AvenirCSD

Central Security Depository

For both cash products (equities and bonds) and environmental products (e.g. carbon), a complete CSD solution is available.  It can also be configured to act as a registry (for certificated holdings) – either as a standalone registry or as part of a combined registry/CSD offering.

AvenirCSD is a fully featured CSD system. It carries out custody and electronic settlement, with trades validated and settlement positions created and updated in real time for the system operator and settlement participants.

A real time graphical indication of settlement risk is available to the operator, and comprehensive settlement reports are available before and after the event.

The system seamlessly interfaces with the Avenir or other trading platform using FIX, and with brokers, settlement banks and custodians using SWIFT ISO15022/20022. Alternatively, connectivity using existing APIs can also be built.

For customers where registry functionality (certificated holdings) is required, the system can provide all the necessary legal ownership features. This includes more modern touches such as QR codes on certificates that can be used to validate them in real time using a smartphone.

Custody

The system supports range of account types such as individual accounts, broker proprietary and omnibus accounts and Custodian segregated and omnibus accounts.

Corporate Actions

Most standard corporate actions are provided as standard (e.g. dividend and interest payments, bonus and consolidations, meetings and proxy voting.  Others can be easily added.

Trades

Trades are received from an exchange or OTC market via the industry standard FIX interface, or via the native API of the trading platform.  Trades can even be manually entered. They are validated and enriched before creating settlement positions.

Settlement

The system supports BIS Model I, II and III settlement. Settlement positions are created from trades in real time and settlement participants can see their securities and cash obligations building up in real time. Before settlement the system highlights where problems might arise due to to non-placement of cash or securities. Settlement processing has several tools to free up settlement roadblocks. It also has several features for better fails handling.

Customers

AvenirCSD powers the Astana International Exchange in Kazakhstan and the Central Asian Stock Exchange in Tajikistan. It also powers Avenir Registrars in London, a CREST eligible registrar (avenir-registrars.co.uk).

Get in touch

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London, United Kingdom & Wellington, New Zealand
© 2014-2019 Avenir Technology

News

November 1, 2018

Avenir Technology launches post trade infrastructure for Ast...

Provides software to operate Securities Registry and Central Securities Depository London, November 1st, 2018 – Avenir Technology Limited (avenir-technology.com), a global developer of post-trade Financial Market Infrastructure solutions, has ...more

September 25, 2018

Avenir Technology marks first anniversary of powering Vietna...

Over 10 million contracts processed in first year London, September 25th, 2018 – Avenir Technology Limited (www.avenir-technology.com), a global developer of post-trade Financial Market Infrastructure solutions, has marked the first anniversary ...more

August 11, 2017

Vietnam Derivatives Market goes live

Hanoi, Vietnam, 10 August 2017. Avenir Technology is excited to announce the go-live of the first derivatives market and fully integrated central counterparty (CCP) clearing house in Vietnam. Avenir has delivered a state of the art ...more

July 6, 2017

Midclear selects AvenirClear CCP for Lebanon

Beirut, London, UK, 5 July 2017. Midclear S.A.L., the Custodian and Clearing Center of financial instruments for Lebanon and the Middle East, has selected GMEX Group wholly owned subsidiary, GMEX Technologies, to provide and implement its ...more

May 26, 2016

Warehouse Receipts System goes live

London, Lilongwe 19 May 2016. GMEX Technologies (GMEX TECH), part of the GMEX Group and Avenir Technology Limited (Avenir), the UK based post-trade software firm, today announced phase 2 of the project to implement the warehouse receipt system, ...more

March 16, 2016

Avenir partners with FPT to launch Vietnam’s first derivat...

Delivering innovation in exchange traded derivative contracts to be traded on Hanoi Stock Exchange and centrally cleared by Vietnam Securities Depository GMEX Group has entered into a joint venture agreement with FPT Information System (FPT) ...more

September 16, 2015

Central Asian Stock Exchange to Launch in Partnership with G...

London, UK / Dushanbe, Tajikistan. 16th September 2015 GMEX Group today announced that it has entered into a partnership agreement with the Central Asian Stock Exchange (CASE) based in the Republic of Tajikistan through its GMEX Technologies ...more

January 28, 2015

GMEX Group takes stake in Avenir Technology

London, 28th January 2015 – Global Markets Exchange Group International LLP (GMEX Group) has taken a strategic stake, through its GMEX Technologies Limited (GMEX TECH) subsidiary, in the UK based post-trade software firm Avenir Technology ...more

January 18, 2014

Welcome to Avenir

The future of Financial Market Infrastructure We are a new company with an innovative approach to building post trade systems for the world’s Financial Market Infrastructures (FMIs). Unconstrained by the legacy of existing offerings our ...more