Material name
Date
Material Type
Language
Format
Size
Scalability
Operational efficiency gains.
Upgrade of Asset Transfer between Custodians (STVM) - Listed Products
Transfer of assets of the same ownership between custodians has been streamlined
This project aims to replace manual and paper-based processes (STVM or Securities Transfer Request), related to transfer of assets of the same ownership between different custodian agents, with electronic and automated processes through B3 Investidor, CAC platforms and iMercado services network.
As well as providing efficiency gains to the market when processing investor requests, the project helps streamline and simplify the process for all those involved.
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Product benefits
Risk reduction
Automation of the process reduces possible manual operational errors.
Simplification
Paper elimination and process simplification for all types of investors (individual, legal and institutional investors).
Visibility
Full digitization promotes better governance and transparency in monitoring the entire process flow.
Learn more about the upgrade of asset transfer processes at B3 Central Depository.
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This project will impact custodian agents who adhere to the electronic STVM process and requires the necessary readiness to adapt to the new model.
Timeline
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06/28/2023
Webinar
null
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07/03/2023
Go-live
Available to the market
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12/31/2023
Other
Other
Technical details
Catalog changes
No catalog changes
Main systems
GAP, iMercado, CAC
Main related functions
No functions impacted
Certification roadmap
Mandatory and available
What is the Sinacor version?
v21.2
