Intelligent branches. Not just machines.

Our fully automated, mobility based, ATM security software application, which provides E2E password management and facial recognition, and has been implemented across our business and is currently used in over 35,000 ATMs as of March 2021.

ALGO OTC by CMS is awarded Best in Future of Trust Award at IDC Future Enterprise Awards 2021

IDC’s Future Enterprise Awards is designed to highlight successful digital innovation projects and initiatives across the Asia Pacific region.

ALGO OTC by CMS is world's first fully automated, Artificial Intelligence powered, mobility based, ATM Security software application. As an end-to-end security encrypted fool-proof solution, ALGO OTC's main aim is to prevent ATM frauds at the time of cash replenishment or maintenance.

ALGO OTC helps banks to implement RBI guidelines on OTC Lock activation by providing first-time-ever geo fencing & GPS enabled user face recognition, credential authentication, backend service request compliant, OTC code generation software.

The application is machine agnostic and can operate on any ATM OEM with any safe / vault lock. The ATM machine could be manufactured by NCR, Diebold-Wincor, Hyosung or any other and the lock could be from S&G, Kaba MAS Hamilton, Securam, Perto or any other OTC make with one time integration ALGO OTC can be deployed by banks across the world on their ATMs to become fully compliant to the latest Global norms for ATM safety and security.

The application has been tested across India through CMS own network consisting of more than 62000 machines. It's many features have been built with our experience of managing ATMs across India while adhering to multiple SOPs from all the top banks, and many of our own. Among its many features are: full control on access with Geo fencing and GPS enabled application. User restriction basis lock proximity, time of operations, user location I AI enabled, Face recognition, ID verification software I Only one time access to authorized personnel I No call center required – Fully automated OTC can be generated with or without Internet connectivity I Fully compliant Audit trail for future verification I Backend reporting portal for real-time updates on usage I Integrated with maker – checker approval and can be used by Bank or Vault for cash replenishment, FLM, SLM and vault related activities.

For further enquiries, please write to mrydul.vats@cms.com

Our ALGO MVS (Multi Vendor Software) enables financial institutions to streamline their development and support operations by eliminating the need to maintain and enhance several distinct delivery infrastructures for each new function or service they provide. ALGO MVS also brings cost and operational benefits by eliminating the costs associated with upgrading and managing ATM software. Banks can also leverage their security functions with ALGO MVS to manage the changing security guidelines, RBI encryption mandate, etc.

In 2019, we entered the Multi Vendor Software solution segment and are now a leading player for Multi Vendor Software opportunities in India. We have developed, commercialized and implemented Multi Vendor Software solution for SBI and intend to continue targeting other large public sector banks in India in this sector.

Using our ALGO MVS, banks are able to centralize ATM channel management to a single central command center in order to enhance their customer experience and make real time updates. Our software is vendor-agnostic, which means that it functions across different ATM hardware and software, which means that our customers are able to procure ATM hardware and software components separately from different vendors, without being dependent on any one vendor. In 2019, we won a contract to implement multi-vendor software on up to 100,000 ATMs.

For further enquiries, please write to mrydul.vats@cms.com