Added value is key to survival: survival in global custody depends on the ability of providers to meet client demands for more esoteric products and services

Article Abstract:

Success in the global custody market will require major commitment to sustain the technological infrastructure, people and products required to meet the increasingly diverse range of client needs. Fund managers are also under pressure to review their fee structures now that there is continued consolidation of custody providers. Custody providers will need to make a positive response to the outsourcing needs of some fund managers.

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Meeting the demand for faster settlement: the trend towards ever shorter timescales in global settlement has serious technology implications for custodians

Article Abstract:

Settling securities transactions is complex and time consuming for custodian banks and their institutional clients, and changes to the settlement environment will have an effect on post trade processing. Risk reduction can be ensured by shortening settlement timescales and it is expected that settlement cycles will be standardised worldwide in the future, with all parties to a trade working within the same timeframe.

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Finding a way through the emerging minefield: where the customer goes, the custodian must follow. Fund managers are as eager as ever to buy into exotic markets and so custodians must find solutions to the problems this path throws up

Article Abstract:

Fund managers are eager to buy into emerging markets which are seen as attractive long-term investments. This has helped the custody business and Citibank is planning to expand its custody network, and their emerging markets specialist forecasts that Eastern Europe and Russia will be the fastest growing markets. The main problems for custodians is identifying and managing risk in emerging markets.

Product discontinuation

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