Decevale
Decevale is the sole centralized securities depository in Ecuador, providing custody, dematerialization, compensation, settlement, and shareholder registry services for private securities through authorized Depositantes, including securities firms, fund administrators, issuers, and public institutions.
- Company typePrivate
- Founded1994
- HeadquartersGuayaquil, Ecuador
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Decevale does
Decevale (Depósito Centralizado de Compensación y Liquidación de Valores Decevale S.A.) is a privately held Ecuadorian sociedad anónima founded in 1994 and headquartered in Guayaquil. It operates as the sole centralized securities depository in Ecuador, authorized by the Ley del Mercado de Valores and supervised by the Superintendencia de Compañías, Valores y Seguros. The company provides custody, dematerialization, compensation, settlement, payment agent, and shareholder registry services for private securities traded on Ecuador's two stock exchanges.
Decevale's core platform is a centralized depository system that maintains sub-accounts for authorized Depositantes — Casas de Valores (securities firms), Administradoras de Fondos (fund administrators), Emisores (issuers), and Instituciones Públicas (public institutions). All natural and legal persons (Titulares) access Decevale's services exclusively through these intermediary Depositantes, making this a B2B infrastructure model with no direct retail channel. The platform settles operations from both Ecuadorian stock exchanges, which collectively processed approximately $3,552.5 million in trading volume in 2004 (the most recent disclosed figure).
Decevale generates revenue through transaction fees on depository services — custody, compensation, and settlement — charged to its Depositante network. The company employs 11–50 people and is a regulated financial market infrastructure entity rather than a technology or software vendor. No revenue figures, funding rounds, M&A activity, or leadership changes are publicly disclosed, and no AI/ML capabilities are evident in the product or technology stack.
Decevale firmographics
Firmographics- Name
- Decevale
- Legal name
- Depósito Centralizado de Compensación y Liquidación de Valores Decevale S.A.
- Website
- https://decevale.com
- Company type
- Private
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Decevale is the sole centralized securities depository in Ecuador, providing custody, dematerialization, compensation, settlement, and shareholder registry services for private securities through authorized Depositantes, including securities firms, fund administrators, issuers, and public institutions.
- Ownership category
- akta.pro rank
Decevale industry classification
Industry- Product category
- Securities Depository Services
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Prime Brokerage Custody & Asset Servicing (Custody Component) (FSAFAHAF)
- akta.pro secondary industries
- Fund Custody & Transfer Agency Services (FSACAHAG), Tri-Party Collateral Management & Settlement (FSACAHAE)
Keywords
Where Decevale is headquartered
LocationHeadquarters
- HQ city
- Guayaquil
- HQ country
- Ecuador
- HQ region
- Latin America
Markets served
Decevale business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Infrastructure, Others
Revenue model
- Depository Services: Fees for custody, compensation, and settlement services provided to Depositantes operating in the Ecuadorian securities market. Services are delivered exclusively through authorized Depositantes (Casas de Valores, Administradoras de Fondos, Emisores, Instituciones Públicas).
Go-to-market motion1 record
Distribution channels1 record
Decevale product offering
Product offeringCore offering
Decevale S.A. operates as Ecuador's sole centralized securities depository, providing custody, dematerialization, payment agency, and shareholder registry services to authorized Depositantes. The entity clears and settles securities transactions executed on Ecuador's two stock exchanges, maintaining sub-accounts for both proprietary and third-party holdings.
Product overview
Decevale S.A. operates as a unified platform providing centralized securities depository, compensation, and settlement services for the Ecuadorian securities market. The company functions as the only authorized centralized depository for private securities at the national level. Its core offerings include custody services, dematerialization, payment agency, and shareholder registry management, all delivered through a network of authorized Depositantes (depositors) including Casas de Valores, Administradoras de Fondos, Emisores, and Instituciones Públicas. The platform liquidates operations traded on Ecuador's two existing stock exchanges, which collectively processed approximately 3,552.5 million US Dollars in trading volume as of 2004.
Differentiator
Problem solved
Functional benefit
Products and services
- Custodia de Valores (Securities Custody)
- Desmaterialización (Dematerialization)
- Agente de Pago (Payment Agent)
- Registro de Acciones y Accionistas (Shareholder Registry Management)
Companies that use Decevale
Customer profileSegments4 records
Ideal customer profiles4 records
Decevale technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Decevale partnerships and signals
Strategic signalScale indicators1 record
Recent moves3 records
Expansion highlights3 records
Decevale competitors and assessment
Company assessmentDirect peers
- Cavali S.A. ICLV: Cavali is the centralized securities depository in Peru providing custody, clearing, settlement, and registry services authorized under the Peruvian capital markets law. It is the closest functional peer — small, single-country, post-trade infrastructure monopoly analogous to Decevale in Ecuador.
- Cevaldom S.A. Cevaldom is the Dominican Republic's centralized securities depository providing custody and settlement services under Dominican capital markets law. Functionally analogous to Decevale in a similarly small open-economy jurisdiction.
- Depósito Centralizado de Valores (DECEVAL) — Colombia: DECEVAL is the Colombian centralized securities depository providing custody, dematerialization, and settlement services under Colombian securities regulation. It performs the identical role as Decevale in the larger Colombian market, making it one of the closest functional comparables in the region.
- Indeval — Institución para el Depósito de Valores: Indeval operates as Mexico's central securities depository for equities, fixed income, and derivatives collateral. It is a directly comparable LATAM CSD, sharing Decevale's custody/settlement mandate but at materially greater scale.
- Depósito Central de Valores (DCV) — Chile: DCV is Chile's centralized securities depository offering custody, settlement, and registry for private and public securities. It performs the same single-jurisdiction post-trade monopoly role as Decevale, just within a substantially larger and more developed Chilean market.
Broad incumbents
- Euroclear: Euroclear is one of the world's largest international central securities depositories, providing cross-border custody and settlement for securities across multiple European and international markets. It is comparable to Decevale in the underlying activity but operates at a vastly larger, multi-currency scale.
- B3 S.A. (Brasil, Bolsa, Balcão): B3 is the integrated Brazilian exchange, clearinghouse, and central securities depository operating custody, clearing, and settlement across equities, fixed income, and derivatives. It overlaps Decevale's depository role as part of a much broader market infrastructure portfolio.
- Clearstream: Clearstream is a major international central securities depository providing global custody, settlement, and asset servicing, primarily through its Luxembourg and Frankfurt entities. It addresses the same post-trade activities as Decevale but as part of a global, multi-jurisdiction franchise.
Others
- Banco del Pacífico (Custodia Local): Banco del Pacífico is a major Ecuadorian commercial bank that provides local securities custody services on a non-exclusive basis. While not a direct competitor to Decevale as a centralized depository, it operates in the adjacent securities-servicing ecosystem within the same domestic market.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Decevale social profiles
Digital presenceDecevale financial estimates
Financial estimateRevenue estimate
Valuation estimate
Decevale leadership team
Management profileNumber of profiles
Decevale funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Decevale M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Decevale
What does Decevale do?
Decevale S.A. operates as Ecuador's sole centralized securities depository, providing custody, dematerialization, payment agency, and shareholder registry services to authorized Depositantes. The entity clears and settles securities transactions executed on Ecuador's two stock exchanges, maintaining sub-accounts for both proprietary and third-party holdings.
Is Decevale a public or private company?
Decevale is a private company. It is classified as unknown and is currently operating.
When was Decevale founded?
Decevale was founded in 1994. It employs 11 to 50 people.
Where is Decevale based?
Decevale is headquartered in Guayaquil, Ecuador, in the Latin America region.
How does Decevale make money?
One revenue line is on record: depository Services.
Who are Decevale's main competitors?
Direct peers on record are Cavali S.A. ICLV, Cevaldom S.A., Depósito Centralizado de Valores (DECEVAL) — Colombia, Indeval — Institución para el Depósito de Valores and Depósito Central de Valores (DCV) — Chile. Broad incumbents are Euroclear, B3 S.A. (Brasil, Bolsa, Balcão) and Clearstream. Banco del Pacífico (Custodia Local) is listed as an others.
Does Decevale have an API?
No public API is recorded for Decevale.
What industry is Decevale in?
Decevale's product category is Securities Depository Services. Its primary akta.pro industry code is FSAFAHAF, Prime Brokerage Custody & Asset Servicing (Custody Component), with a secondary code of FSACAHAG, Fund Custody & Transfer Agency Services. Its NAICS code is 522320 and its SIC code is 6200.