SDD Software for Intermediaries

InsiderQ – SEBI Compliant SDD Software for Intermediaries

InsiderQ – The Leading SDD Software for UPSI Management in India

If you're a SEBI-registered intermediary—such as a stockbroker, merchant banker, portfolio manager, or custodian—then you're required under Regulation 3(5) of SEBI (PIT) Regulations, 2015 to maintain a Structured Digital Database (SDD).

InsiderQ’s developed by Naapbooks Ltd. offers powerful, audit-ready SDD software tailored for intermediaries who deal with Unpublished Price Sensitive Information (UPSI).

Who Needs SDD Software? – SEBI-Registered Intermediaries

Alternate Investment Funds (AIFs)

Asset Management Companies (AMCs)

Clearing Members

Credit Rating Agencies

Custodians of Securities

Depositories

Depository Participants

Foreign Institutional Investors (FIIs)

Foreign Portfolio Investors (FPIs)

Investment Advisers

Insurance Companies

Merchant Bankers

Mutual Funds

Portfolio Managers

Registrar & Share Transfer Agents (RTAs)

Research Analysts

Stock Brokers

Sub-Brokers

Syndicate Members

Trading Members

Trustees of Trust Deeds

Underwriters

Key Features of Our SDD Software for Intermediaries

UPSI Management Software

Securely log and track all UPSI sharing with accurate timestamps and context.

Audit Trail & Real-Time Timestamping

Maintain tamper-evident logs with auto-recorded activity history for each entry.

Insider Trading Monitoring Software

Get alerts for suspicious trades or insider activity—automatically flag violations.

SEBI-Compliant Report Generation

Generate Regulation 3(5) audit-ready reports with a single click.

Connected Party & Grey List Database

Track designated persons and restricted securities to prevent unauthorized trades.

Pre-Clearance & Trading Window Management

Manage trade requests, approvals, and automated window notifications.

What is Structured Digital Database (SDD) & Why It Matters?

A Structured Digital Database is an electronic log that captures the who, when, what, and why of every UPSI disclosure. This is critical to:

Prevent insider trading
Maintain market transparency
Ensure legal compliance with SEBI regulations

Consequences of Non-Compliance

Banned from trading or holding stock market positions

Debarment from trading or holding key positions due to non-compliance

Penalty up to ₹25 Crores or three times the profit made due to non-compliance

Imprisonment for up to 10 years for violating compliance regulations

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 InsiderQ is the Best SDD Compliance Tool for Intermediaries

InsiderQ is the Best SDD softwarefor Intermediaries

SEBI Compliant:
100% aligned with PIT Regulations and regularly updated for regulatory changes

Custom-Built for Intermediaries:
No generic features—only tools that matter to your compliance.

Affordable Pricing:
Transparent SDD software price options that scale with your firm’s needs.

High Trust, High Security:
Your data is encrypted, backed up, and audit-ready at all times.

Benefits of Using InsiderQ SDD Software

SEBI Regulation 3(5) Compliant Meets all legal and regulatory requirements
Tamper-Evident Prevents manipulation or deletion of entries
8+ Years Data Retention Long-term preservation of compliance records

Role-Based Access Ensures information is shared on a need-to-know basis
Automation-Driven Reduces manual errors and audit stress

Ready to Stay SEBI Compliant with Confidence?

See how InsiderQ can simspanlify your insider trading compliance processes—no obligation, just clarity.

Free Schedule Demo

CTA:Start your compliance journey today with insiderQ

FAQ's SDD for Intermediaries

Their own. Regulation 3(5) is written around every person required to handle unpublished price sensitive information, which takes in brokers, merchant bankers, asset management companies, registrars and transfer agents, portfolio managers and investment advisers. Regulation 9A and Schedule C reinforce it, and SEBI’s Comprehensive FAQs dated 31 December 2024 confirm the position at FAQs 5 and 6.

Yes. A single InsiderQ instance records UPSI for multiple client entities, with separate records and separate reporting per entity, so a report produced for one client never exposes another’s information. The licence covers one production instance per entity; a test or UAT environment is licensed separately.

The question that decides compliance is not cloud versus on-premise, it is who can reach the data. SEBI’s Comprehensive FAQs of 31 December 2024 permit cloud hosting at FAQ 7 where the board and compliance officer retain accountability for confidentiality, integrity and security, and warn at FAQ 8 that where a third-party vendor maintains the server on a login basis the vendor “may have access to such records which would be contrary to the regulations”. InsiderQ installs on your own premises, in your own cloud tenancy, or on infrastructure Naapbooks provisions for you — and in all three every credential passes to you at installation and none is retained.

The UPSI Statement for the period and the Audit Logs report, both exportable to PDF or Excel from your own installation. There is no prescribed filing format for a structured digital database and nothing is submitted to SEBI routinely — the records are produced to auditors, to a Practising Company Secretary or to an inspecting authority when called for.

Running your own SDD as an intermediary?

SEBI FAQ 5 puts the obligation on you, not your vendor. Check where your database stands, then see InsiderQ on your own server.

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Deployed on your own server · ISO 27001:2022 · 70+ clients