Annual
report

2020

ANNUAL REPORT
OF NATIONAL SETTLEMENT DEPOSITORY
FOR 2020

Depository
Services

Denis Buryakov,
Managing Director
for Depository Operations

By the end of 2020, the value of securities in custody at NSD reached RUB 63.6 trillion, a 20.8% increase against 2019 (RUB 52.67 trillion). The number of securities issues in custody at NSD increased 13.6%, from 23.4 thousand in 2019 to 26.6 thousand in 2020, while the number of non-Russian securities issues and Russian Ministry of Finance’s Eurobond issues increased 17.4%, to 18.2 thousand versus 15.5 thousand in 2019.

The value of Federal Loan Bond (OFZ) balances reached RUB 13.7 trillion by the end of 2020, which represents a 52.9% increase against 2019.

Information
Services

Alexander Diakovskiy,
Chief Data Officer

2020 was the most successful year in the history of NSD’s information services. The number of existing commercial contracts for information services increased ten-fold since 2015 and reached 641. Over the same period, the NSD Valuation Center’s income grew eight-fold, going up 35% in 2020 alone.

Tri-Party
Services

Alina Akchurina,
Managing Director for Collateral
Management and Tri-Party Services

2020 was characterized by a significant drop in the structural liquidity surplus in the banking sector (in 2020, the average surplus was RUB 1.957 trillion versus RUB 3,026 trillion in 2019), and by a decrease in the base interest rate from 6.25% in January 2020 to 4.25% in December 2020.

Trade Repository

Anastasia Kiseleva,
Managing Director
for Repository Services

Following the entry into force of Federal Law No. 211-FZ dated 20 July 2020 “On Making Financial Transactions through a Financial Platform”, NSD split its repository business into two streams, one being the ‘classic’ Trade Repository and the new one being the Registrar of Financial Transactions (RoFT).

To optimize the process of interaction with clients, two sub-committees were established within the Repository Services Customer Committee: the Trade Repository Sub-committee and the RoFT Sub-committee.

Payment
Services

Svetlana Gryanchenko,
Director of Operations Department

For NSD, it is a priority to maintain the high quality of existing services and to introduce new ones in the NSD Payment System. Not only bank account (payment) services are a separate business line, but they are also integrated into NSD’s depository and clearing operations, thus creating all-inclusive services for clients.

IT Services

Alexander Nam,
Managing Director
for Technology Solutions

As the core of the financial market, NSD gives particular attention to developing a reliable IT platform, implementing partnership programs, and ensuring a high level of information security.

before deduction of commission expenses.

In accordance with Bank of Russia’s Directive No. 5062-U dated 17 January 2019.

Information on the Supervisory Board members elected on 30 May 2019 is available in NSD’s Annual Report for 2019.

As of 31 December 2020.

From 9 November 2020.

Until 17 June 2020 (inclusive).

From 18 February 2020.

From 6 February 2020.

Before 1 August 2019, the Committee was headed by Alexey Fedotov, Deputy Head of Depository, Russian Agricultural Bank.

Prior to 11 June 2020: Georgy Uryutov, Director of NSD’s General Economic Department.

Prior to 10 April 2020: Marina Presnyakova, Executive Director, COO, Commercial Bank “J.P. Morgan Bank International” (Limited Liability Company.

Excluding part-timers and employees on a parental leave.

Executive positions: head of a unit, head of a department, head of a division, and Executive Board members.

In accordance with the procedure for preparing the Statement of financial results as approved by the Bank of Russia, a positive value of the item reflects tax expense.

Annualreport

Depository Services

Information Services

Tri-Party Services