CMC's MAPIN application goes live
November 25, 2003

National securities depository limited went live with CMC's application called market participant and Investors (MAPIN) database. This is the first civilian biometric application introduced by the securities and exchange board of India (SEBI) for unique identification of market participants / investors. G N Bajpai, chairman, SEBI, inaugurated the MAPIN system on November 25, 2003 at The Oberoi in Mumbai. Also present for the occasion were R Ramanan, DMD and COO, C B Bhave, managing director-NSDL, Rajesh Doshi, executive director-NSDL, Gagan Rai, executive director-NSDL, S Balakrishnan, general manager-WR and officials of NSDL and CMC.

The software solution would be making extensive use of the finger print technology software (FACTS), which is a well-known flagship product of CMC. The proposed system will be using high tech security measures such as smart card authentication and PKI (public key infrastructure) technology to keep the access and operations of the system well secured. This project has been very critical and the software development team has put in efforts day and night to make it a grand success. The customer too has appreciated the efforts of the CMC team and the quality of the delivered software.

Contact
Head Corporate Communication
PTI Building,
5th Floor, 4 Sansad Marg
New Delhi - 110 001
Tel: 91-11-23736151-8
Email: svr@cmcltd.com