Mr Vivek Shukla, Senior Vice President and Head – Product Development, Angel Broking visited Tapmi on 4th August, 2014 to deliver a session on ‘Product Management in Broking Industry’. Mr Shukla has more than 16 years of experience in the field of marketing, sales and product management. He completed his MBA from Nagpur University in 1997 and since then has worked with some of the biggest names in the Indian Corporate sector like Videocon International Ltd., BPL Mobile, ICICI Lombard etc.
He started the session with a brief introduction on broking industry. He gave a quick overview on the various services that were provided by broking firms. Angel broking was involved in equity trading, commodities, portfolio management services, IPO, advisory to name a few. He explained about product management in the broking industry. He described about the importance of being close to customer and understanding his requirements.
Mr Vivek Shukla also gave insights into the Broking Industry. He spoke about the various functional areas in a broking firm. E.g. – Sales, Research & advisory, product management, operations and risk management, HR, legal and compliance, finance, branding etc. Mr Shukla also gave students an idea about what it is stock brokers do, what are some of the software applications they use. He also faced questions from the students regarding requirements for various roles available in the broking industry.
He displayed a few in-house softwares and trading applications used by Angel broking which included the advisory dashboard, portfolio tracker to name a few.
The session ended with a Q&A round where the students asked questions to Mr Shukla. The discussions revolved around topics such as Financial Innovation and Regulation, IT and software in the broking industry, Investor perceptions and other general topics which also included the Modi-effect on the stock market.
The session was attended by around 60 finance enthusiasts who found the session to be highly informative and useful. TAPMI Students look forward to more such insightful sessions in the future.