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.
