CEDEVAL

Central Securities Depository Servicescedeval.com

CEDEVAL is the sole Central Securities Depository of El Salvador, providing electronic securities custody, settlement, and issuance registration services to brokerage houses, pension funds, banks, and government entities, holding over $14 billion in custody assets as of October 2025.

Company typePrivate
Founded1998
HeadquartersEscalón, El Salvador
Headcount11–50
GTM typeB2B
OfferingServices

What CEDEVAL does

CEDEVAL (Central de Depósito de Valores, S.A. de C.V.) is the sole Central Securities Depository (CSD) of El Salvador, operating as the country's exclusive market infrastructure for the safekeeping, settlement, and registration of securities. Founded in 1998 and headquartered in San Salvador, the company serves brokerage houses (casas de corredores de bolsa), pension fund administrators, investment fund managers, banks, credit unions, and government entities including the Ministry of Finance and the Central Bank. As of October 2025, CEDEVAL held total custody assets of $14.17 billion USD, comprising $9.81 billion in local securities custody, $1.07 billion in international custody, and $3.29 billion in document custody.

CEDEVAL's core service offering is built around six integrated products: Custodia de Valores (electronic securities custody), Compensación y Liquidación (trade settlement with delivery-versus-payment guarantee), Registro Electrónico de Emisiones (electronic issuance registry), Procesos de Compra y Venta de Títulos Internacionales (international securities trading processing), Tipo de Cuentas (account structure and identification), and Otros Servicios (additional services including dematerialization). The underlying technology is an electronic securities annotation system that maintains comprehensive records of all issuances and ownership. CEDEVAL is the ANNA-designated ISIN numbering agency for El Salvador, operates under BIS/IOSCO financial market infrastructure principles, and is a member of ACSDA. Supporting infrastructure includes a Consulta en Línea self-service portal, custody statistical bulletins, and the CDN (Certificados de Depósito Negociables) tradable deposit product.

The business model is transaction-based, with fees generated from custody administration, settlement processing, issuance registration, and international operations support, all under a publicly disclosed commission schedule. Distribution occurs exclusively through institutional channels: directly to regulated Salvadoran financial institutions, through the Bolsa de Valores de El Salvador (BVES) for exchange operations, and via a global custodian network for international securities, with Citi serving as sole global custodian since July 2021. The company is privately held as a Salvadoran sociedad anónima de capital variable with no disclosed parent company or external institutional shareholders.

CEDEVAL firmographics

Firmographics

Name: CEDEVAL
Legal name: Central de Depósito de Valores, S.A. de C.V.
Website: https://cedeval.com
Company type: Private
Founded year: 1998
Operating status: Operating
Headcount range: 11–50 employees
Short description: CEDEVAL is the sole Central Securities Depository of El Salvador, providing electronic securities custody, settlement, and issuance registration services to brokerage houses, pension funds, banks, and government entities, holding over $14 billion in custody assets as of October 2025.
Ownership category
akta.pro rank

CEDEVAL industry classification

Industry

Product category: Central Securities Depository Services
NAICS: Securities and Commodity Contracts Intermediation and Brokerage (5231), Securities and Commodity Exchanges (5232)
SIC: Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Functions Related To Depository Banking, Nec (6099)
akta.pro primary industry: Securities Clearing & Custody Services (DVP/RVP, Safekeeping) (FSABAJAD)

Keywords

Central securities depository
Securities custody services
Trade settlement services
Issuance registration
ISIN numbering agency

Where CEDEVAL is headquartered

Location

Headquarters

HQ city: Escalón
HQ country: El Salvador
HQ region: Latin America

Offices1 record

Markets served

CEDEVAL business model

Business model

GTM type: B2B
Offering type: Services
Cost components: Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

Securities Custody Fees: Fees for custody and administration of securities held in electronic accounts for investors.
Compensation and Settlement Services: Charges for processing securities trading operations and guaranteeing delivery versus payment settlement.
Issuance Registration Fees: Fees for registering and maintaining securities issuances and related corporate actions.
International Operations Support: Services related to international securities transactions through global custodians and depositories.

Pricing tiers

Model	Billing	Price
Transaction based/ take rate	Pay-as-you-go	Commission rates published for custody, settlement, and registration services

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

CEDEVAL product offering

Product offering

Core offering

CEDEVAL operates as the Central Securities Depository of El Salvador, providing electronic custody of securities, trade compensation and settlement with delivery versus payment (DVP) guarantees, electronic registration of securities issuances and corporate acts, and processing of international securities purchases and sales through global custodians. It also serves as the ANNA-authorized numbering agency assigning ISIN codes to Salvadoran securities, supporting the Salvadoran stock market infrastructure end-to-end.

Product overview

CEDEVAL (Central de Depósito de Valores de El Salvador) is a Central Securities Depository (CSD) providing a unified platform for securities custody, administration, compensation, and settlement. The core product suite consists of six integrated services: Custodia de Valores (securities custody), Compensación y Liquidación (trade settlement with DVP guarantee), Registro Electrónico de Emisiones (electronic issuance registry), Procesos de Compra y Venta de Títulos Internacionales (international securities trading), Tipo de Cuentas (account management), and Otros Servicios (additional services including dematerialization). Supporting these are the Consulta en Línea self-service portal, statistical reporting services (Saldos and Boletines Estadísticos), and the CDN (Certificados de Depósito Negociables) financial product. The company serves as El Salvador's authorized ISIN numbering agency and maintains custody exceeding $14 billion USD.

Differentiator

Problem solved

Functional benefit

Products and services

Custodia de Valores (Securities Custody) Electronic securities custody service that safeguards and guarantees the safety of securities held in electronic accounts for institutional investors through reliable and secure systems and processes.
Compensación y Liquidación (Compensation and Settlement) Compensation and settlement service for traded securities operations that guarantees delivery versus payment (DVP) for trades executed on the Salvadoran stock exchange, eliminating principal risk between counterparties.
Registro Electrónico de Emisiones (Electronic Issuance Registration) Electronic registration service maintaining updated information on all registered securities issuances and the corporate acts affecting them, providing the official issuance registry for the Salvadoran securities market.
Procesos de Compra y Venta de Títulos Internacionales (International Securities Trading Process) International securities trading process that captures and tracks cross-border securities purchase and sale operations through global custodians and depositories until settlement, enabling remote access to the Salvadoran market.
Otros Servicios (Other Services) Additional services including dematerialization and custody of shares, plus support for novel market products introduced in the Salvadoran securities market.
Certificados de Depósito Negociables en Bolsa (CDN) Tradable stock exchange deposit certificates providing an alternative for bank deposit clients to access the securities market with negotiable interest rates.

Quantifiable outcome

$14.17 billion in total custody assets as of October 2025
+1 more outcomes

Companies that use CEDEVAL

Customer profile

Named customers10 records

Segments6 records

Ideal customer profiles6 records

CEDEVAL technology and API

Technology

Technology focussed Yes

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Feature5 records

CEDEVAL partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered core and minor.

CiticoreTechnology or Integration · 6 July 2021Citi was named as the sole global custodian provider for CEDEVAL, handling over $10 billion in total assets. This partnership consolidated Citi's role in providing securities custody services across Latin America, marking its presence in Central America. The selection replaced multiple depositories that CEDEVAL previously worked with for securities traded in different markets.
International Depositories and Global CustodianscoreTechnology or IntegrationCEDEVAL maintains conventions with international depositories and global custodians that enable support for compensation and settlement of international securities trading operations. These partnerships facilitate remote operations with securities held abroad.
ACSDA (Asociación de Depósitos Centrales de Valores de América)coreStrategic or Co-development PartnerCEDEVAL is a member of ACSDA, the Association of Central Securities Depositories of the Americas. ACSDA has worked for two decades as a catalyst for knowledge exchange and experience sharing among members on industry perspectives, trends, best practices, and collaborative initiatives.
ANNA (Association of National Numbering Agencies)coreTechnology or IntegrationCEDEVAL has been recognized by ANNA as the authorized numbering agency in El Salvador for assigning ISIN (International Securities Identification Number) codes to securities issued by Salvadoran entities, facilitating their identification in international markets.
BID Invest / UN Global CompactminorStrategic or Co-development PartnerCEDEVAL participates in initiatives related to accelerating the issuance of blue bonds in Latin America and the Caribbean, as part of sustainable finance development.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

CEDEVAL competitors and assessment

Company assessment

Market position

Competitive moat5 records

Key highlights6 records

Customer concentration

CEDEVAL financial estimates

Financial estimate

Revenue estimate

Valuation estimate

CEDEVAL leadership team

Management profile

Number of profiles

Profiles3 records

CEDEVAL funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

CEDEVAL M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about CEDEVAL

What does CEDEVAL do?

Is CEDEVAL a public or private company?

CEDEVAL is a private company. It is classified as unknown and is currently operating.

When was CEDEVAL founded?

CEDEVAL was founded in 1998. It employs 11 to 50 people.

Where is CEDEVAL based?

CEDEVAL is headquartered in Escalón, El Salvador, in the Latin America region.

How does CEDEVAL make money?

Four revenue lines are on record. Securities Custody Fees are the primary driver. The others are compensation and Settlement Services, issuance Registration Fees and international Operations Support.

Does CEDEVAL have an API?

No public API is recorded for CEDEVAL.

What industry is CEDEVAL in?

CEDEVAL's product category is Central Securities Depository Services. Its primary akta.pro industry code is FSABAJAD, Securities Clearing & Custody Services (DVP/RVP, Safekeeping). Its NAICS code is 5231 and its SIC code is 6200.