INFINITUM - Specialized Depository of the Year (Stock Market Elite)

INFINITUM Asset Services won in the Special Depository of the Year category of the Stock Market Elite Awards in 2019, organized by the National Association of Securities Market Participants (NASMP). The announcement of the winners took place on July 10, 2020 in an online broadcast.

The Stock Market Elite Awards has been held by NASMP since 2000 and it is one of the most respected independent awards in the securities market. The winners of the contest are determined on the basis of market participants’ voting data by the National Jury consisting of representatives of financial market companies, infrastructure and experts. Achievements in assets volume, number of clients, diversity and quality of services were assessed in the Special Depositary of the Year nomination. This year, Stock Market Elite Awards features the Special Depository of the Year nomination for the first time, and INFINITUM is the first and so far the only company to receive such a prestigious award.

“INFINITUM is celebrating its 20th anniversary this year and this award is the best gift we could receive,” said Pavel Dengin, Deputy General Director for Development of INFINITUM Specialized Depository JSC. “This year has been difficult for everybody, and to be successful in the new situation it is necessary to constantly move forward, implement advanced solutions and be innovative. Earlier this year, the Bank of Russia issued an advisory report on the development of the role of specialized depositories, in which it supported our longstanding initiative to implement the Fund Administrator idea in Russia, which should simplify the infrastructure for all market participants”.

The list of all the winners of the competition as well as the video ceremony are available on the NASMP website.