Agent Banks in Emerging Markets

Results for emerging market securities services have held steady in this year’s survey following last year’s fall from frankly inflationary heights.

Agent Banks in Frontier Markets

Global Custodian is celebrating its 35th anniversary this year, and with this we decided to make some changes to the frontier markets report this year with each country grouped within a region, each region getting a short introduction summarising the findings and these regions broken down into Africa, Asia, Europe and the Middle East. In addition, it was an excellent year for the ABFM survey, with a record number of results coming in from multiple regions.

Agent Banks in Major Markets

In the 2023 Agent Banks in Major Markets Survey, virtually all markets have seen their ratings rise, suggesting that client perception of the service received is improving across the board.

Central and Eastern Europe Domestic Custody

While Central and Eastern Europe is regarded for the sake of convenience as a single region, securities services providers experience different client priorities and requirements in the individual markets.

China Domestic Survey

Exchange Traded Fund Administration Survey

Last year the ETF administration industry celebrated 30 years, and GC Research discussed how the ETF landscape had changed over that time. This year, rather than looking back, the focus is very much on the future.

Greece Domestic Survey

In recent years, Greek custodian banks have been prisoners of the country’s sovereign debt ratings. Until these improve, domestic institutions will be an increasingly important client segment.

Hedge Fund Administration Survey

Increased digitalisation and the introduction of more complex fund structures is ushering in a new era for the hedge fund industry, with more pressure than ever on providers to stick with the times.

India Domestic Survey

Domestic Indian institutions rate their securities services providers highly, but not necessarily in the same way as their cross-border counterparts.

Malaysia Domestic Survey

Operational reforms will help local providers meet the service needs of a growing investor base.

Mutual Fund Administration Survey

The fruits of consolidation among mutual fund administrators appear to be a group of service providers able to operate at scale to the growing satisfaction of their diverse client bases.

Outsourced Trading Survey

Service providers are very highly thought of by their outsourced trading clients as it seems the pandemic ushered in a new era of appreciation and uptake of the external function. This inaugural survey reveals the motivations behind outsourcing, customer sentiment and where improvements can be made, if any, to increase satisfaction.

Prime Brokerage Survey

A three-year review of Prime Brokerage Survey results points to a consistent pattern of relative highs and lows at a category level.

Private Equity Administration

Data and technology challenges are encouraging managers to shift more responsibilities to service providers.

Singapore Domestic Survey

South Africa Domestic Survey

While domestic institutional clients of South African custodians have a similar overall perception of their service providers to the banks’ foreign clients, there are some intriguing differences at a service category level.

Tri-Party Securities Financing

This year’s survey has been substantially revised to take account of regulatory developments and the engagement of the buy-side.