Matrix Enhances Financial Services of IndiaNivesh

With Comprehensive Time-Attendance and Access Control Solutions

IndiaNivesh is one of the leading financial service conglomerates in India which is into various aspects of investment banking and consulting business. It plans to emerge as a dynamic, customer-centric and progressive financial group in the country with pan India presence. Having its head office in Mumbai, IndiaNivesh is growing with eight regional offices and 29 branch offices across India.

Business challenge

IndiaNivesh required eradication of forged attendance data and manual attendance process, as security is a crucial aspect for them. It has been a tedious task for them to streamline and manage attendance data of all employees accurately and perform calculation of error-free salary. Integrating their existing payroll software with the time-attendance software was challenging.

Offered solution

Matrix offered COSEC Time-Attendance solution with web based architecture, that can help IndiaNivesh in connecting all its regional and branch offices to their head office in Mumbai. Matrix COSEC time-attendance software can get easily integrated with existing payroll software, and hence it can also help the company in automatic salary calculation.


  • Real-time attendance of all employees at a centralized location.
  • Integration with its existing payroll software.
  • Ease of implementation using the existing infrastructure.
  • Fraudulent time-keeping is completely eliminated.
  • Accurate in/ out time of each employee.
  • Live monitoring of in/ out timing.
  • Generation of time-attendance and access control reports and charts for all branches.
  • Improved overall productivity of the organization.
  • Continuous operations with excellent service support.


  • COSEC Door FOP: Optical fingerprint based door controller for access control and time-attendance.
  • COSEC Door CAS: Card based door controller for access control and time-attendance.
  • COSEC Panel: Site controller to manage multiple door controllers and advanced access control features.
  • COSEC LE Platform: Application server platform for 1000 Users and expandable up to one million users.
  • COSEC LE TAM: Comprehensive time-attendance and leave management module for COSEC LE platform.
  • COSEC LE ACM: Comprehensive access control module for COSEC LE platform.


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