Nigeria’s premier capital market infrastructure provider, the Central Securities Clearing System Plc (CSCS) says it has unveiled a user-centric digital solution portal to optimize custodian operations through intuitive, secure, and efficient features.

The portal, it said in a statement, offers a streamlined experience for market participants, with powerful tools that facilitate comprehensive portfolio and trade management, document tracking, share transfer operations, client symbol search, and real-time access to vital data.

Operating through a flexible subscription-based model, the portal empowers users to manage their records effortlessly and securely through convenient payment channels such as GTPay and Paystack.

Designed with user experience in mind, the portal also features tools like portfolio viewing and downloads in PDF or Excel format, tracking of stock movements across date ranges, inbox messaging and request tracking, and robust user management capabilities including role assignment and status tracking.

• Jalo-Waziri

Commenting on the initiative, Haruna Jalo-Waziri, Managing Director/Chief Executive of CSCS Plc, said “digital transformation remains at the core of our strategy to enhance the efficiency, transparency, and accessibility of Nigeria’s capital market services. The Custodian Portal is a significant leap in that direction, offering custodians a centralized platform to manage critical processes in real-time,”

Jalo-Waziri expressed excitement “about the value this innovation brings to our stakeholders, and we will continue to evolve the platform in line with users’ needs and industry trends.”

Also speaking, Tobe Nnadozie, Divisional Head, Business Technology and Digital Innovation, CSCS Plc, added that “the Custodian Portal aligns with CSCS’s drive to automate the market. In addition to the normal features, the platform is a part of an omnichannel platform for custodians, which includes API services. It also connects to the market-wide workflow, which CSCS has built to ensure secure communication and approvals across all major stakeholders in the market. The platform is well secured with best-of-breed cybersecurity solutions and our SOC.”

The Custodian Portal reinforces CSCS’s commitment to leveraging technology to streamline back-office functions and support a more agile, data-driven capital market ecosystem.

All custodians in the Nigerian capital market have now been successfully onboarded on the Custodian Portal, marking a significant milestone in CSCS’s ongoing drive to enhance collaboration, standardize operational processes, and promote digital adoption across the market.