NSD’s data project steaming ahead
19 May 2015 Moscow
Image: Shutterstock
The National Settlement Depository (NSD), Russia’s central securities depository, has completed the latest stage in its project to increase opportunities for users to receive, store and process corporate data, in partnership with financial technology provider Neoflex.
The project is based on the GoldenSource 360 EDM platform, which is used to accumulate, process, verify and distribute corporate data for global depository systems.
Using the GoldenSource platform, implemented last year, NSD has developed and implemented four new information modules titled Shares, Bonds, UIT Units and Organizations.
Each module offers customisable functions for clients, allowing users to access information on all securities accepted for servicing by NSD. Information can include issuers of client interest and securities portfolios on deposit with NSD.
The system also allows NSD clients to access data on shareholder meetings, dividend payments, offers and defaults on Russian issuers’ bonds. A module system also means that corporate consumers will be able to take advantage of flexible and customisable information on securities serviced by NSD.
The next stage of the project will feature development of the Depository Receipts module, and the Mortgage Participation Certificates module.
The project is based on the GoldenSource 360 EDM platform, which is used to accumulate, process, verify and distribute corporate data for global depository systems.
Using the GoldenSource platform, implemented last year, NSD has developed and implemented four new information modules titled Shares, Bonds, UIT Units and Organizations.
Each module offers customisable functions for clients, allowing users to access information on all securities accepted for servicing by NSD. Information can include issuers of client interest and securities portfolios on deposit with NSD.
The system also allows NSD clients to access data on shareholder meetings, dividend payments, offers and defaults on Russian issuers’ bonds. A module system also means that corporate consumers will be able to take advantage of flexible and customisable information on securities serviced by NSD.
The next stage of the project will feature development of the Depository Receipts module, and the Mortgage Participation Certificates module.
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