Keeping up with custody

Custodians are diversifying product offerings and seeking new target market segments in a bid to keep ahead of the game, says Ajit Khare, group product manager, securities services at Standard Chartered Bank.

Custodians, the traditional back office for institutional investors, have over the past years undergone dramatic changes in the way they conduct business.

In the days of physical securities, a custodian had huge vaults and used massive manpower for safekeeping and settlement of transactions in physical securities. For both local and international institutional investors doing large numbers of transactions, appointing a custodian made economic sense as compared to the costs of doing the same in-house. For international investors, the custodian provided...

To continue reading, please login or register for free

Click for more on: sibos | custody | standard chartered

Print Edition

FinanceAsia Print Edition


  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...