OREANDA-NEWS.  January 17, 2012.  DCC has implemented the service which enables electronic document interchange between the registrar and the holder of record, including nominees. This service will be demanded by registrars and depositories registered as nominees which have to establish EDI in accordance with the effective legislation.

EDI between the registrar and the holder of record is implemented through DCC which acts as the representative of the holder of record. DCC provides convenient environment for the interaction of the registrar and holders of record.

DCC has implemented the technology for shareholder listing by the nominee with Shareholder Listing software. The shareholder list generated through Shareholder Listing software is transmitted in the encrypted format approved by PARTAD, and cannot be read by DCC.

This technology also allows to transmit information relating to the following transactions in share registers: Receipt of account balances and statements of securities movements, and re-registration of securities. At the first stage, DCC generates, on the basis of SWIFT messages (ISO15022 (RUS4)) received from the holder of record, the transfer orders in PARTAD formats and transmits them to registrars, and converts messages from registrars into SWIFT formats.