Orbis is the brand name of Orbis Financial Corporation Limited, a company established in 2009, registered in India, and headquartered in Gurgaon. As a securities custodian, Orbis provides tailored services in the financial markets for investors across various sectors to help them manage their investment activities. Its clientele includes both domestic and international institutional investors, Foreign Portfolio Investors (FPIs), corporations, and high net worth individuals.
As a custodian, Orbis is registered with the Securities and Exchange Board of India (SEBI) as a Designated Depository Participant (DDP) and holds clearing member status in various areas including NSE, BSE, MSEI, and MCX.
Additionally, Orbis is registered with SEBI as a Category I Registrar and Share Transfer Agent and has established connections with the depositories NSDL and CDSL. Through its subsidiary Orbis Trusteeship Services Private Limited, Orbis provides trusteeship services. Orbis Trusteeship Services Private Limited is registered with SEBI as a trustee and conducts bond trusteeship activities under the SEBI (Debenture Trustees) Regulations, 1993, Clause 8. It is also authorized under Orbis Trusteeship Services Private Limited to undertake administrative, asset management support services, and custody services under the International Financial Services Centres Authority (IFSCA) in India.
Orbis’s solutions include custody services, registrar and share transfer agency services (RTA services), and trusteeship services. Its products comprise Designated Depository Participant services, custody and clearing services, derivatives clearing services, fund accounting, and client reporting services, forex execution, trusteeship services, and registrar and share transfer agent services (RTA services), among others.
The Designated Depository Participant services empower Orbis to conduct due diligence on investors, issue Foreign Portfolio Investor (FPI) registration certificates, enabling eligible foreign investors to invest in India through the FPI route.
In terms of custody and clearing services, Orbis is a SEBI-regulated custodian and a participant in the depositories NSDL and CDSL, helping clients choose the depository as needed and hold securities in electronic form.
Orbis provides derivatives clearing services, including collateral management services that involve accepting clients' non-cash collateral as deposit with clearing corporations, providing daily activity reports and position reports, and utilizing advanced systems capable of handling large volumes of data.
Fund accounting and client reporting services cover daily profit and loss record-keeping, timely calculation of Net Asset Value (NAV), trade, position and cash reconciliation, fund-level and beneficiary-level accounting, maintenance of books and records, preparation of annual audit reports for auditors, fee calculation, price verification, end-of-day valuation, handling of corporate actions and accrued income, and more. It also offers detailed reports and charts, including custom reports, interfaces between fund managers and investors, multi-currency accounting capabilities, comprehensive fund accounting services (including financial and compliance oversight), tax and legal management services (in collaboration with preferred partners), and financial reporting.
Registrar and share transfer agent services (RTA services) involve managing the complex administrative work associated with securities on behalf of issuers, including supporting initial public offerings, maintaining securities registration, shareholder relations consultation, and securities management advice.
