For financial institutions seeking to expand globally, sub-custodians serve as the investment gateway to their respective jurisdictions, being a critical component of the capital markets infrastructure. Partnering with the right sub-custodian is essential to mitigate inherent risks through timely and accurate trade execution and settlement and the safekeeping of client assets, particularly during market volatility and geopolitical unrest.
This is the 21st year Global Finance has recognized the World’s Best Sub-custodian Banks, now covering seven regions and 83 countries, territories and districts, for their commitment in managing the increased diversity and complexity of financial instruments to provide world-class custody services. With comprehensive servicing platforms supported by extensive IT systems, these banks continue to invest in their infrastructure, improving process automation and operational efficiencies to attract and retain clients with customizable sub-custody solutions.
Read More : World’s Best Sub-Custodian Banks for 2023 Announced