Karachi
\nThe Central Depository Company of Pakistan (CDC) has successfully integrated JS Global Capital Limited into its RAAST Aggregator Platform, marking another milestone in enabling secure and instant investor fund transfers. This strategic initiative further advances CDC\u2019s mission of fostering digitalization, transparency, and operational efficiency in Pakistan\u2019s capital market.
\nThe formal signing ceremony was held at CDC House, where Mr. Badiuddin Akber, Chief Executive Officer of CDC, and Mr. Muhammad Khalilullah Usmani, Chief Executive Officer of JS Global Capital Limited, signed the agreement to formally launch this collaboration.
\nUnder the RAAST framework, CDC assigns each investor sub-account a unique RAAST Investment ID in IBAN format. Once registered as a beneficiary in the investor\u2019s bank, funds are transferred directly into the broker\u2019s client account. The process is completed within minutes, ensuring investors have immediate access to their trading capital.
\nCommenting on the development, Mr. Badiuddin Akber said, \u201cThis partnership with JS Global Capital Limited reflects CDC\u2019s ongoing commitment to digital transformation in the capital market.
\nBy making fund transfers instant, secure, and more convenient, we are helping investors trade with greater confidence and efficiency. We believe such integrations are not just about technology, they are about building investor trust and laying the foundation for a stronger, more transparent capital market ecosystem.\u201d
\nSharing his views, Mr. Muhammad Khalilullah Usmani stated, \u201cJoining CDC\u2019s RAAST Aggregator is a step forward in our strategy to provide best-in-class services to investors.
\nThis integration not only simplifies the fund transfer process but also strengthens investor trust by ensuring speed and reliability. At JS Global, we are committed to embracing innovation and working with partners like CDC to deliver solutions that enhance the investor experience and support the long-term growth of Pakistan\u2019s capital market.\u201d
\nDuring the ceremony, the JS Global team was also briefed on CDC\u2019s Asaan Connect digital onboarding solution, designed to simplify onboarding processes for capital market investors.
\nThe initiative was well received, with both organizations affirming their intent to collaborate further on initiatives that enhance investor facilitation and broaden market accessibility.
\nThe onboarding of JS Global Capital Limited adds to CDC\u2019s expanding series of broker integrations\u2014aimed at boosting investor convenience, driving digital empowerment, and reinforcing trust in Pakistan\u2019s capital market ecosystem.<\/p>\n","protected":false},"excerpt":{"rendered":"
Karachi The Central Depository Company of Pakistan (CDC) has successfully integrated JS Global Capital Limited into its RAAST Aggregator Platform, marking another milestone in enabling secure and instant investor fund transfers. This strategic initiative further advances CDC\u2019s mission of fostering digitalization, transparency, and operational efficiency in Pakistan\u2019s capital market. The formal signing ceremony was held […]<\/p>\n","protected":false},"author":2,"featured_media":501741,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-501719","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"yoast_head":"\n