CDC onboards JS Global Capital Limited to RAAST Aggregator

September 08, 2025 (MLN): The Central Depository Company of Pakistan (CDC) has successfully integrated JS Global Capital Limited into its RAAST Aggregator Platform, marking another milestone in enabling secure and instant investor fund transfers.

This strategic initiative further advances CDC’s mission of fostering digitalization, transparency, and operational efficiency in Pakistan’s capital market.

The formal signing ceremony was held at CDC House on September 04, where Mr. Badiuddin Akber, Chief Executive Officer of CDC, and Mr. Muhammad Khalilullah Usmani, Chief Executive Officer of JS Global Capital Limited, signed the agreement to formally launch this collaboration.

Under the RAAST framework, CDC assigns each investor sub-account a unique RAAST Investment ID in IBAN format. Once registered as a beneficiary in the investor’s bank, funds are transferred directly into the broker’s client account.

The process is completed within minutes, ensuring investors have immediate access to their trading capital.

Commenting on the development, Mr. Badiuddin Akber said, “This partnership with JS Global Capital Limited reflects CDC’s ongoing commitment to digital transformation in the capital market.

By making fund transfers instant, secure, and more convenient, we are helping investors trade with greater confidence and efficiency. We believe such integrations are not just about technology, they are about building investor trust and laying the foundation for a stronger, more transparent capital market ecosystem.”

Sharing his views, Mr. Muhammad Khalilullah Usmani stated, “Joining CDC’s RAAST Aggregator is a step forward in our strategy to provide best-in-class services to investors. This integration not only simplifies the fund transfer process but also strengthens investor trust by ensuring speed and reliability.

At JS Global, we are committed to embracing innovation and working with partners like CDC to deliver solutions that enhance the investor experience and support the long-term growth of Pakistan’s capital market.”

During the ceremony, the JS Global team was also briefed on CDC’s Asaan Connect digital onboarding solution, designed to simplify onboarding processes for capital market investors.

The initiative was well received, with both organizations affirming their intent to collaborate further on initiatives that enhance investor facilitation and broaden market accessibility.

 The onboarding of JS Global Capital Limited adds to CDC’s expanding series of broker integrations aimed at boosting investor convenience, driving digital empowerment, and reinforcing trust in Pakistan’s capital market ecosystem.

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