Percival - world #1 CSD system provider

About the company

Percival

Percival is a brand name for Percival Software Limited, company #2093734 registered in England, having our registered address at 112, Morden Road, London SW19 3BP

CSD Software OÜ, company #14027511, registered in Estonia, having a registered address of Vabaõhumuuseumi tee 1, 13522 Tallinn, is a 100% owned subsidiary of Percival Software Limited

Percival is a developer and vendor of advanced software solutions for Stock Exchanges, Central Securities Depositories (CSDs) with or without central registration as well as Share Registration and Transfer Agents (RTAs).

It’s all about teamwork

Today’s products from Percival include the REGARD system for RTAs, and the DEPEND system for CSDs, and the REVENUE trading platform.

The company was founded in 1987 in the UK, and since that time has developed and renewed its products continuously until the present, seventh development cycle. Percival’s first RTA system was implemented in 1986, its first CSD system was implemented in 1991, and its first trading platform went live in 2021.

Percival’s DEPEND CSD solution handles the post trade processing for the main capital market in 19 countries.

Our team has been together for over 25 years and is the most tightly-knit, knowledgeable, and efficient team committed to the continuous improvement of its expertise and product quality.

Percival’s Achievements

World’s longest established vendor of CSD systems with over 35 years’ history; DEPEND is currently the core CSD solution for 19 main markets across the world; …

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Company history

Percival signs contract with Central Latinoamericana de Valores

2023

REVENUE goes live at the Barbados Stock Exchange

2021

DEPEND & HUBBLE go live in Iceland

2020

DEPEND goes live at the National Depository of Ukraine

2019

Percival signs contract with the National Depository of Ukraine

2018

Percival signs contract to deliver DEPEND & HUBBLE to Icelandic CSD

DEPEND and HUBBLE goes live in all three Baltic CSDs

2017

Percival signs contract with new Icelandic CSD

Percival signs contract to deliver DEPEND & HUBBLE to CSDs in the Baltic

2016

Malta Stock Exchange joins T2S in the 1st wave with HUBBLE

REGARD goes live at Seychelles Breweries Limited

2015

Percival wins the contract to implement DEPEND for Norway’s CSD, Verdipapirsentralen ASA (VPS)

DEPEND goes live in an eight-country regional market – Bourse Régionale Des Valeurs Mobilières

2014

DEPEND goes live at the Central Depository of Armenia

DEPEND goes live at the Malta Stock Exchange

Percival starts development of HUBBLE – configurable message layer tool to ease integration for T2S

2013

Percival wins contract to supply DEPEND to the BRVM in French West Africa

2012

DEPEND goes live at the Estonian Central Securities Depository

DEPEND goes live at the Trinidad & Tobago Central Depository

DEPEND goes live it the Jamaica Central Securities Depository

Percival wins the contract to implement DEPEND for the Central Depository of Armenia

2011

DEPEND goes live at the Barbados Central Securities Depository

DEPEND goes live at the Bahamas Central Securities Depository

DEPEND’s web module is completed and goes live at its first site and is used to handle online voting for shareholders

2010

The first REGARD systems are installed

2007

Percival commence development of its new DEPEND product for CSDR operations

2005

Percival start a new product development cycle for its new REGARD product for Share Registration

2004

Percival set up a joint venture based in Estonia to handle CSDR clients and continued development of this product line; at this time Percival have implemented five CSD systems, including one for an eight country regional market in West Africa

2000

Percival complete development of a module to handle the new employee share schemes being implemented in the UK

1998

Percival release a new generation of CSDR product called Depository 2000 and this starts live operation in the Estonian Central Securities Depository

1997

Percival complete the Crest module and 3 clients go live with Crest

1996

Joint venture firm based in Estonia completes development of the automated trading system for Tallinn Stock Exchange

1995

Percival implement their second CSDR; the implementation takes place in the record time of only three months from contract signing to commencement of live operations

1994

Percival add clearing and settlement functionality to the depository system

1993

Percival implement their first CSD for a beneficial owner level market in Malta

1991

Percival release a major new version to handle the semi paperless TAURUS settlement environment being implemented in the UK

1989

Modules for handling employee benefits in the form of profit sharing schemes and options schemes

1987

Percival implement their first Share Registration system

1986