Unrivalled in Scale, Precision and Quality
Clients rely on us to be a trusted partner to safeguard and service assets around the world.
We provide quality, timely and easy-to-access information to help clients meet complex custody needs while maximizing efficiency and measuring and managing risk. Our global footprint and local expertise helps to deliver insight and solutions across every stage of the investment lifecycle. Our worldwide network of markets with 24-hour global coverage and monitoring of sub-custodial performance is the bedrock of our services.
Our integrated technology is designed to simplify your workflow. We offer digital solutions and tools for better insights into your daily cash activity, transactions and holdings with the ability to seamlessly integrate data from our system directly into your applications.
Capabilities
Safekeeping
Our safekeeping services include automated trade capture, comprehensive real-time reporting including fail monitoring and reconciliation. Backed by a dedicated team, we have the flexibility to support customized processes.
Key features:
- Pre-matching/matching of trades
- Proactive resolution of settlement problems
- Reporting of reason code on failed transactions
- Special services (cross-border trades, late instructions, etc.)
- Intra-day controls and trade management
- End-of-day confirmation and control
- Active monitoring of all pending trades
Cash Processing
Cash processing capabilities include support of third-party foreign exchange, auto cash sweeps into money market funds with real-time cash availability, forecasting and projections. We can tailor a cash sweep solution to match your objectives and our focus on straight-through-processing maximizes processing efficiency.
Key features:
- Highly automated and controlled processing environment
- Proactive intra-day overdraft management
- Support of standing instructions
- Interest bearing accounts available
- Access to CORPUS Capital Markets and Treasury Markets and Treasury Desk
- Auto cash sweeps into money market funds
- Time deposits
- Daily reconciliation of cash and securities
- Segregation of duties and dual control
Income Processing
Income processing support provides contractual income in more than 40 markets and includes standing instructions and submission of claims for payments. We have specialists by market who monitor sub-custodian performance and track outstanding reclaims.
Key features:
- Responsible for documentation, researching tax rates, preparing, monitoring and collecting foreign tax reclaims
- Generates the necessary tax reclaims with the income events
- Standing Instruction capability
- Comprehensive reporting of income notification, projection and posting via SWIFT and NEXEN
- Multiple information sources
Corporate Events
Corporate events include a variety of services including proactive client response management, investigation into unsolicited instructions, mandatory and voluntary support, courtesy reminders and follow-up through our online system or SWIFT. Our service supports timely posting of all transactions and proactive client response management.
Key features:
- Multiple sources of data feeds
- Voluntary, mandatory, Class actions and FYIs
- Drill-down capabilities: announcement detail, traded position, settled position, transaction detail, release of official announcement
- Reconciliation entitlement date
