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Russian National Depository Center. Securities Settlement System

The National Depository Center is Russia’s largest settlement and safekeeping provider in terms of assets held and the only securities settlement system in the country handling all kinds of Russian issue-grade securities and acting as National numbering agency authorized to assign international ISIN and CFI codes for Russian securities<. NDC provides a wide range of depository and related services to its clients and provides settlements securities transactions concluded on the leading trading venues in Russia: MICEX and MICEX Stock Exchange (Moscow), SPCEX SC (St. Petersburg), SICEX (Novosibirsk), and also in the OTC market.

CMA’s solution supplied to National Depository Center in 2004 – “Head Depository Engine” provides clearing and settlement services. It supports extensive list of securities: government bonds, corporate bonds, equities and others.

National Depository Center