WHO WE ARE
FMDQ Depository Limited (“FMDQ Depository”), registered by the Securities and Exchange Commission, Nigeria, was established as a wholly owned subsidiary of FMDQ Group PLC to provide centralised securities depository and post-trade services in the Nigerian Capital Markets; complementing the clearing function being discharged by FMDQ Clear Limited and offering market participants an unrivalled opportunity to experience enhanced straight-through-processing. FMDQ Depository is positioned to provide a safe depository for financial markets assets, as well as facilitate settlement of capital market transactions.
We value our participants, respect their requirements, and place a premium on providing best-in-class services every-time. Consequently, our value propositions are crafted to consistently deliver in the three ways as shown on the tiles below:
Our technology platform delivers
- Straight Through Processing – seamless workflows
- High data integrity and fidelity
- Secure messaging and integrations
Our risk management practices are based on
- Robust risk management framework
- Strong controls and compliance practices
- Globally recognised CSD certification [planned]
Our service management solution employs
- Standards driven service delivery framework
- Bench-marked service performance metrics
- Commitment to industry-wide improvements
OUR STATEMENT
VISION
MISSION
OUR CORE VALUES
Teamwork and Collaboration​
Teamwork and Collaboration​
Innovation
Innovation
Integrity
Integrity
Value-adding
Value-adding
BOARD OF DIRECTORS
The FMDQ Depository Board of Directors is responsible for setting the operational and governance architecture for the Depository.
MANAGEMENT TEAM
The Management Team is made of experienced professionals working together to execute the Company’s strategy.
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