Global Custodian 2009 Tri-Party Securities Financing Survey Results Published

The survey comes at a vital time for the industry. Never before has it been under more scrutiny, both from the national press and those within the industry
By None

The results of the ninth annual survey of Global Custodians Tri-Party Securities Finance Survey have been published today.

The survey comes at a vital time for the industry. Never before has it been under more scrutiny, both from the national press and those within the industry. Fed Chairman Ben Bernanke has stepped in urging the creation of a central clearing system for tri-party repo, and even the Wall Street Journal has found time to cover the market, headlining that: “Tri-Party Repo Market Reforms Back In The Spotlight”

Although reform is in the air for the industry, there has nonetheless been a great response to our survey.

Providers were eligible for Top Rated or Commended ratings – in any or all regional categories of Europe, North America and Global.

-The Bank of New York Mellon was Top Rated in all three regional categories: Europe, North America, and Global. Last year the bank was Top Rated in all regional categories except for Europe.-JPMorgan was rated Commended in all three regional categories.-Clearstream Banking and Euroclear Bank were Top Rated in Europe while SIX SIS was Commended in this region.

The full results of the survey can be accessed by subscribers here.

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