CSCS Wins Award for Post-trade, Custody Services

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The Central Securities Clearing System (CSCS) Plc has won the Continental Leader in Post-trade and Custody Services award at the seventh annual Business Day Banks’ and Other Financial institutions (BAFI) awards, which was held in Lagos, recently.
Nominations for the BAFI Awards go through a rigorous review processes before finalists are selected.

Speaking on the award, the Managing Director/CEO, CSCS Plc Mr. Haruna Jalo-Waziri, said: “This award reinforces the value we bring to the financial services industry and inspires CSCS to continue to live up to the expectation of the market”.

Central Securities Clearing System Plc (CSCS) is Nigeria’s Central Securities Depository (CSD) licensed to carry on the depository, clearing and settlement of transactions on several exchanges in the Nigerian capital market.

CSCS provides an effective single access point for all post-trade services in the Nigerian financial market, covering all forms of capital and money market securities including equities, treasuries, bonds, ETFs, unit trust funds and cash. With an “A+” CSD rating from Thomas Murray, CSCS ranks amongst the best rated financial services firms in Nigeria and one of the best rated FMI in Africa.