22 June, 2005
category: Biometrics, Corporate
Cross Match Technologies has reached a major milestone by providing biometric systems for applications such as background checks and physical access control to 100 financial firms throughout the United States.
The Chicago Board Options Exchange (CBOE), the world’s largest options marketplace and the creator of listed options, recently ordered several Cross Match biometric access control readers with the Cross Match biometric credentialing system to enhance security throughout their headquarters building in Chicago. The access control readers will be installed as part of a new overall access control system being integrated and implemented by Cross Match partner Johnson Controls. The biometric access control readers will be installed at the main entrance of the CBOE facility and in turnstiles leading to the trading areas. Employees will use biometric enabled ID cards that work in conjunction with the access control readers.
“The Cross Match access control readers and credentialing system were a logical choice for the CBOE since we have been using the Cross Match ID 1000 live scan systems for some time for our employee background checks,” said LuAnn O’Shea, Vice President of Facilities for the CBOE. “We can leverage our previous investment in biometrics since the ID 1000s are a part of the overall credentialing system. Fingerprints taken during the background check process can be extracted for the biometric enabled ID cards. This saves us considerable time and money,” she added.
This latest order from the CBOE represents a milestone 100th financial institution order for Cross Match. Some of the financial firms that have implemented Cross Match fingerprinting systems because of their ease of use, speed, ruggedness, and image clarity include: Bank One, Union Bank of California, UBS, Merrill Lynch, Cross Country Bank and Trust Company of New Jersey.
“Cross Match is proving to be the biometric solution provider of choice to the financial community as we now have provided 100 financial institutions nationwide with our state-of-the-art fingerprinting systems to help them avoid the potential costly and dangerous results of hiring a criminal or enabling an unwanted individual to enter a facility,” said Ted Johnson, Cross Match Chairman and CEO. “We are committed to providing our customers with the best and broadest biometric security solutions in the industry.”