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CBLC. CBLC - BRAZILIAN CLEARING AND DEPOSITORY CORPORATION. THE INNOVATIVE USE OF THE WEB TO ACSDA MEMBERS. Luciene Godoy – Development Division. CBLC AND THE USE OF THE WEB.
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CBLC CBLC - BRAZILIAN CLEARING AND DEPOSITORY CORPORATION THE INNOVATIVE USE OF THE WEB TO ACSDA MEMBERS Luciene Godoy – Development Division
CBLC AND THE USE OF THE WEB “CBLC is aligned with international standards and trends, working continuously with the market participants and the Brazilian authorities in order to provide domestic and international investors with a state-of-art infrastructure.”
WEB SOLUTIONS FOR PARTICIPANTS • Since 2003, CBLC has been engaged in a major technology migration project from mainframe to web solutions • The migration project will be finalized in mid-2008 • Within the migration process, many improvements and new functionalities were implemented. • CBLC also provides web solutions and services directly to the final investors The migration process from mainframe to web solutions enabled the development of a user friendly system giving more security and agility to CBLC and its participants.
CBLC AND THE USE OF THE WEB • CBLC has a web based proprietary network – CBLCnet, through which participants can access our different services and products.
CENTRAL SECURITIES DEPOSITORY SECURITIES SETTLEMENT SYSTEM CENTRAL COUNTERPARTY WEB SOLUTIONS FOR PARTICIPANTS
CENTRAL SECURITIES DEPOSITORY Corporate Actions Management Information Tool CBLC WEB SOLUTIONS • Asset Servicing • Investor Registration Depository Services Centralized Investors’ Registration System
SECURITIES SETTLEMENT SYSTEM CBLC WEB SOLUTIONS • Net Settlement System Equities Settlement System Fixed Income Settlement System
SECURITIES SETTLEMENT SYSTEM CBLC WEB SOLUTIONS • Gross Settlement System
CENTRAL COUNTERPARTY CBLC WEB SOLUTIONS • Risk and collateral management Risk Watch • Securities Lending
Through the Investors’ Electronic Channel (CEI), investors can access directly through the Internet information on • Investors’ holdings – daily updated • Pending corporate actions • Open positions in derivatives market and securities lending service • Warnings INVESTORS’ ELECTRONIC CHANNEL – CEI
MOTIVATION • Provide a modern technological infrastructure • Agility, convenience and privacy • Trend in the financial industry • Investors’ demand
TESOURO DIRETO • Created by the Brazilian National Treasury with CBLC’s operational support • Allow individual investors resident in Brazil to buy government bonds through the Internet • Main Goals • To democratize the access of individual investors to the Brazilian government bonds • To encourage the establishment of long term savings • MainFeatures • Limits per investor • Liquidity guaranteed by the Brazilian National Treasury
HOW TO BUY • Directly at the website • Through the Custodian responsible for the investor • Directly at the website of the Custodian responsible for the investors • Only for institutions integrated with the Tesouro Direto website
STATEMENTS CBLC sends a monthly statement to the investors
HOME BROKER • Bovespa’s initiative • Internet gateway • 35,89% of the trades • 10,34% of the volume
THANK YOU! Luciene Godoy lgodoy@cblc.com.br +55 (11) 3233-2416