About CVL

CDSL Ventures Limited (CVL) is a wholly owned subsidiary of Central Depository Services (India) Limited (CDSL), which is the only listed Securities Depository in Asia and only the 2nd depository to be listed in the world.

CVL began its journey in 2008 by handling Customer Profiling and Record keeping of Mutual Fund Investors on account of the PMLA Act related KYC requirements. After the introduction of the KRA regulations in 2011, CVL was the first entity to register as a KYC Registration Agency (KRA) with SEBI. As a KRA, CVL provides fully digitized KYC services to all intermediaries in the Capital Markets. CVL currently holds over 6 Crore fully digitized KYC records.

CVL is also offering the following as part of its service portfolio:

1. CKYC supporting services: CVL assists intermediaries to become CKYC supporting services compliant by facilitating upload of KYC documents to CERSAI.
2. Aadhaar based eKYC services.
3. Aadhaar based esign services.
4. Registrar and Transfer Agent services (RTA).
5. PMJJBY services: Maintaining a Claim Repository and performing dedupe activity for claims under PMJJBY scheme.
6. GST Suvidha Provider Services for filing GST Returns.
7. Processing and handling Refund payments to investors.
8. Academic Depository: Digitizing and hosting academic awards to enable access by Students and Verifiers.

CVL aims to be globally respected as an ITES company. Ethics, values and reputation are vital to its philosophy. CVL lays special emphasis on integrity of its people because of the trust reposed by its clients. CVL derives confidence from its team, which has a 'Securities Market Domain Expertise'. CVL, believes in empowering its people so that they handle challenging assignments and exceed customer expectations.

CVL has in place a stringent policy and systems to ensure confidentiality of data. Strong electronic and physical security measures ensure security of confidential data. CVL databases are maintained in-house with proper mechanism in place to monitor server capacity utilization and augmentation. There is a proper backup and archival process being followed as per the backup policy defined. CVL has a Primary Data Center and Disaster Recovery center for all its critical IT Operations. The Disaster recovery center is located in a different seismic zone and the data is mirrored on near real time basis. DR drills are conducted once a quarter and an audit trail of the same is maintained. The network management at CVL ensures that the bandwidth requirement is monitored to handle processing of large volumes across multiple processes. CVL is ISO 27001 compliant and is regulated by multiple regulators for different projects.

Being subsidiary of a large Market Infrastructure Intermediary like CDSL, the infrastructure, security and risk management practices of CVL are benchmarked to the best in the industry.