Global Custodian announces Industry Leaders awards winners 2020

Outstanding Prime Brokerage, Hedge Fund and Private Equity Administration providers honoured, along with innovators, ones to watch and individuals.

By Editors

Global Custodian is delighted to reveal the winners of its Industry Leaders awards 2020, as announced during the premiere of its Fund Services 2020 documentary.

The awards night traditionally held in New York transitioned to a virtual production, highlighting the story of funds and their service providers through the height of the pandemic-driven market crisis in March and April, along with long-terms trends and an overview of recent changes in models and relationships.

Among the big winners from the event were Apex Group, Citco, SS&C, Trident Trust and Ultimus Fund Solutions. There were also multiple accolades handed to BNP Paribas, JP Morgan and Maples Fund Services.

Those receiving their first Global Custodian’s awards included Sanne and StoneX – who beat out tough competition in the One to Watch categories – and TD Prime Services, while projects from BNY Mellon & EZOPS, and Societe Generale & Nuvo Prime were also recognised.

Elsewhere Arcesium picked up the Alternatives FinTech of the Year following a stellar 12 months, while there were honours for Cowen, Goldman Sachs, Morgan Stanley, Nomura, Northern Trust and Wells Fargo.

For the individual awards, Jonathan Cossey, global head of prime finance at JP Morgan was the latest inductee into Global Custodian’s Hall of Fame through the legend award. Meanwhile the coveted Lifetime Achievement award went to Ultimus co-founder Bob Dorsey. 

“In a year where funds leant on their service providers more than ever before, Global Custodian is pleased to honour the most outstanding performers from our surveys, along with other standout organisations in our Editors’ Choice awards,” said Jonathan Watkins, managing editor, Global Custodian.

“It was also a year of significant innovation and digital progress from both incumbents and new entrants, and we tried to channel that in the production of our latest documentary which stood in for the physical awards presentation on this occasion. We would like to congratulate all the winners of this year’s awards, and thank those who took part in our documentary which we hope everyone can take some time to watch.”

Private Equity Fund Administration

PEFA of the Year

Trident Trust

Technology

Maples Group

Onboarding

SS&C GlobeOp

Client Service

Apex Group

Mutual Fund Administration

MFA of the Year

Ultimus Fund Solutions

Client Service

Ultimus Fund Solutions

Reporting

Apex Group

Prime Brokerage

Prime Broker of the Year

Cowen Prime Services

Capital Introduction

TD Securities

Client Service

BNY Mellon’s Pershing

Operations

BNP Paribas

Financing

Cowen Prime Services

Trading and Execution

Wells Fargo

Stock Lending

Nomura

Large-Cap clients (>$25bn AUM): Overall

Morgan Stanley

Large-Cap clients: Capital Introduction and Consulting

Goldman Sachs

Large-Cap clients: Stock Lending

BNY Mellon’s Pershing

Best in Multi-Provider Model

J.P. Morgan

Hedge Fund Administration

HFA of the Year

Citco

Client Service

Trident Trust

Onboarding

SS&C GlobeOp

Reporting

Citco

Fund Accounting

Trident Trust

Middle Office

Maples Group

Operations

Northern Trust

Excellence Award: Overall

SS&C GlobeOp

Excellence Award: Client Service

Citco

Large-Cap clients (>$25bn AUM): Overall

Apex Group

Editors’ Choice

Alternatives Fund Services Project of the Year

BNY Mellon and EZOPS

One to Watch: Prime Brokerage

StoneX

One to Watch: Fund Administration

SANNE

Prime Brokerage Initiative of the Year

Société Générale & Nuvo Prime

Alternatives FinTech of the Year

Arcesium

Award for Innovation

Innovation in ESG Analytics

Apex Group

Industry Legend

Jonathan Cossey

Lifetime Achievement

Bob Dorsey

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