Who Are Fiduciaries Under SEBI Regulations?

According to SEBI, the following entities qualify as fiduciaries and must maintain SDD logs:

Fiduciaries play a vital role in handling confidential market information. To comply with SEBI’s PIT Regulations, every fiduciary must maintain a Structured Digital Database (SDD) that records Unpublished Price Sensitive Information (UPSI) in a tamper-proof and time-stamped format.

InsiderQ’s SDD Software helps fiduciaries stay compliant, organized, and audit-ready—without complex manual processes.

Under SEBI guidelines, fiduciaries include:

Asset Management Companies (AMCs)

Custodians of Securities

Insurance Companies

Investment Advisers

Law Firms & Legal Advisors

Practicing Chartered Accountants (CAs)

Practicing Company Secretaries (CSs)

Trustees of Trust Deeds

InsiderQ SDD Software – Built for Fiduciaries

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UPSI Capture & Access Logs

Every UPSI interaction is captured with details such as source, recipient, purpose, and timestamp—aligned with SEBI mandates.

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Digital Audit Trails

Track and retrieve historical records with ease. All logs are encrypted and non-editable, ensuring 100% integrity.

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Custom Roles & Permissions

Control UPSI visibility across your firm with tailored access levels for partners, associates, analysts, and compliance officers.

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SEBI-Compliant Reports

Generate audit-ready reports instantly with SEBI-compliant formatting, reducing the risk of human error during regulatory reviews.

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Multi-Client Management

Designed for fiduciaries handling multiple listed companies—manage all UPSI records from a single intuitive dashboard.

Consequences of Non-Compliance

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Penalties up to ₹25 Crores or 3x profit

Imprisonment up to 10 years

Debarment from trading or holding positions

Loss of credibility and investor trust

Why Fiduciaries Need SDD Software Now

InsiderQ’s SDD software ensures you meet every regulatory requirement with minimal
effort—and zero compromise on data security.

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Manual systems are risky:
They’re prone to errors, delays, and non-compliance.

Increasing regulatory scrutiny:
SEBI audits now demand real-time, tamper-proof UPSI logs.

Client expectations have evolved:
Listed clients expect their fiduciaries to be technologically adept and regulation-ready.

Ready to Stay SEBI Compliant?

See how InsiderQ can simspanlify your insider trading compliance processes—no obligation, just clarity.
Free Schedule Demo
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FAQ's SDD for Fiduciaries

It’s a digital platform where fiduciaries log every UPSI-related interaction. It must be non-tamperable, time-stamped, and stored securely as per SEBI regulations.

Yes. SEBI requires all fiduciaries—legal, financial, or advisory—to maintain structured UPSI records if they interact with listed companies.

InsiderQ automates logging, sends reminders, restricts access, and creates SEBI-compliant reports, helping fiduciaries stay audit-ready with minimal manual work.

Absolutely. InsiderQ is built for fiduciaries managing multiple listed companies, with separate dashboards and reporting structures for each.
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