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Innovation at ACSDA CSDs

Innovation at ACSDA CSDs. Ian A. Gilhooley, President and CEO The Canadian Depository for Securities Limited. CDS Innovations Inc. Product development. SEDAR. SEDI. NRD. CDS is structured for innovation. CDS Limited. Holding company. CDS INC.

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Innovation at ACSDA CSDs

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  1. Innovation at ACSDA CSDs Ian A. Gilhooley, President and CEO The Canadian Depository for Securities Limited

  2. CDS Innovations Inc. Product development SEDAR SEDI NRD CDS is structured for innovation CDS Limited Holding company CDS INC. CDS Clearing and Depository Services Inc. Securities clearing, settlement and depository services CDS Securities Management Solutions Inc. Issuer services

  3. CDS Innovations • Responsible for the identification of new products and services • Receives input from external sources through the various committees that CDS has in place, through the CDS customer service function and through regular contact with various stakeholder groups • CDS Innovations is encouraged to discuss ideas on new products and services with other stakeholders in the Canadian capital markets, such as transfer agents, issuers, buy-side participants, government, regulators

  4. Non-traditional business lines • Services to Canadian regulators in the form of regulatory filing systems already provided – CDS would like to continue in this area and also expand the range of services offered • OTC derivatives – CDS is actively engaged in determining what services it can provide to the Canadian capital markets for this initiative • Proxy solicitations, insurance and mortgages • Monetizing the data that CDS processes – CDS has already made significant progress in this area but believes that more can be done

  5. Sources for future growth • Expanding our customer base to include issuers and investors – with buy-side investors being the most likely target • Revenue growth from data dissemination • Discretionary value-add enhancements to existing services

  6. Internet expansion • Introduced e-commerce applications for ISIN issuance and eligibility (2009) • Introduced alerts for certain functions such as pending events that are awaiting action on the part of the participants • Planning to introduce Web 2.0 elements in 2011 (RSS feeds, personalization) We see the Internet as a very important part of our future service delivery architecture.

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