Solutions · Custodians & CSDs

Custody and settlement platform for custodians, sub-custodians and CSDs

Safekeeping, DVP settlement, SWIFT messaging, corporate actions, reconciliation and the general ledger, on one source of truth.

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In short

ZagTrader gives custodians, sub-custodians and CSDs one post-trade platform for safekeeping, DVP, RVP and FOP settlement, SWIFT messaging, corporate actions, reconciliation and the general ledger, so positions, instructions, cash and postings share one source of truth. The same platform carries $500B+ in client assets for 100+ institutions and already exchanges ISO 15022 messages with depositories such as Edaa.

Settlement: DVP, RVP and FOP, per leg
SWIFT messages: MT540 to MT548, MT535 to MT537, MT564/566
Account structures: Omnibus and segregated

What custody operations teams ask first

Settlement, messaging, corporate actions, breaks and the books.

Settlement with per-leg status

DVP, RVP and FOP per market and custodian, early- and final-cut instructions, standard settlement instructions and T+N cycles.

See settlement

SWIFT, governed end to end

Instructions, confirmations, status and statements over ISO 15022, with maker-checker, any service bureau and stuck-message alerts.

See SWIFT Suite

Corporate actions from the depository

Events arrive from the depository feed, entitlements are calculated per beneficiary, and a second user approves before posting.

See corporate actions

Reconciliation that flags breaks

Daily custodian, holdings and client-money reconciliation, matched by ISIN, quantity and reference, with exceptions flagged and aged.

See custody and back office

Ledger posting as it happens

Custody, settlement and cash activity post to a multi-currency general ledger in real time, not in an end-of-day batch.

See finance and accounting

Foreign investors and omnibus accounts

Foreign-investor accounts, including the former QFI structures, plus omnibus and segregated models, with multi-custodian settlement reconciliation for international clients.

See foreign investor access

Full capability detail

Traditional and digital assets, with automation, auditability and compliance built in.

Capability	What you get
Who it serves	Institutional custodians, sub-custodians, clearing agents and central securities depositories.
Custody engine	The full custody lifecycle: safekeeping, transfer instructions, sub-ledger creation and relationship mapping across counterparties.
Settlement	DVP and FOP, net and gross settlement workflows, integrated with market infrastructure such as SWIFT, CCPs and internal ledgers.
SWIFT messaging	SWIFT ISO 15022 and ISO 20022 standards plus custom message formats for institutional partners, covering settlement instructions, corporate actions and reconciliation.
Corporate actions	The full lifecycle, from announcements and event management to entitlement calculation, client notifications, elections processing, dividend payments and settlement, for dividends, rights issues, mergers and other events, with built-in validation rules.
Reconciliation and general ledger	Real-time three-way reconciliation across client, custodian and counterparty books, with automatic posting to the sub-ledger and general ledger.
Multi-asset coverage	Equities, bonds, mutual funds, ETFs, digital assets, tokenized securities and more, for traditional and digital assets alike, managed from one dashboard.
Digital-asset custody	Cryptocurrencies and tokenized assets held in segregated wallets with multi-signature support and hardware security module integration, compliant with VASP regulations and travel-rule requirements.
Security and access control	Fine-grained permissions, user roles, approval workflows, multi-level authorization and segregation of duties, with audit trails.

Free tool, no sign-up

Try the free MT/MX Parser

Decode MT and ISO 20022 messages with our free parser. Paste a message to see every field explained, or look up a settlement status or reason code.

Every MT block, field, sequence and qualifier decoded in plain English
ISO 20022 XML shown as a tree, with the MT message that does the same job
Status, reason and event codes explained, with what to do next
Runs in your browser: nothing you paste is uploaded

Look up

Free to use, no sign-up. Available publicly until further notice.

Open the parser See what it does

Codes page listing settlement status and reason codes from MT548, MT537 and sese.024, such as PEND, NMAT and MACH, and corporate action event codes from 22F::CAEV, such as DVCA, RHTS and SPLF

Frequently asked questions

Which settlement models and SWIFT messages are supported?

DVP, RVP and FOP settlement with per-leg status and rejection tracking, on T+0 to T+N cycles per market. SWIFT covers MT540 to MT547 instructions and confirmations, MT548 status, MT578 allegements, MT535 to MT537 statements and MT564/MT566 corporate actions over ISO 15022, with ISO 20022 (MX) format capability.

Can institutions aggregate custody across several custodians?

Yes. Holdings and cash are reconciled daily against each custodian, with multi-custodian settlement reconciliation for international clients, so positions held at several custodians roll up into one book. For family offices and investment offices, ZagTrader Investment Office consolidates every custody account at each custodian into one view in a base currency.

Does it connect to local depositories and clearing houses?

Yes. The platform connects to central securities depositories, clearing houses and global and regional custodians. In Saudi Arabia, for example, it integrates with Edaa over ISO 15022 and settles DVP in line with Muqassa. SWIFT runs through any service bureau via message queues, APIs or secure file transfer.

How are corporate actions controlled?

Each event enters as a draft, is checked against the expected beneficiary list and is posted by a different authorised user, with a full audit trail. Dividends, splits, rights, spin-offs, mergers and sukuk coupons are covered, and withholding tax posts to the ledger.

Can we hold digital assets alongside securities?

Yes. Equities, bonds, funds, ETFs, digital assets and tokenised securities are managed from one platform. Digital-asset custody uses segregated wallets with multi-signature support and integration with hardware security modules.