Russian Central Depository Makes Corporate Actions Platform Customizable

NSD completes stage to full automation of corporate actions processes

alex-d
Alexander Diakovskiy, vice president and director of information products, National Settlement Depository

The National Settlement Depository (NSD) has added customization options to its corporate actions platform, another step in its plan to fully automate corporate actions processes for its clients.

The Moscow-based NSD, Russia's largest central depository, partnered with GoldenSource last year on a wide-ranging project to introduce straight-through processing to reference data disclosure and dissemination in what is still largely a manual, paper-based environment. 

The depository and software

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