Central Securities Depository Of IRAN

background

Introduction

As one of the two subsidiaries of Central Securities Depository of Iran, Samat Samaneh was established in 2012 to address and focus upon the IT requirements of its parent company. The main objective of SAMAT Samaneh is defined as to design, develop, launch electronic and computerized platforms, and provide a wide range of IT solutions for both pre-trade and post-trade activities that CSDI is in charge of within the Iranian capital market. 

Samat Samaneh is also supposed to take care of the safety and efficiency of the capital market IT-based operations as well as investors' assets in the capital market.

 

Background

 

Central Securities Depository of Iran , as the main database of Iran's capital market, has always been trying to provide the market participants with the high-quality registry, depository, clearing, and settlement services, as well as a wide range of value-added services in the most efficient way. To answer the need more efficiently, the company's board of directors agreed to establish a company separate from the IT department to care for providing services like trade verification, clearing, settlement, risk management, corporate actions, as well as holding issuers' general meeting's electronically.

Samat Samaneh is also supposed to adjust its services customized for its customers by using the latest, innovative and state-of-the-art technologies. And along with its parent company, i.e. CSDI, and in line with its inherent mission to support its beneficiaries such as exchanges, investment banks, issuers, investors, brokers, and all other market participants, Samat Samaneh tries to tackle the requirements through the most efficient value-added services.

In order to deliver its missions in the most efficient fashion, Samat Samaneh has always prioritized the very fact that the duties require an effective management and application of novel IT-based technologies, and has pursued the policy of benefiting from both innovative and cutting-edge technologies as well as employing top-tier IT and computer specialists to realize its top-notch visions. 

Samat Samaneh is also considered the main software and pre-trade and post-trade platform provider to CSDI, as it has been established to provide IT services to the company. Safekeeping investors' assets, providing cybersecurity to ensure the safety and effectiveness of the capital market IT-based activities are among Samat Samaneh's self-proclaimed objectives.

Considering the potential cooperation with international organizations, the company has developed all its products with such a great flexibility, including capability of adding foreign currencies and making them compatible with legal requirements in different jurisdictions to make them fit to address the evolving needs of all potential stakeholders in the international markets. 

Ability to provide the necessary infrastructure, the extended domain of services, the unmatched commitment to provide the best services to its customers, and, above all, the affiliation to one of the biggest and reputable entities in the Iranian capital market are among the qualities that make Samat Samaneh an outstanding company compared to its peers. 

Currently, a number of products, platforms and systems developed by Samat Samaneh, in domains of e-KYC, electronic general meetings, FMI, Post-trade services, data e-access, and risk management are deployed by the Iranian and international companies active in the capital market industry. 

Some of the main duties and services provided by Samat Samaneh are listed as follows:

  • Providing Value-Added Services
  • Risk Management Programs
  • Providing Data Security
  • Managing IT Solutions
  • Providing Post-Trade Network Design & Management Services
  • Remote Network Monitoring
  • Data Protection & Backup Server Administration

 

Shareholders

 

99.97 percent of Samat Samaneh's shares belong to CSDI, while three entities of the SEO Staff Cooperative Company (0.01%), SEO Staff Credit Cooperative Company (0.01%) and Capital Market Central Asset Management Company, CSDI’s associate company, (0.01%) are holders of the remaining shares. 

 

 

SAMAT Samaneh at a glance

 

Type Private joint-stock company
Industry IT Business Services
Founding year 2012
Chairman Alireza Mahyar
Chief Executive Officer Ali Hassani

 

 

Contact Information

 

Telephone Number +98 (21) 88973978
Webpage Address samatsamaneh.ir
Email Info@samatsamaneh.ir
Postal Code 1587673815