What data security mechanism does CAMS have in place?
NP: We have evolved over a period of 15 years and we recognise that our role is custody of data. We have no conflicting interest in any manner. Just like the AMC is the custodian of investor’s money, we are custodians of data. We are extremely cognisant of the operational risks that are involved. For every operation that we have there are a series of checks and balances that are maintained and built around the system. A lot of it is in the system itself like maker checker control, authorisation control and audit trails. In addition to that there are a lot of counter controls like in the form of what we have changed here gets communicated to the investor. For instance, if you change the address there is a letter which goes to the old address and new address. So if it is not initiated by the investor then the investor knows that somebody has attempted to do it. If the investor has provided an email address or mobile number then it reaches them in the fastest possible way. These things en
