Innovation sandbox was launched to provide testing and knowledge platform for innovators in Indian securities market. Various types of innovators like startups, fin-techs, education institutes and individuals can use this platform for testing their products.

BSE as one of the MII, participated in the initiative by providing a test environment and sharing file formats with the applicants/sandbox users.

One of the leading start-up firms, 'ArthaChitra' approached the innovation sandbox committee. ArthaChitra is a desktop based pure front-end charting, analytical and trading platform. ' ArthaChitra' has features such as Advanced Charting, apply indicators and drawing objects, Trade directly from charts, Advanced Depth of Market (DOM), Trade directly from the DOM, apply custom scripts to display custom metric and much more…

The proposal was reviewed by the Innovation Sandbox Steering committee. BSE was requested to support applicant in its endeavor.

BSE suggested ArthaChitra to use BOW API for the purpose. Full specification, sample files and BOW API were provided to ArthaChitra to enable them to develop the prototype. after the development, ArthaChitra had presented the solution to Innovation sandbox steering committee. ArthaChitra would develop an analytical platform which not only has in-built analytical features, but also lets users develop their own their own metrics. SharpScript, the scripting language of ArthaChitra is a C# (.Net Framework) based scripting language and lets you code a host of business objects including Indicator, Strategies, BarType & ChartStyle, Drawing objects, Market Scanner Columns And much more….

The Innovation Sandbox Programme not only gave ArthaChitra the opportunity but also provided them a platform to showcase our product in a seamless manner. The Sandbox Environment (BOW API) was provided by BSE. ArthaChitra did confirm that the BOW API is comprehensive in nature and have all the parts to test and build a robust trading platform.

We hope the new service would provide ArthaChitra a great opportunity to consolidate the investment data and provide premium value added services to its users.

If you intend to innovate in capital market space and looking for easy plug and play options with some real data. Do connect with us via SEBI’s Innovation Sandbox program. We would be happy to transform your ideas into reality.

Innovation sandbox was launched to provide testing and knowledge platform for innovators in Indian securities market within the regulatory framework. Various types of innovators like startups, fin-techs, education institutes and individuals can use this platform for testing their products.

CDSL as one of the MII, participated in the initiative by providing a test environment and sharing file formats with the applicants/sandbox users.

One of the leading Indian Fintech, 'Finzoom' approached the innovation sandbox committee. Their financial app IndMoney' is a leading app for portfolio and investment tracking. They proposed to use the investor holding and transaction information from Depository to provide value added service to investors. The proposal was reviewed by the Sandbox committee and SEBI. CDSL was requested to support applicant in its endeavor.

CDSL suggested Finzoom to use unformatted account statement (in data format) for the purpose. Full specification and sample files for the account statement were provided to Finzoom to enable them to develop the prototype. Finzoom after development had presented the solution to Innovation sandbox committee. Finzoom would develop dashboards and reports to users using the data. This data is available for all the investors on CDSL website application for investors. Its investor's choice to download this data and make it available to Finzoom or any other organization who can develop facility to consume this data.

We hope the new service would provide Finzoom a great opportunity to consolidate the investment data and provide premium value added services to its users.

We are pleased to find that Nerve Solutions has successfully completed Stage-1 testing at the SEBI Innovation Sandbox. The data and APIs made available by NSE allowed them to add critical surveillance features to their risk and surveillance system. – n.Prime, easily accelerating the development process by more than a few quarters.

The objective of NSE via this SEBI Innovation Sandbox program is to provide API based marketplace for various data products like TWAP, VWAP, Delayed Market data feed, Security and contract masters. The consumers of these data products will be able to subscribe and fetch data via request-response mechanisms based on the type of data being fetched by subscribing product plans. This data can be used by institutional investors, fund managers and traders to build investment strategies & products to expand market, fintech’s like Nerve solutions to build their innovation product based on the data. If you intend to innovate in capital market space and looking for easy plug and play options with some real data. Do connect with us via SEBI’s Innovation Sandbox program. We would be happy to transform your ideas into reality.

The launch of Innovation Sandbox aims to foster innovation in the securities market by establishing a testing environment where startups, FinTech firms, education institutions and even individuals can use the environment for offline testing of their proposed solutions.

The Innovation Sandbox Steering Committee was approached by a FinTech firm 2MJK Financial Solutions Pvt. Ltd. with a proposal to revolutionize the loan against securities product. They aimed to create a streamlined digital marketplace where investors could access liquidity via loan against their investments in a simple, efficient, and fully digital way without needing to sell their investments.

The proposal was reviewed by the Innovation Sandbox Steering committee. NSDL, CDSL, CAMS and KFinTech were requested to support applicant by providing file formats and API integration for testing.

NSDL and others supported 2MJK to develop the digital platform by providing specifications, sample files and API’s to enable them to develop the prototype. 2MJK after development had presented the solution to Innovation Sandbox Steering Committee.

By utilizing the innovation sandbox platform, 2MJK was able to create a digital platform that offers effortless liquidity solutions for investors, allowing them to meet their financial obligations without the need to liquidate their financial assets.

If you're looking to innovate in the capital market space by building a product with access to data, we encourage you to join us through SEBI's Innovation Sandbox program. We're excited to collaborate with you and help turn your ideas into reality.