Italy

Monte Titoli is the CSD authorized for centralized management services in the Italian market.

Below is an overview of the services offered:

  • Pre-settlement: allows the routing of markets and/or OTC contracts
  • Settlement: offers all the features of T2S, the platform managed by BCE
  • Asset servicing: includes the Custody service which allows customers, issuers and intermediaries to manage their dematerialized securities in an efficient and automated manner. The centralized management service also includes Italian public debt securities, for which we are the only allowed depository. Monte Titoli also guarantees the execution of corporate actions in a fully automated manner and in line with international standards. Includes the FIS & CPA service for sending shareholder data to issuers and the RCC service for the recognition to issuers of the fees due to intermediaries for interventions made by the latter in the securities files of their customers' shareholders
  • Fiscal services: Monte Titoli offers non-resident intermediaries a range of solutions and services for Italian financial instruments

All services are fully automated, from instructions delivery to processing and reporting. All services are available through all supported connectivity channels: SWIFT, RNI and Monte Titoli 4U.