Who is CRA ?

CRA is the authorized Central Securities Depository (CSD) for dematerialized financial instruments in Turkey. CRA provides custody and post-trading services for a number of securities including equities, corporate debt securities, warrants, Exchange Traded Funds (ETFs), and mutual funds. The CDS (Central Dematerialized System), the main system run by CRA, provides services to participants (financial institutions and issuers), the ISE, Takasbank and investors. CRA plays a central role in securities market both as a post trading institution and as the primary source of ownership information for the issuers.

CRA’s main purpose is to increase Turkey’s profile as an investment destination by providing high quality services and becoming a leading CSD for the region and beyond. CRA’s strategic objectives are to ensure operational excellence, to implement high level of technology, to be a leading innovative company, to drive global best practices, to fulfil regulatory and supervisory obligations and to increase corporate governance profile of the market.

As a result of conducted works CRA's CDS Project was accepted as an R&D project that would establish new methods for “cost cutting and promotion of standards” and supported financially by the Scientific and Technological Research Council of Turkey (TUBITAK). The Project also received an award of merit at the 7th Technology Conference that was jointly organized by TUBITAK, the Technology Development Foundation of Turkey (TTGV) and the Turkish Industrialists’ and Businessmen’s Association (TUSIAD) on 11 December 2007.