Global Custodian announces Industry Leaders Award Winners for 2021

Prime brokers, fund administrators, and technology innovators celebrated at awards dinner at Chelsea Piers in New York.

By Editors

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 BrokeragePrime Brokerage of the YearMorgan Stanley
Capital IntroductionBTIG
Client ServiceBNY Mellon’s Pershing
TechnologyMorgan Stanley
Best Provider – Small Cap ClientsTD Securities
Overall ExcellenceCowen
Category ExcellenceCantor Fitzgerald (Trading & Execution)
Hedge Fund AdministrationHedge Fund Administrator of the YearCitco
Client ServiceOpus Fund Services
ReportingIntertrust Group
Overall ExcellenceSS&C
Category ExcellenceMaples Group (Onboarding)
Mutual Fund AdministrationMutual Fund Administrator of the YearUltimus Fund Solutions
Client ServiceUltimus Fund Solutions
KYC AML and Sanctions ScreeningApex Group
Private Equity Fund AdministrationPrivate Equity Fund Administrator of the YearUltimus Fund Solutions
Client ServicePEF Services, a CSC company
TechnologyUltimus Fund Solutions
Depositary ServicesTrident Trust
Exchange Traded Fund AdministrationExchange Traded Fund Administrator of the YearBrown Brothers Harriman
Client ServiceBrown Brothers Harriman
ReportingRBC Investor & Treasury Services
Overall ExcellenceBNY Mellon / CIBC Mellon
Category ExcellenceJ.P. Morgan (ETF Basket Services)
Editors’ ChoiceBest New Fund Services ProjectApex Group – ESG Ratings and Advisory
Fund Services Partnership of the YearState Street – Lukka
Fund Services One to WatchOcorian
Individual AwardsLifetime AchievementJoan Kehoe
Industry LegendJon Yalmokas
Industry LegendJay Peller
Industry Person of the YearDavid Nable
Innovation awardsInnovation in Fund AccountingArcesium
Innovation in Investor AnalyticsInvestics Data Services