At Global Custodian’s Leaders in Custody Awards 2026, BNY’s exemplary service and innovation was recognised with a clutch of accolades, including Outstanding Custody Provider – Asset Managers and Securities Finance/Collateral Partnership of the Year. Under the Leaders in Custody Asia Awards, BNY was further recognised with Data & Analytics Deal of the Year for BNY-GPIF, Innovation in AI for Asset Servicing, and the coveted APAC Global Custodian of the Year.
“BNY’s success is driven by a combination of trusted core custody execution and visible innovation in areas our clients care about most,” said Emily Schlosser, head of BNY’s custody business. “Our global scale and market leadership continue to differentiate us, including our position as the world’s leading custodian and a provider of integrated asset servicing solutions. Ongoing investment in AI, automation, data capabilities, and digital assets has strengthened our ability to meet evolving client needs.”
“BNY’s success is driven by a combination of trusted core custody execution and visible innovation in areas our clients care about most,” said Emily Schlosser, head of BNY’s custody business. “Our global scale and market leadership continue to differentiate us, including our position as the world’s leading custodian and a provider of integrated asset servicing solutions. Ongoing investment in AI, automation, data capabilities, and digital assets has strengthened our ability to meet evolving client needs.”Contributing to BNY’s Outstanding Custody Provider win was strong execution, operational resiliency, close client partnerships, and steady investment in the bank’s custody business. Over the past year, BNY has supported clients through an increasingly complex market, regulatory and operating environment – navigating compressed settlement cycles as well as evolving tax and disclosure requirements. All the while the bank has maintained a clear focus on service quality, stability and continuity, and continued to strengthen its digital, data and service capabilities.
Progress was also recognised in Asia, where BNY received Global Custodian’s Innovation in AI for Asset Servicing award. The bank stood out thanks to several advancements: it introduced its proprietary enterprise AI platform, Eliza 2.0; integrated AI-powered digital employees – overseen by humans – into live workflows; and it has around 220 AI-enabled solutions in production, designed to strengthen its infrastructure and support clients in transforming their businesses.
Another notable win was the Securities Finance/Collateral Partnership of the Year award. The collaboration with The Depository Trust & Clearing Corporation (DTCC)’s Fixed Income Clearing Corporation (FICC) culminated in the launch of the Collateral-in-Lieu service – a solution that advances how centrally cleared US Treasury repo is accessed, funded, and scaled to meet regulatory requirements.
Delivered via BNY’s Global Collateral platform – connecting over 1,700 clients across a $7.8 trillion liquidity network – participants can centrally clear repo while preserving their existing triparty workflows. Clients benefit from access to deep liquidity and can seamlessly optimise collateral across both cleared and uncleared obligations on a single, integrated platform.
“The launch of FICC’s Collateral-in-Lieu service represents a major step on the journey to central clearing by offering a margin, and capital-efficient way to clear repo transactions through BNY’s Global Collateral platform, the largest liquidity pool for Treasury financing,” Nate Wuerffel, global head of market structure and product lead for global collateral, said. “This award reflects BNY’s support for a safe and liquid Treasury market and leadership in enhancing liquidity and improving collateral mobility, helping clients navigate evolving regulatory and market demands with greater efficiency.”
These awards come on the back of a strong 12 months for BNY, marked by an expansion of the bank’s custody data infrastructure, as well as an extension of our mutual fund order routing capabilities. One of the biggest milestones was the firm’s appointment by Japan’s Government Pension Investment Fund (GPIF), to provide alternative investment data in support of its strategic objectives. The mandate was recognised by the Data and Analytics Deal of the Year award in Asia.
Over the coming year BNY will capitalise on this success and continue to invest in service quality, resilience, connectivity, data and efficiency.
“BNY sees a clear opportunity for custody that’s integrated with analytics and AI-enabled capabilities. Clients benefit from better insight, greater resilience and a more seamless experience,” added Schlosser. “Custody has an increasingly strategic role to play, not only as a core service, but as a platform that helps clients adapt and grow as their portfolios and operating models become more data intensive and complex. These are challenges that BNY, with our scale, reach and breadth of solutions, is uniquely positioned to deliver.”
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