Central Securities Depository (CSD)
v-PaSSer CSD develop bond market by secure and efficient issuance/settlement management with database, and also entire financial market by supplying funds with bond collateral
Value to Customer
Value 01
Seamless and comfortable for customers by consistently offering government bonds service from Primary issuance ~ Secondary market ~ redemption
Value 02
Total support by professionals in areas other than system development, such as migration from physical securities
Value 03
Fulfilled bond collateral functions, including SPDC (Simultaneous Processing of DVP and Collateralization) contribute to enhanced liquidity and stability of financial system
Value 04
Complimentary behavior change by parameter setting are realized
Scope
Scope
v-PaSSer CSD scope cover entire Application development process (Requirement definition ~ Design ~ Development ~ Testing ~ Installation).
In addition, Building system infrastructure, Support to involve participant such as FI & Securities company, Business/System operation training, Maintenance support and etc. can be provided optionally. Please refer to Service lineup for detail.
In addition, Building system infrastructure, Support to involve participant such as FI & Securities company, Business/System operation training, Maintenance support and etc. can be provided optionally. Please refer to Service lineup for detail.
- Functionality
- Design Policy
- Security
ISIN registration ~ Primary issuance ~ Secondary market ~ Redemption
Maturity date renewal
DVP model 1~3
By integrating with v-PaSSer RTGS, possible to execute fund settlement for such as DVP & Interest payment, and also possible to supply liquidity by government bonds collateral safely, without any interoperability costs (Interoperability with other RTGS also possible)
SPDC (Simultaneous Processing of DVP and Collateralization)
Forward date transaction
Repo/Loan transaction execution with rich input data & Repo/Loan status management with history inquiry
Rich inquiry function for reconcile, liquidity and risk management, and also can be integrated with v-PaSSer Dashboard
Interest payment for appropriate bond holder (Original/Current holder)
Non-bank participant such as Securities company with corresponding bank contract
Case Study
Contributing
to Advancement
An ASEAN Country
C