The advent of depository operations has resulted in the stock market settlement system in India being completely automated. This has provided innumerable benefits to the general investor; primarily in terms of a faster and more efficient settlement system for shares bought and sold in the market. Various banks, financial institutions and brokers are playing the role of depository participants (DPs) and are offering these services to retail customers through their branches.

A large client base requires the use of an advanced DP back-office solution to offer 24x7 services. CMC has developed a comprehensive product for efficient DP operations, called DpSecure. Apart from the normal features required for a DP operation, DpSecure has several additional functionalities that add to the efficiencies of DP operations. In addition, DpSecure offers several value-added features, which enable DPs to offer better services to their customers.

DpSecure is a centralised depository back-office product developed with the latest proven technology. It uses an extremely thin client front-end, developed using COM components. This ensures that a minimum of resources are required at the branch workstations, resulting in protection of the existing infrastructure.

It can also be integrated with other add-on delivery mechanisms like internet query, wireless application protocol (WAP), IVRS (tele-operation), ATM, etc.

Indicative client list

	United Western Bank
	Bank of India
	Bank of Punjab
	UTI Securities
	Sahara India Financial Corporation
	Bank of Maharashtra
	J&K Bank
	IDBI Bank
	Vijaya Bank
	Kotak Mahindra Bank
	Bank of Rajasthan

Contact
Head - BFS
CMC House
C-18, Bandra-Kurla Complex
Bandra (East)
Mumbai - 400 051
Tel: 022-26591000-2
Fax: 022-26591046
Email : bfs@cmcltd.com