Stanbic IBTC Nominees

Our principal businesses are:

• Safe-keeping for assets
• Settlement services for equities, bonds, treasury bills and money market instruments
• Corporate action, income collection and proxy services

Safe-keeping 

• Assets of investors fully segregated from bank's assets
• All capital and money market assets
• Real estate documents kept in vault

Trade settlement

• Well-trained and experienced operations team ensure timely and accurate execution of trades
• Hosted on TCS BaNCS infrastructure

FX processing

• Processing of FX inflows (FX purchase trades)
• Repatriation of FX for traded equities and fixed income
• Electronic Certificate of Capital Importation (eCCI) management

Reporting and reconciliation

• Our records with all depositories (CSCS and CBN) are reconciled daily
• Reports are also rendered to you and the regulators
• Resolution of exceptions with dealing teams
• Prompt dealing of all disclosure requests and audit confirmations

Payments and receipts

• Execution of all  valid cash receipt or payment instructions by our well-trained settlement officers 
• Deployment of best in class enterprise solution - Business Online for cash management

Corporate actions

• Prompt collection and payment of client dividends (cash and srip), coupons and maturity proceeds
• Proxy voting services

Securiries  Lending  Services

• Securities lending allows  customers make additional income on custody assets by loaning securities to approved borrowers on a short-term basis
• The service offers clients new opportunities to grow new income lines whilst creating liquidity in the market

Client Services

• Provision of prompt responses to clients
• Follow-up on relevant teams for resolution of client queries
• Account maintenance and detachment of shares

Universal financial services offering 

• As a subsidiary of Stanbic IBTC Bank -  a member of Stanbic IBTC Holdings, our clients can enjoy access to other financial services solutions based on request, and through over 175 branches nationwide. These include asset management, insurance broking, stock broking, trusteeship, global markets and more.

• Backed by a fully operational team with world-class custodial platforms for records, processing and inventory management, our operations are fully embedded in business continuity principles, disaster recovery testing, online replication of data center as well as four (4) hours business recovery.

Our custodial services are delivered via modern and cutting-edge channels that provide our clients with instant access and on-demand information.

IS Online (Investor Services Online) resides on the Business Online secure platform and gives clients access to other banking products. IS Online enables clients to access their custody portfolios across multiple markets in Standard Bank’s custody network through a single platform and single login. 

The IS Online custody platform is rich in capability and is structured along the following modules and functionality:

• Trade Initiation: Clients can manage their securities transactions including creation, amendment and cancellations.
• Corporate Actions: Clients are empowered to view and instruct on corporate actions.
• Asset Holdings and Securities Enquires: Clients have access to view and extract reports on holdings, valuations and transactions.
• Charges: Provides a view of detailed custody and depository charges per safe-keeping account.
• Self-Service Administration: Allows clients customize their IS Online settings according to preferences.
• Multi-country: Allows single-view for trade initiation and corporate actions across regions irrespective of the country of origination.

Our custodial platforms are modular, giving clients the freedom to choose areas of functionality required by their businesses.