Global Custodian has released the shortlist for the annual Leaders in Custody awards to be held at the prestigious Savoy Hotel in London on 26 March.
The celebrations honour top performers from Global Custodian’s Agent Banks in Emerging and Major Markets surveys, along with Editors’ Choice awards recognising areas of innovation and achievements the research does not traditionally cover.
Leading the way in number of nominations are BNP Paribas, SIX Securities Services and Standard Chartered, all in the running for six awards.
Citi, Deutsche Bank and SEB are shortlisted in four categories each, while DBS, Edelweiss, HSBC and Santander are up for three accolades apiece.
As always, the Leaders in Custody awards recognise outperformers from our Agent Banks surveys, with categories including Client Service & Relationship Management, Asset Servicing and Top Performers.
This year, Global Custodian will also honour Multi-Market providers in Europe and Asia-Pacific as well as introducing a coveted Best in Survey award for Emerging Markets, Major Markets and Leading Clients. The latter recognises those who were highest rated by the top, and most-active clients in Global Custodian’s renowned industry surveys.
In the Editors’ Choice categories, awards will be handed out for Asset Servicing Deal of the Year, Best New Asset Servicing Project and Innovation in Market Infrastructure, in fiercely contested shortlists.
Recognising the swathe of industry partnerships during 2019, as securities services firms embrace collaboration with each other and FinTech firms, Global Custodian has also introduced a Best New Asset Servicing Partnership award. The nominees for this include BNP Paribas’ global custody deal with US Bank, BNY Mellon and its front-office data partnerships throughout the year, JP Morgan’s adoption of post-trade technology from AccessFintech, and State Street’s initial foray into cryptocurrency servicing with Gemini.
Global Custodian will also recognise technology innovation from established vendors again in 2020, which will be battled out by Broadridge, Calastone, SmartStream and Torstone.
GC will also introduce two new awards for 2020 with the Network Manager of the Year, FinTech One to Watch, and will release the shortlist for the awards shortly.
Industry Person of the Year and other individual awards will be announced at a later date.
The full list of the awards can be found here, and Global Custodian would like to congratulate everyone who has made the shortlist for their work and achievements over the past 12 months.