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Developments in DCV Evolution “DCV transforms and looks towards the future”

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Dear Depositors:

At this time, we are proud to share with you “DCV Evolution” project, which consists of the renewal of the CORE application, with significant improvements to the current business processes and complies with the best international practices in the industry of securities depositories.

Committed to the current and future needs of the market and our clients, and with conviction that the new technologies must be incorporated into the business to promote development, Depósito Central de Valores (DCV) signed a strategic alliance with Nasdaq, an internationally renowned firm with strong technological capabilities. In April of this year, the implementation of the new CORE application for DCV and its market began, and the process is expected to take 24 months.

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This alliance will entail the following and other benefits for DCV:
1. Incorporating best practices in the provision of securities custody and settlement services.
2. Ongoing access to one of the best technologies used in the securities market, potentially incorporating new and improved services for the Chilean market.
3. The experience of a relevant player in the global financial industry, with access to ongoing renewal.

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We intend to work together with the different players of the financial markets. Your active commitment and participation will be essential for the success of this process.

Some of the activities planned during the project are:
1. Ongoing information, through emails, website, conferences with the market.
2. Online and face to face training.
3. Participation of clients in testing and acceptance groups, among others.

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Your company will receive information on the progress on a timely basis, and you will be invited to participate at various instances planned by DCV. To facilitate the implementation process and keep you up to date, we kindly request that you appoint a representative of the technical area and of the operations area, sending their contact information (name, position, phone number, email) to This email address is being protected from spambots. You need JavaScript enabled to view it..

The proper implementation of the “DCV Evolution” project will benefit the entire market, and it adds to the various efforts being made to different players lead the Chilean capital market to a new standard, prepare ng it for the requirements of the future.

From today we invite you to be part of this change.

Depósito Central de Valores; Depósito de Valores S.A.


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