BANGALORE, INDIA: Bajaj Capital announced that they chose RSA, the security division of EMC, to secure its new online investment and stock broking services - Justtrade.in.

RSA SecurID system, designed to offer a unique, time-synchronous solution, automatically changes the user’s password every 60 seconds.

Bajaj Capital would be able to offer online investors a comprehensive security solution engineered to reduce the possible risk of online platform misuse or access of critical information by external hackers. RSA SecurID solution’s One-Time Password (OTP) provides the right balance between protection and convenience.

Justtrade.in was launched in January, 2008 and two-factor authentication provided through the RSA SecurID solution would be the latest addition to services provided by Bajaj Capital. The portal was launched with the aim to offer online investment solutions across shares, F&O, mutual funds and IPO to the new generation of Indian Investors.

Rajiv Deep Bajaj, vice chairman and managing director, Bajaj Capital Group, lays a strong emphasis on transaction security – “With advancement in technology, e–transactions are on the rise and so is cyber crime. By offering the RSA SecurID solution, Bajaj Capital reiterates our commitment to client’s security while investing online.”

Vinesh Menon, deputy CEO, Online Investment & Stock Broking Business, Bajaj Capital, says: “The young Indian investor needs speed, reliability and investment information at their convenience. Justtrade.in has been designed to meet these needs and partner their aspirations to create wealth. We decided on RSA’s SecurID two-factor authentication solution because of RSA’s leadership in the authentication market and due to the solution’s ease of use." 

Existing clients of Bajaj Capital’s justtrade.in can opt to avail this service and enhance their security multifold.