Operational unit

Our team is responsible for ensuring that securities transactions are settled in the book-entry system in accordance with rules and regulations. The book-entry system examines, among other things, share transactions made on the stock exchange and transactions in bonds and other financial instruments. Our customers include Finnish and foreign banks, brokerage firms and various depositaries. The investor, on the other hand, always transacts through his/her own bank/brokerage/depositary. The clearing team is a vantage point for monitoring and clearing securities trading.

Our team is responsible for keeping the reference data of the book-entry system up-to-date. We also support our customers in maintaining this data. Our customers include Finnish and foreign banks, brokerage firms and various depositaries. In register services, we also provide services to authorities (e.g. enforcement office, police, tax authority, guardianship, customs). Our team is also involved in processes related to economic sanctions.

In the team, we take care of securities issuances, yield payments and corporate events, such as company mergers, demergers and share issues. The team is a vantage point into the playing field of the corporate world, where profits are paid, companies are sold, bought and merged. In addition, we are responsible for ISIN codes for new instruments.

Our team is responsible for providing services related to general meetings, insider registers and ownership and ownership information to Finnish issuers. Proven to offer the best expertise on the market in general meeting services.

Our team takes care of processing new customer applications and monitoring existing customers, ensuring the reliability and security of the book-entry system. Our team monitors that customers meet the regulatory requirements related to Euroclear Finland (e.g. technical and competence requirements related to the book-entry system) when starting the customer relationship and during the customer relationship. The team becomes familiar with the regulation of the Central Securities Depository. Processes related to Know Your Customer (KYC), Anti-Money Laundering (AML) and Financial Sanctions are also planned and handled by our team.

Our team is responsible for comprehensive operational day-to-day services and back office services for our foreign custody customers. Custody's clients act as custodians for Finnish securities owned by foreign investors. Daily operational and back office tasks include e.g. trade settlement, corporate transactions, income payments and tax reporting. Our team has comprehensive access to several areas of securities operations.