Effective communication, which is the key to the success of many modern business enterprises, is achieved only by quick adaptation to the rapid changes in the field. The 'Stock Exchange Announcement System' or 'SEAS' is one such application, which has managed to adapt to the rapidly changing technologies market and provide an efficient and cost effective tool.
The 'Stock Exchange Announcement System' is an effective and efficient interactive tool, which interacts with callers providing them with a varied choice of information. It is basically an 'Interactive Voice Response System' (IVRS), which interacts with callers through telephone providing them with information regarding up-to-date values of the traded companies' shares/debentures and other stock/share related information. The information provided by the system includes, 'closing rates of companies', 'closing rates of the Bombay Sensex', the 'National Sensex', the 'Best Trading Report' of the day (fax) etc.

* The IVRS answers the incoming call and greets the caller by voice
  announcements.
* Can offer bilingual announcement facility. Languages can be selected
  based on different channels of the system.
* Options are provided on the screen, using which the administrator can
  enter the index value of Bombay Stock Exchange and National Stock
  exchange with respect to time.
* The system provides the caller with the option of selecting either the
  Fax-on-demand feature or the voice response feature.
* The system provides the administrator with options wherein he can record
  new company names, change the index values, and select different
  channels for different languages.
* The system is developed using Client Server architecture. The Client
  Server will have the IVRS application running on it. The online rates of the
  shares are accessed from the server.

  ADVANTAGES OF THE STOCK EXCHANGE ANNOUNCEMENT SYSTEM

* The 'Stock Exchange Announcement System' eliminates the need for a
  permanent operator/attendant, to man the telephone in order to provide
  information to the callers.
* 'SEAS' acts as a surrogate operator/attendant, providing the callers with
  prompt and round the clock information.
* The service offered is round the clock.
* Since 'SEAS' is fully automated, it eliminates the possibility of errors and
  hence gives error free information.
* 'SEAS' interacts with the callers asking them about the kind of information
  they are looking for and provides them with it.
* The callers are also provided with a 'Fax-on-Demand' option using which
  they can receive the required information in the form of a fax.