Coronation Registrars Limited (CRL) has solidified its leading position in the corporate registry services sector by achieving recertification in two globally recognized standards: ISO 22301:2019 for Business Continuity Management and ISO/IEC 27001:2022 for Information Security Management. This accomplishment underscores CRL’s unwavering commitment to maintaining robust risk management practices, ensuring operational resilience, and upholding the highest standards of information security. These elements are particularly crucial in the current environment, where regulatory expectations are increasing and data-driven operations are becoming the norm. The recertification serves as a testament to CRL’s proactive approach in adapting to the evolving landscape of the corporate registry industry.
The ISO 22301:2019 certification validates CRL’s ability to effectively manage and mitigate disruptions to its business operations. This standard focuses on establishing, implementing, maintaining, and continually improving a robust business continuity management system (BCMS). A BCMS enables organizations to identify potential threats, assess their impact on critical business functions, and develop strategies to minimize disruptions and ensure continuity of essential services. In a world increasingly prone to unforeseen events, ranging from natural disasters to cyberattacks, maintaining a robust BCMS is vital for ensuring the stability and reliability of an organization’s operations. CRL’s adherence to this standard provides its clients with the assurance that their crucial registry services will remain accessible and operational even during unforeseen circumstances.
The ISO/IEC 27001:2022 certification, on the other hand, focuses on information security management. This internationally recognized standard provides a framework for establishing, implementing, maintaining, and continually improving an information security management system (ISMS). An ISMS encompasses a comprehensive set of policies, procedures, and technical controls designed to protect the confidentiality, integrity, and availability of sensitive information. In today’s digital landscape, where data breaches and cyber threats are pervasive, the implementation of a robust ISMS is paramount to safeguarding valuable information assets. CRL’s compliance with this standard demonstrates its commitment to protecting its clients’ sensitive data and maintaining the integrity of its registry services.
CRL’s Chief Technology Officer, Mobolaji Odumosu, emphasized the significance of the recertification, stating that it goes beyond a mere stamp of approval. He highlighted that it represents a long-term commitment to high governance standards and operational discipline, offering assurance to clients, shareholders, and regulators that CRL’s systems are designed to protect their interests, even in the face of unpredictable challenges. This statement reflects the proactive approach taken by CRL to instill confidence in its stakeholders by prioritizing robust risk management and operational resilience.
Further reinforcing its commitment to innovation and client service, CRL has developed and implemented cutting-edge platforms such as Shareholderlive by Coronation and Coronation Virtual. These innovative solutions enhance the registry experience by seamlessly integrating advanced technology with strong compliance frameworks. Shareholderlive, for example, provides a secure and efficient platform for shareholders to access and manage their accounts, while Coronation Virtual offers a comprehensive suite of virtual registry services. These initiatives exemplify CRL’s dedication to leveraging technology to streamline processes, improve efficiency, and enhance client engagement.
The recertification to these internationally recognized standards serves as a significant milestone in CRL’s ongoing mission to provide sustainable solutions that foster trust and efficiency within Africa’s capital markets. By adhering to these stringent standards, CRL not only reinforces its commitment to providing top-tier registry services but also contributes to the overall growth and stability of the African capital markets. This achievement further positions CRL as a trusted and reliable partner for businesses seeking to navigate the complex and evolving landscape of corporate registry services. The company’s proactive approach to risk management, operational resilience, and information security sets a benchmark for the industry, ensuring the protection of client interests and fostering confidence in the integrity of the capital markets.
