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The Economic Times

CDSL and Uniken collaborate on security solution for mobile applications

CDSL already uses another Uniken solution for its core application.
PUNE: CDSL, one of the two depositories operating in India, facilitating the holding of securities in electronic form, will be implementing Uniken’s REL-ID ‘unified defense in depth’ platform to provide security for its Easi mobile application. Easi (Electronic Access to Securities Information) allows registered beneficial owners (BOs) and clearing members (CMs) to access their demat account through the internet and check the details of their holdings and/or transactions, anytime, anywhere.

The security solution will enhance multi-factor authentication based on 1:1 cryptographic keys with device fingerprinting, among other things. It will also enhance the endpoint security and threat detection mechanism.

Bimal Gandhi, CEO, Uniken said “We are honored that CDSL has expanded their partnership with Uniken to provide their customers with the security and ease of use required when accessing their financial data. It is tremendous validation that REL-ID’s customer-first security platform delivers the frictionless, secure and scalable experience that modern customers demand."

CDSL already uses another Uniken solution for its core application.

“We now plan to use their technology for protecting our mobile applications from threat vectors in the device, network and application space. Uniken’s unified defense in depth approach helps CDSL secure assets without compromising on user experience”, said Joydeep Dutta, ED and Group CTO, CDSL.

Uniken operates in the digital security space. REL-ID is a mobile-first platform that secures connections between customers and businesses by eliminating all possibilities of data breach and fraud, it said.

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