The fund services community was honoured at the 2021 Global Custodian Industry Leaders Awards at Chelsea Piers in New York last night.
Apex, BBH, BNY Mellon, Citco, Morgan Stanley, SS&C and – quadruple award winner – Ultimus Fund Solutions were among the big winners with multiple recognitions throughout the evening.
After a year-long hiatus due to the pandemic, the night marked the first in-person Global Custodian event in two years and saw fund services providers gathered for the celebrations.
Outstanding individuals were honoured with Joan Kehoe – formerly of JP Morgan and perhaps known best as the founder of Quintillion – handed the prestigious Lifetime Achievement award and David Nable of Arcesium crowned Industry Person of the Year in a live vote on the night which saw him beat out competition from Northern Trust, SS&C and PEF Services, a CSC company.
Two new legends were inducted into Global Custodian’s Hall of Fame, Jon Yalmokas of Cantor Fitzgerald, and Citco’s Jay Peller.
Morgan Stanley picked up Prime Broker of the Year for the second time in three years, while the Hedge Fund Administrator of the Year went to Citco for an impressive third year running. The Private Equity and Mutual Fund Administration equivalents were both handed to Ultimus Fund Solutions. Brown Brothers Harriman won ETF Administrator of the year as part of a double victory in the segment.
In the Editors’ Choice segment, Apex picked up an award for Best New Fund Services Project for its ESG Ratings and Advisory unit, State Street and Lukka won Fund Services Partnership of the Year and the Fund Services: One to Watch award went to rising outfit Ocorian.
Innovation awards were handed to Arcesium for its work in fund accounting, and Investics Data Services was recognised for its work in investor analytics.
There were also wins on the night for BTIG, Cowen, Opus Fund Services, Intertrust Group, JP Morgan, Maples Fund Services, RBC Investor & Treasury Services, PEF Services – a CSC company, TD Securities, and Trident Trust.
Global Custodian’s next awards evening will be on the 17th March at The Savoy in London, where the custody industry will be celebrated.
The full list of winners from the Industry Leaders awards can be found below:
|Prime Brokerage||Prime Brokerage of the Year||Morgan Stanley|
|Client Service||BNY Mellon’s Pershing|
|Best Provider – Small Cap Clients||TD Securities|
|Category Excellence||Cantor Fitzgerald (Trading & Execution)|
|Hedge Fund Administration||Hedge Fund Administrator of the Year||Citco|
|Client Service||Opus Fund Services|
|Category Excellence||Maples Group (Onboarding)|
|Mutual Fund Administration||Mutual Fund Administrator of the Year||Ultimus Fund Solutions|
|Client Service||Ultimus Fund Solutions|
|KYC AML and Sanctions Screening||Apex Group|
|Private Equity Fund Administration||Private Equity Fund Administrator of the Year||Ultimus Fund Solutions|
|Client Service||PEF Services, a CSC company|
|Technology||Ultimus Fund Solutions|
|Depositary Services||Trident Trust|
|Exchange Traded Fund Administration||Exchange Traded Fund Administrator of the Year||Brown Brothers Harriman|
|Client Service||Brown Brothers Harriman|
|Reporting||RBC Investor & Treasury Services|
|Overall Excellence||BNY Mellon / CIBC Mellon|
|Category Excellence||J.P. Morgan (ETF Basket Services)|
|Editors’ Choice||Best New Fund Services Project||Apex Group – ESG Ratings and Advisory|
|Fund Services Partnership of the Year||State Street – Lukka|
|Fund Services One to Watch||Ocorian|
|Individual Awards||Lifetime Achievement||Joan Kehoe|
|Industry Legend||Jon Yalmokas|
|Industry Legend||Jay Peller|
|Industry Person of the Year||David Nable|
|Innovation awards||Innovation in Fund Accounting||Arcesium|
|Innovation in Investor Analytics||Investics Data Services|