OeKB CSD

What OeKB CSD does

OeKB CSD GmbH is the sole authorized Central Securities Depository for the Austrian capital market, operating under EU Regulation 909/2014 (CSDR) since August 1, 2018 and licensed by the Austrian Financial Market Authority (FMA) under European Securities and Markets Authority (ESMA) oversight. The company is a 100% subsidiary of Oesterreichische Kontrollbank Aktiengesellschaft (OeKB) — the Austrian control bank — and traces its operational lineage to 1949, when OeKB was first tasked with running the Vienna Securities Depository; the CSD business was carved out into a separate GmbH legal entity in September 2015 to comply with the CSDR framework. Headquartered in Vienna (Strauchgasse 1-3, 1010 Wien) with 37 employees as of December 31, 2025, OeKB CSD provides five CSDR-mandated core functions: notary services and safekeeping (including Digital Global Certificates and Paper Global Certificates), securities account administration, cash account administration in Euro and foreign currencies, securities settlement via the Eurosystem's TARGET2-Securities (T2S) platform, and asset servicing (income collection, corporate actions, fund measure reporting).

The technology stack is built around European market-infrastructure primitives rather than proprietary novel architecture: T2S for settlement in central bank money, the proprietary Issuer Platform for digital securities lifecycle management, SWIFT messaging in ISO 15022 and ISO 20022 formats, proprietary Online Service Clients (Settlement Client, Asset Servicing Client, Account Information), and the MERCUR public notification system operated on behalf of the Federal Minister for Justice under the Kraftloserklärungsgesetz (KEG). The company also maintains a Qualified Intermediary Agreement with the IRS and FATCA/IGA2 compliance infrastructure, and has been a UN Global Compact member since November 2021. At year-end 2025 the company held 15,444 ISIN categories under custody with €539.2 billion in bonds and €411.8 billion in shares and mutual funds, and processed 1,998,125 settlement transactions — up approximately 21% year-over-year from 1,644,475 in 2024.

Revenue is generated through transaction fees, custody fees, and service charges based on service usage, with transparent pricing published in the Anhang 3 Preise schedule; revenue is not publicly disclosed and is consolidated into the OeKB Group accounts. The customer base consists of approximately 350 issuers (ranging from small enterprises to large listed corporations) and approximately 70 securities/cash account holders (credit institutions, securities firms, CSDs, central counterparties, and public entities), making OeKB CSD structurally the central post-trade infrastructure for the entire Austrian capital market. Distribution is direct via dedicated relationship managers, service centers, secure online portals, and participation in industry working groups (AMI-SeCo, CANIG, Aktienforum, C.I.R.A.); the company reached the €1 trillion assets-under-custody milestone in 2026.

Name

OeKB CSD

Legal name

OeKB CSD GmbH

Website

https://oekb-csd.at

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

51–100 employees

Short description

OeKB CSD GmbH is Austria's sole authorized Central Securities Depository under EU CSDR, providing notary services, safekeeping, settlement via T2S, cash account administration, and asset servicing to approximately 350 issuers and 70 depository institutions in the Austrian capital market.

Ownership category

akta.pro rank

Product category

Post-Trade Financial Market Infrastructure

NAICS

Finance and Insurance (52)

SIC

Finance Services (6199)

akta.pro primary industry

Central Securities Depository (CSD) & Securities Settlement Services (FSAAAOAD)

akta.pro secondary industry

Central Securities Depository (CSD) & ICSD SFT Services (FSACAIAL)

Keywords

• Central securities depository
• Securities settlement services
• Post-trade infrastructure
• Capital market services
• Issuer and custody services

Headquarters

HQ city

Gerasdorf Bei Wien

HQ country

Austria

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales

Revenue model

1. CSD Core Services: Fees for central securities depository services including notary services and safekeeping, securities account administration, cash account administration, settlement, and asset servicing. Revenue is generated through transaction fees, custody fees, and service charges based on service usage.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

OeKB CSD is the Central Securities Depository for the Austrian capital market, providing securities settlement, custody/safekeeping, issuer services, and related post-trade infrastructure to financial institutions, issuers, and other CSDs. It is authorized under EU CSDR and operates as a 100% subsidiary of Oesterreichische Kontrollbank AG (OeKB).

Product overview

OeKB CSD operates as a Central Securities Depository (CSD) for the Austrian capital market, offering a comprehensive suite of post-trade infrastructure services built around five core functions mandated by CSDR. The product portfolio centers on Notary Services & Safekeeping (securities custody with DGC and PGC management), Depotführung (securities account administration), Geldkontoführung (cash account management), Settlement (securities transaction processing via T2S), and Asset Servicing (income collection and corporate actions). The Issuer Platform provides the digital infrastructure for the complete securities lifecycle from issuance to delisting. Clients access services through proprietary Online Service Clients including the Settlement Client, Asset Servicing Client, Account Information portal, and the consolidated My OeKB CSD portal. The company also provides specialized services for paying agents, securities inspectors, fund measure reporting, and the MERCUR lost securities register. All services are delivered in compliance with EU-CSD Regulation (VO (EU) 909/2014) and connected to European infrastructure via TARGET2-Securities and SWIFT messaging standards.

Differentiator

Problem solved

Functional benefit

Brands

• My OeKB CSD: Exclusive online customer portal for OeKB CSD clients, providing access to securities information, statistics, user committee information, and exclusive documents.
• Issuer Platform
• MERCUR

Products and services

• Securities Settlement Services Central securities depository settlement services for Austrian securities, offered to banks, custodians, broker-dealers, and other CSDs that need to settle transactions in the Austrian market. Operates on the Eurosystem's T2S platform for cross-border settlement.
• Custody and Safekeeping Services Safekeeping and asset servicing of securities held in the Austrian CSD, offered to financial institutions and other CSDs. Underpins the CSD's regulatory role under CSDR.
• Issuer Services End-to-end issuer services for corporate, financial, and public-sector issuers in the Austrian market, including issuance registration, ongoing corporate actions processing, and statutory notifications. Delivered via the proprietary Issuer Platform online client.
• DGC (Online Client Platform) Proprietary online client portal for CSD participants to access OeKB CSD settlement, custody, and reporting services. Serves as a direct-access digital channel for participants.

Quantifiable outcome

• €1 Trillion assets under custody
• +2 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature6 records

Partnerships

One partnership is on record.

• ICIEC (Islamic Corporation for the Insurance of Investment and Export Credit)minorStrategic or Co-development Partner · 14 May 2026Framework Reinsurance Agreement signed during the 2026 Spring Meeting of the Berne Union. Enables ICIEC to provide facultative reinsurance on a case-by-case basis for export credit and investment insurance facilities supported by OeKB. Aims to expand capacity and enhance risk-sharing for transactions between Austrian exporters and counterparties in ICIEC Member States.

Scale indicators13 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Euroclear: Operates the Euroclear Bank ICSD and several European CSDs (Belgium, France, Netherlands, UK, Sweden). Comparable to OeKB CSD as a multi-market CSD operator with cross-border settlement capabilities on T2S, but with substantially larger AUC and broader geographic reach.
• Clearstream (Deutsche Börse): One of Europe's largest CSDs and the operator of the international CSD (ICSD) Clearstream Banking Frankfurt/Luxembourg. Directly comparable to OeKB CSD as a T2S-connected CSD providing settlement, custody, and asset servicing — though at significantly greater scale and with international reach.

Direct peers

• Monte Titoli (Italy): Italy's national CSD, part of Euronext group. Direct peer to OeKB CSD as a single-country CSD for the Italian market, providing identical CSDR-mandated services (settlement, safekeeping, asset servicing) on the T2S platform.
• Iberclear (Spain): Spain's national CSD operated by BME (now part of SIX Group). Direct peer to OeKB CSD as a domestic CSD for the Spanish market, providing settlement and custody via T2S. Comparable in regulatory mandate and service scope.
• SIX SIS (Switzerland): Switzerland's national CSD, operated by SIX Group. Direct peer to OeKB CSD as a single-country CSD providing settlement, custody, and asset servicing on T2S for its domestic capital market. Comparable in scale and mandate, though SIX SIS also serves a larger Swiss market.
• LuxCSD: Luxembourg's national CSD, operated by Clearstream. Direct peer to OeKB CSD as a small domestic CSD serving a focused market with T2S settlement, with similar regulatory profile under CSDR.
• Euronext Securities Copenhagen (VP Securities): Denmark's national CSD, now part of Euronext Securities. Direct peer to OeKB CSD as a small European national CSD providing T2S settlement and asset servicing for the Danish market, with similar regulatory status and operational scope.

Regional players

• KDPW (Poland): Poland's national CSD and trade repository, operating KDPW_TR and KDPW_CCP. Comparable to OeKB CSD as a Central European CSD providing settlement and asset servicing on T2S, serving the Polish capital market.
• Nasdaq CSD (Baltics): CSD serving Estonia, Latvia, Lithuania, and Iceland as part of Nasdaq's Market Technology Services. Comparable to OeKB CSD as a multi-country European CSD operator using T2S, though focused on Baltic markets.
• Edaad (Qatar): Qatar's central securities depository (recently visited OeKB CSD per company news). Comparable as a single-jurisdiction CSD operator, though serving the Qatari capital market rather than competing directly with OeKB CSD.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/oekb-csd-gmbh

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OeKB CSD