Central Depository Services Limited

 Central Depository Services Limited

Central Depository Services Limited (“CDSL”) was found in 1999 to fulfil one goal: Convenient, Dependable and secured depository services. Over two decades later, everything we have done – the values we have built on, dematerialisation of various asset classes, e-services – have all been in support of that singular goal, at an affordable cost.

We are a Market Infrastructure Institution (MII) and a crucial part of the Capital market structure, providing services to all Market participants - Exchanges, Clearing Corporations, Depository Participants (DPs), Issuers and Investors.

A Depository is a facilitator for holding of securities in the dematerialised form and an enabler for securities transactions.

Technology landscape:

Recent years have yielded significant advances in computing and communication technologies, with profound impacts on society. Technology is transforming the way we work, operate, and interact with others.The financial services industry has always been in the forefront of adopting technology earlier than most other industries. Moreover, being a highly regulated industry, it is also imperative that compliance and risk management areas are addressed in the process of technology adoption. Our organizations are faced with tremendous business challenges including constantly changing business dynamics, regulatory changes, risk and compliance matters as well as cost pressures. With financial information at the core of our systems, it is imperative to safeguard and protect the data of our financial intermediary partners and end customers by adopting best practices in information security. The core depository application has been built and been continuously enhanced and enriched adopting new technologies as and when they are available and are relevant to the platform. Introducing new products, features and functionality into the system is a continuous process wherein products / services enhancements, customer convenience, revenue earnings potential, cost savings potential and regulatory policies decide the priorities of such enhancements being taken up for implementation.

Business continuity :

CDSL is committed to ensure an effective Business Continuity Management System (BCMS) as a mechanism to restore and deliver seamless services at an acceptable level, in the event of any disruption. CDSL is one of the few depository institutions in the world to be awarded ISO 22301 certification for Business Continuity Management Systems in June 2013. CDSL applies suitable methods to monitor the BCMS implemented within the organization. The organization continually strives to improve the effectiveness of its BCMS by adopting system control processes.

Central Depository Services Limited (CDSL), established in 1999, is a key Market Infrastructure Institution in India's capital market. CDSL offers secure, dependable, and technology-driven depository services with strong business continuity practices, including ISO 22301 certification, ensuring uninterrupted financial infrastructure operations.