| Type of System |
: |
Online Bidding for Vehicle Ownership Licences
|
| Description |
: |
The Certificate of Entitlement (COE) Open Bidding System is a real-time,
interactive online bidding system that allows people bidding for
vehicle licences to submits bids via ATMs, Internet, Intranet
and telephone as well as access real-time information during the
bidding process. The system includes secure payment facilities
and interfaces directly with the banks' systems. Built for very
high performance, availability and reliability, the system is
designed to handle a transaction volume of at least 50,000 bids
per bidding exercise and a peak transaction volume of 20,000 bids
per five minutes. |
