As efforts to strengthen Kenya’s equity markets continue to gain momentum, Custody and Registrars a leading share registry and business process outsourcing firm has confirmed the finalization of a project geared at delivering value added services.
With anticipated demand for electronic based services, the firm has invested heavily in Information Technology (IT) based solutions to as part of a strategic plan to deliver cutting edge services.Speaking about the firm’s ongoing capacity enhancement initiatives, Custody and Registrars General Manager Mrs. Kerry-Ann Makatiani explained that the firm is now well positioned to support a wide range of electronic based share registry services.

“Custody and Registrars has covered very good ground in laying the groundwork for the adoption of electronic share registry management services to meet the increasing interest in these services, Mrs.  Makatiani disclosed.
And added: “We have also noted the shift over the recent years to bonds, rights and bonus issues as companies recapitalize for business growth.   We are well equipped to actively support our clients through these business transactions as our operating systems and processes are robust.”
Among other elements, Custody and Registrars is now in a position to offer electronic annual reports and electronic management of shares accounts.
The firm has also enhanced the functionality of SharePower, a web based system that allows shareholders and listed companies to track and monitor their investments online and on their mobile phone. The system comprises of various modules, features, functions and produces various reports such as enquiries, reporting and printouts further enhancing the clients’ convenience.  
While further clarifying on SharePower’s functional capacity, Mrs. Makatiani explained that the system is a vital tool for listed companies and the investors providing Issuers access to monitor their registers’ movements at any given time and extract any information on the shareholding structures, taxation positions, dividend history as well as free alerts of proceedings within the market.
The system she added, also allows uploading of electronic annual reports while empowering shareholders to evaluate their portfolio balances, transaction history, check accuracy of their standing orders e.g. bank/third party mandates, EFT details, accuracy of names and contact details as well as dividend payments history.
Shareholders will also receive alerts on their mobile phone on AGM’s, dividend payment announcements etc. They will be able to track and monitor their shares anywhere, anytime in their own comfort.