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Interested in applying MC3? Send us your details	Securities and Depositories In the depository system, securities are held in depository accounts, which is more or less similar to holding funds in bank accounts. With the help of innovative and flexible technology systems, a depository works to support the investors and brokers in the capital market of the country, with the aim at ensuring the safety and soundness of marketplaces by developing settlement solutions that increase efficiency, minimise risk and reduce costs. In the depository system, the ownership and transfer of securities takes place by means of electronic book entries. At the outset, this system rids the capital market of the dangers related to handling of paper. How MC3 helps MC3 supports the above benefits and ensures successful achievement of them through: Creation of a performance based culture with key focus on organisational learning and innovation. Since depositories have access to key corporate information and knowledge, it is possible to trigger employee inputs to come up with new products and services. Collaboration between employees, customers, business partners and vendors to ideate and create new knowledge-based products for the industry. Increase in ideation through Communities of Practice and tacit knowledge transfer resulting in new ways of decreasing settlement time and arrive at the T+2 cycle. Top
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