Most Prominent CSDI E-Services
CSDI Data: The latest update on clients’ accounts and their assets to their designated brokers.
CertDistro SYSTEM: Distribution of customers’ online certificates is done by this system. The system maintains the registered shareholder's requests information, including personal information correcting and forcible transfer. This system provides for the receipt of any type of certificate that results from operations such as transfers, capital increment, collateral, block, depository of shares or other activities that change in the stock. One of the benefits of this system is receiving operation track SMS and download the certificate as soon as it is adapted to the system’s information in order to make the certificates available to the public as soon as possible and safest mode. This system prevents abuses, and using the system shareholders can see their certifications and download them. The beneficiaries of this system are shareholders.
BROKER REPORTER: The system provides the brokers with their clients’ certificates and notifications.
DARA: Considering that the investors are one of the main stakeholders in
CSDI, Dara system is an electronic portal for investors and aims to integrate e-services provided for investors. The services offered to investors include web site and mobile version.
Mobile version of this system for presentation of:
• Displaying securities portfolio of investors
• Displaying the investors last business transactions
• Submit suggestions and criticism
In the pipeline services are:
• Announcing and reporting profit payments
• Sending notification about profit payment, capital increases and publisher assemblies
• Display the value of the portfolio based on the last working day
• The beneficiaries of this system are investors.
IPS: IPS is a convenient way for the investors to get updated on their portfolios. This system can be run on tablets, smart phones or similar gadgets. The Objective of this system is to inform investors about their portfolio faster and more comfortably.
KARA: This system allows users to enter their contact information for payments of their customers (such as
dividend payment).
• Setting up the KARA system and aggregation all processes related with brokers in one system
• Time and cost minimization
• Minimization correspondence between brokers and CSDI
• Improve the speed and accuracy of all brokers’ processes
• Create electronic interactive rather than files interactive
• The possibility of reports.
DANA: Provides electronic services and information to issuers. The purpose of this system is minimizing paper based procedures. The system is connected to AS400 to collect information. The beneficiaries of this system are CSDI and issuers.
CSDI Accomplishments in 2017
• Designing a new model, dubbed Blue Model, which is to speed up absorbing domestic and foreign investors into the market. In this Model a correspondent bank will play the role of the custodian bank and foreign investors will no longer have any concern about the brokers’ credit risk.
• Following-up on a joint project with Korea Securities Depository (KSD) to link Iran and South Korea’s ' capital markets.
• Offering a nationwide project dealing with mass privatization and supporting the underprivileged, called “Justice Share program.” Over 49 million Iranian people have been granted the shares of the Iranian companies in the form of Justice Share.
• Following-up on a joint project with Athens Stock Exchange (ATHEX) to facilitate connection of the depositories for securities and cash settlement, corporate actions and registry through the services provided by ATHEX’S XNET Network services
• Developing and Exercising credit limit mechanism for more precise supervision on brokers credit level
• Signing several MoUs with Iranian Banks to Facilitate International Securities Settlement services.
• Implementing Knowledge Management to Improve Performance, enhance collaboration and decision making and increase innovation in a bid to notice pitfalls and establish success based on the expertise and experience of others.
• Strengthening clearing house members in terms of risk mitigation strategies and efficiency improvement
• Developing second phase of KARA ,including registry and reporting designated observer brokerage, receiving investors information, proxy registration, daily settlement reports, equipping digital certificate
• Developing second phase of DARA, including monitoring raise in capital and interest payment, sending reminder notifications, holding issuers assembly and reporting value at the end of each working day.
• Developing DANESH system including portfolio management, proxy management, fund management, paying interest in multi-level, legal investor’s information inquiry, investor information management.
• Designing DANA system for electronic transfer of information in capital raise and interest payment process, declaring changes on investor’s information, holding electronic general assemblies and voting.
• Developing SEPAS system including energy exchange, commodity deposits, depositing in groups, and electronic payment of wages.
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Federation of Euro-Asian Stock Exchanges