

Margin components handled: SPAN Exposure ELM VAR Extreme Loss Ad-hoc / Additional Delivery Margin Physical Delivery MTM Margin Peak Margin Upfront Margin Cross-Margin Benefit Span Exclude Expiry rules

04

Positions, F&O, Delta & Delivery

Position risk that goes beyond a simple net quantity

Outstanding Positions

Live net positions by client, segment, expiry, strike
Carry-forward vs intraday separation
Live valuation and contract-level MTM
Concentration and single-scrip exposure limits

F&O Delta Position

Delta-equivalent exposure across futures and options
Underlying-level risk, not raw lot counts
Hedged legs netted off
Driven by stored per-contract Greeks

Short Delivery & Cash Short Sell

Cash short sell vs demat and pool holdings
Delivery shortfall before settlement
Auction risk ahead of the exchange file
Client-wise short quantity, value and ageing

Physical Delivery

Compulsory delivery tracking for stock F&O
Expiry-week margin escalation visibility
Client-wise deliverable quantity and funding
Early warning before the expiry crunch

05

Collateral, Limits & Collection

Know exactly what is backing every client's exposure

Margin is only meaningful against the collateral actually available. TechRisk values cash, securities and pledged holdings continuously, applies the right haircut, and shows allocated versus consumed limits at every level of your hierarchy — so shortfall is visible while there is still time to fund it.

Limits & Shortfall

Limit Reports — allocated vs consumed limits down to branch and client
Shortfall — live margin shortfall with ageing buckets
Margin Collection — what has been collected, what is still due, and from whom
Limit utilisation bands with warning and breach thresholds
Branch, sub-broker and dealer level limit allocation
Single-scrip and segment concentration ceilings
Limit files exported to your trading terminal / RMS

Collateral & Collection

Collateral Details — cash, cash-equivalent, securities and pledge collateral per client
Margin Collection — what has been collected, what is still due, and from whom
Haircut application per security and category
Cash vs non-cash collateral ratio monitoring
Pledge and re-pledge position with depository linkage
Shortfall ageing buckets for funding decisions
Common collateral shared across segments where permitted

06

Alerts, Surveillance & Client Notification Engine

33 ready-built alert jobs · 4 delivery channels · change-based triggering

This is far more than margin alerting. TechRisk ships 33 ready-built alert jobs spanning risk, margin, market surveillance and PMLA compliance — the exact exception reports your compliance officer is expected to review and evidence during a SEBI or exchange inspection. Each arrives pre-defined, on its own schedule, with a plain-English description of what it detects and why it matters.

Four Delivery Channels

WhatsApp

Margin calls and trade confirmations straight to the client's phone

SMS

Trade confirmation and breach SMS, mapped per client mobile number

Email

Detailed statements and exception reports to clients and staff

In-App Notification

Notification Inbox on the risk desk, with a live delivery dashboard

Change-Based Triggering

Fires only when the watched value actually moves — no alert fatigue, no duplicate spam to clients
Watches shortfall, MTM loss, delta quantity, collateral value, turnover
Group-by rules aggregate per client and date, not per row

Per-Job Scheduling

Interval per job — 5, 15, 30 or 60 minutes
Active window per job — short delivery 15:30–20:00, ban-scrip 09:00–15:30, EOD margin rise 16:30–20:00
Interval or fixed run-times mode; enable, disable or pause any job
Last-run tracking with updated-by and updated-on audit

The Built-In Alert Library

Margin & Collateral

Margin Shortfall
MTM Loss Breach
EOD Margin Rise
Limit Shortfall
Collateral Value Drop
Unpriced Collateral
Margin Rise (Surveillance)
MTM Loss (Surveillance)
Collateral Drop (Surveillance)

Position & Delivery

Ban Scrip Position
NPH Limit Breach
NPH Limit (Surveillance)
Short Delivery
Short Delivery (Surveillance)
Portfolio Day Loss
Equity Trading P&L

Market Surveillance

Self Trade
Volume Concentration
Family Group Concentration
Illiquid Scrip Trade
5% Price Variant Trade
ASM Scrip Trade
High Day Turnover
Delivery Trade > ₹1 Cr

PMLA & Client Risk

Income vs Trade Comparison
High-Risk Fresh Trade
Dormant Account Trade (180+ days)
Inactive Account Trade
New Account High Value
NRI Fresh Trade
CSC Fresh Trade
Equity Pay-In > ₹10 Lakh
Trade Confirmation

Alert Management Screens

Notification Setup — data set, watched columns, channel, window, client mobile/email mapping
Notification Log — full send history with status
Notification Dashboard — live delivery health per channel
Alerts screen — trade-level exception reports, including internal / circular trade detection between your own clients, plus ASM and ban-scrip lists
Any alert publishable to a deskboard, client desk, notifications or all users

EOD Export & Permanent Archive

Automatic nightly export of every alert and report type to Excel
Multi-date historical search — from-date, to-date and report type, then download
Held in the database, not on a file share — cannot be quietly deleted or lost
On-demand generation of one type or all types at once
Provenance recorded — nightly job or named user
Export types configurable; archive restricted to head office

07

Day-to-Day Operations, P&L & Portfolio

The operational reporting the risk desk needs alongside risk

Turnover

Segment-wise and client-wise turnover views, with summary and detail levels.

Trade Register

Full trade book with summary roll-up, searchable across every source and segment.

Pay-In / Pay-Out

Funds and securities pay-in and pay-out obligations with settlement linkage.

Portfolio

Client portfolio holdings with live valuation, plus a portfolio summary lens.

Trading Profit & Loss

Realised and unrealised P&L by client, scrip and segment, reconciled to trades.

NCMS CP Modification

Institutional trade receive and custodial participant code modification, straight through to the clearing corporation.

Institutional Trade Receive & CP Modification

Direct clearing-corporation API — no file exchange, no re-keying
Three-request exchange: authenticate → download CP trades → submit CP modification
Request sequencing and single-use values prevent replay or duplication
Latest batch stored locally for review against your own records
Corrected CP code submitted inside the cut-off window
Head-office only — branches and dealers cannot reassign a custodial code

Segment Coverage CM F&O CD

Each segment addressed independently, so a correction goes to the right place.

08

Market Data & Broadcast Infrastructure

The live data layer that makes everything above real-time

Broadcast & Feed Management

Multicast connection master — configure each exchange feed independently
Broadcast Setup screen for connection, port and group definition
Broadcast Dashboard with live packet and connection health
Automatic detection of feed drop or stale prices
Trade Sources Management with per-source verification
BOD File Config for scheduled network pickup of start-of-day files

Market Views & Live Data Access

Market Watch dashboard focused on your exposed instruments
Equity Gainers / Losers for the day's movers
SLB Market Watch with built-in Opportunity Finder detailed below
Live Excel — stream live risk and price data straight into a spreadsheet

Vendor-Agnostic Trade Intake

Multiple vendor sources active at once
New vendor onboarded by configuration, not code
Trade Format Map — columns, delimiters, date formats
Per-source verification, row counts and error capture
Processing order for dependent files

Product Code Translation

Each vendor's product code mapped to internal treatment
Delivery trades margined as delivery
MTF trades routed to MTF funding and limits
Intraday vs carry-forward distinguished
No manual re-tagging after import

SLB Market Watch

Opportunity Finder — client holdings matched to borrow demand
Click a scrip to see who can lend
Live book: best bid/offer, LTP, volume, open position
Annualised yield % p.a. and spread vs cash & futures
Borrow-margin calculator — fee + price + VaR% + ELM%
Rollover vs Series A/B detection, auto-refresh

TechExcel NSE Drop Copy Separate Product CM FO CD CO

Independent trade confirmation record captured straight from the NSE drop-copy stream, for reconciliation against your own trade files. In-built executable for multi-file export, direct database write and Redis publishing. Licensed standalone — see the Product Family below.

09

System, Security & Administration

Enterprise controls, because a risk system is itself audited

Security & Access Control

2FA via Google Authenticator — TOTP enrolment, activation and deactivation per user
IP-based login security — restrict a login to known addresses
Branch hierarchy entitlement — a branch manager sees their own branch and everything beneath it, never a sibling branch's book
User management, user groups and granular per-screen permissions
Password policy, forced change, forced logout and active session control

Audit & Logging

Insert and update user plus IP stamped on every record
Change history retained for every master
Log Management console and notification send log
Record-level lock control
Inspection-ready audit trail end to end

Configuration & Data System settings, trade sources, trade format maps, broadcast setup, BOD file config, SPAN expiry rules, software updates, Download Center and replication — all administered in-application.

Dark & Light Mode A per-user theme toggle that persists across sessions — dark for desks watching screens all day, light for management reading reports. Light Dark

Under the Hood

Dedicated engine services behind the screens — not one monolithic batch job

SPAN Extraction Engine

Parses exchange SPAN risk parameter files into usable margin parameters, with a separate purpose-built engine for NCDEX agri contracts.

Notification Engine

Independent dispatch service that evaluates trigger rules, renders templates, delivers on each channel and writes the send log.

Alert Export Job

Scheduled job that pushes alerts and limit data out to RMS, Excel and downstream systems without manual intervention.

Trade Format Mapper

Maps any incoming trade file layout onto the internal model, so a new broker, exchange or vendor format is a configuration task.

Audit Log Service

Centralised audit writer stamping user, IP and timestamp on inserts and updates across every master and transaction.

Update Service

Controlled in-place software updates so risk desks move to a new build without a manual deployment exercise.

Config Export

Exports system configuration for backup, review and promotion between test and production environments.

Deskboard Definition Service

Stores and serves per-user dashboard layouts and widget definitions, driving the Dashboard Designer.

Runs on your own infrastructure — on-premise or in your private cloud.

Exchanges & Segments Covered

14 live exchange segments across 4 exchanges — one risk system for your entire book

Exchange	CM Capital Market	F&O Derivatives	CD Currency	SLB Lend/Borrow	EGR Gold Receipts	Live Feed Broadcast
NSE National Stock Exchange						Live
BSE Bombay Stock Exchange						Live
MCX Multi Commodity Exchange	—	—	—	—	—	Live
NCDEX Agri Commodity Exchange	—	—	—	—	—	15 min delay

Each exchange segment is configured independently — its own member code, trade file path, broadcast connection and margin treatment.

Real-time multicast broadcast covers 13 segments across NSE, BSE and MCX. NCDEX is fully supported for trades, positions, SPAN margining and risk — its price feed runs on an approximately 15-minute delay rather than true real-time.

Built For Every Risk Role

Risk / RMS Desk

Live Monitoring, Client Risk Full View and alert inbox as the all-day working surface, with drill-down to the offending trade.

Dealing Desk & Branches

Branch and sub-broker level limit reports, turnover and shortfall views so each desk sees only its own book and stays inside its allocation.

Compliance & Audit

Peak vs EOD margin evidence, notification logs, log management and user/IP stamped audit trails for inspection.

Management & Owners

Personal deskboards and risk lenses giving firm-wide exposure, turnover and capital health without waiting for a report.

Why Brokers Choose TechRisk

Real Time, Not Near Time

Direct exchange multicast capture means risk is current, not a few minutes stale.

Explainable Numbers

Margin Explorer and universal drill-down mean you can always answer “why is this number what it is?”

Configurable, Not Custom

Trade format maps, margin settings, alert rules and screen entitlements adapt the system without a code release.

Never Fakes a Number

Where a figure genuinely cannot be computed, TechRisk says so — unpriced collateral, unsolvable implied volatility and uncovered positions are all flagged, never quietly excluded.

The TechRisk Product Family

Licence the risk platform in the shape your desk actually works — plus two specialist products alongside it

TechRisk with Broker RMS

The complete house risk desk.

Full real-time risk across the whole book — margin, exposure, MTM and limits enforced from member level down to the individual client, with every module on this page and all 33 alert jobs.

TechRisk with Dealer-Based RMS

Risk control down to the individual dealer.

Dealer-wise limit allocation and utilisation, breaches raised against the responsible dealer, and dealer-scoped views — accountability per desk instead of one pooled number.

TechRisk with Real-Time Early Pay-In

Turn early pay-in into same-session margin relief.

Early pay-in of securities cuts the margin you carry — but only once recognised. Picked up in real time and reflected straight into live margin and shortfall, cutting avoidable penalty.

TechRisk Institutional Trade Feed

Institutional trades, straight into the back office.

Custodial participant trades received directly from the clearing corporation, CP code correction inside the cut-off window across CM, F&O and CD, then a clean handoff to back office processing.

Most brokers start with Broker RMS and add editions as the desk grows. Tell us how your risk function is organised and we will recommend the combination — and show it running on your own segments.

Discuss Your Requirement

Core Operations

Client Solutions

Branch Solutions

Advanced Features

TechRisk – Live Risk Management Software

55+

15min

33

14

13

70+

Real-Time Risk, Margin & Exposure Monitoring

How TechRisk Works

1. Broadcast Capture

2. Trade & BOD Intake

3. Risk Engine

4. Dashboards & Drill-Down

5. Alert & Enforce

Zero Manual File Uploads

Masters & Contracts

Prices & Bhavcopy

Risk Parameter & Margin

Limits & Surveillance

Back-Office Sync

Monitored, Not Just Fired

Complete Module Walkthrough

Dashboards & Risk Lenses

Risk Lens Dashboards

Personal & Client Dashboards

MTF Dashboard — Real-Time Margin Trading Control

Live Monitoring & Client Risk

Live Monitoring

Client Risk (Full View)

Margins — BOD, EOD, Peak & Explorer

Client Margin (BOD)

Client Margin (EOD)

EOD vs Peak Margin 15 min

Margin Explorer

Scrip & All-Scrip Margin

SPAN & Payoff Calculators

Bill Calculator

MTF Calculator

Option Premium & IV

Option Premium & IV

Greek Console

Greeks Across the Book

Positions, F&O, Delta & Delivery

Outstanding Positions

F&O Delta Position

Short Delivery & Cash Short Sell

Physical Delivery

Collateral, Limits & Collection

Limits & Shortfall

Collateral & Collection

Alerts, Surveillance & Client Notification Engine

Four Delivery Channels

WhatsApp

SMS

Email

In-App Notification

Change-Based Triggering

Per-Job Scheduling

The Built-In Alert Library

Margin & Collateral

Position & Delivery

Market Surveillance

PMLA & Client Risk

Alert Management Screens

EOD Export & Permanent Archive

Day-to-Day Operations, P&L & Portfolio

Turnover

Trade Register

Pay-In / Pay-Out

Portfolio

Trading Profit & Loss

NCMS CP Modification

Institutional Trade Receive & CP Modification

Market Data & Broadcast Infrastructure

Broadcast & Feed Management

Market Views & Live Data Access