cscs biometrics enrollment verification system biometrics... · central securities clearing system...
TRANSCRIPT
Central Securities Clearing System (CSCS) Plc.
April 14, 2015
CSCS Biometrics Enrollment
&
Verification System
www.cscsnigeriaplc.com
2012
• CMC established the need for
Biometric KYC System
• Vendor Selection
• Commenced pilot test with 2
Stock broking firms & 3
Registrars
• Continuous market engagement
20142013
• Training of participants
• Deployment at clients end
• Go Live
2015
• Vendors presented Cost to
CMC – Infrastructure &
technology sub-committee
• CSCS developed a Biometric
Solution & presented the
same to market participants
Overview
3
• Computer system
• USB camera
• Biometric fingerprint scanner
• Internet access
• Required licence from CSCS
Requirements
CSCS & Other
Service Points
Registrars
Brokers
Central
Server
System Architecture
System Architecture
4
Benefits
6
Unique identification and verification of
investors in the market
Reduce the incidence of identify thefts and
improve service standards in the Capital
Market
Access to centralized infrastructure for
Biometric data
Enhance transparency and trust among
participants
Boost investors confidence in the market
Thank you
CSCS Plc.
1st Floor, Stock Exchange House
2/4 Customs Street Marina
Lagos State
Nigeria
www.cscsnigeriaplc.com