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HARDWARE AND SOFTWARE REQUIREMENT FOR CBLO DEALING SYSTEM : NDS MembersOther Entities NDS Members :
Other Entities : These entities can participate in the internet based CBLO dealing system through Secured Socket Layer (SSL) whereby the data flowing from and to CCIL will be encrypted / decrypted. The transactions of the members are verified and validated through Digital Certificate. The members are required to have the following in place: i) Microsoft Internet Explorer (Version 5.5 or higher) and the screen should be set to 1024 by 768 pixel resolution; and ii) Digital Certificate: The process for obtaining Digital Certificate is as under: A digital signature functions for electronic documents like a handwritten signature does for printed documents. The signature is an unforgeable piece of data that asserts that a named person wrote or otherwise agreed to the document to which the signature is attached. A digital signature actually provides a greater degree of security than a handwritten signature. The recipient of a digitally signed message can verify both that the message originated from the person whose signature is attached and that the message has not been altered either intentionally or accidentally since it was signed. Furthermore, secure digital signatures cannot be repudiated; the signer of a document cannot later disown it by claiming the signature was forged. In other words, digital signatures enable "authentication" of digital messages, assuring the recipient of a digital message of both the identity of the sender and the integrity of the message. The Secure Sockets Layer (SSL) protocol, originally developed by Netscape, has become the universal standard on the Web for authenticating Web sites to Web browser users, and for encrypting communications between browser users and Web servers. Because SSL is built into all major browsers and Web servers, simply installing a digital certificate, or Server ID, enables SSL capabilities. SSL server authentication allows users to confirm a Web server's identity. SSL-enabled client software, such as a Web browser, can automatically check that a server's certificate and public ID are valid and have been issued by a certificate authority (CA) - such as SafeScrypt - listed in the client software's list of trusted CAs. SSL server authentication is vital for secure e-commerce transactions in which users, for example, are sending credit card numbers over the Web and first want to verify the receiving server's identity. An encrypted SSL connection requires all information sent between a client and a server to be encrypted by the sending software and decrypted by the receiving software, protecting private information from interception over the Internet. In addition, all data sent over an encrypted SSL connection is protected with a mechanism for detecting tampering - that is, for automatically determining whether the data has been altered in transit. This means that users can confidently send private data, such as credit card numbers, to a Web site, trusting that SSL keeps it private and confidential. How to Obtain Digital Certificate? The Internet Front End for CBLO Trading System requires the use of Digital Certificates issued by Safescrypt Ltd – a licensed Certifying Authority which has a tie-up with Verisign Inc. to cater to the Indian Subcontinent. Further, CCIL has appointed NSE.IT Limited, which is a Sub-Certifying Authority to Safescrypt Limited and it is authorised to enrol and validate applications with respect to issue, renewal and revocation of digital certificates Further details on completion of the documentation for obtaining Digital Certificate will be provided on completion of the membership formalities A Certificate Applicant may contact the following personnel from CCIL for the same. Information Technology Dept 6th flr, Trade World, ‘C’ Wing Kamala City Senapati Bapat Marg Lower Parel(W) Mumbai 400 013 Tel - 022-66639200 Broadly, the information required for issuance of the digital certificates is as follows:
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