Global Custodian announces winners of Leaders in Custody awards 2023

BNY Mellon, BNP Paribas, Deutsche Bank, SIX, Standard Chartered and Raiffeisen Bank were among the recipients of multiple awards at the gala dinner at The Savoy, London last night.

By Editors

Global Custodian is delighted to announce the winners of its prestigious annual Leaders in Custody awards, which took place at The Savoy, London last night. 

The biggest winners from the evening were Deutsche Bank and SIX with three and four honours apiece, respectively, while BNY Mellon earned a major double victory for Global Custodian of the Year and Asset Servicing Deal of the Year, the latter for its landmark mandate with Aviva last year.

Standard Chartered, Raiffeisen Bank International and BNP Paribas also received two awards each throughout the Agent Banks Survey-related accolades.

The awards celebrate the very best that the securities services industry has to offer across four primary categories: stand-out performers from our Agent Banks in Major and Emerging Markets surveys, Editors’ Choice Awards and Innovation Awards

In our Editors’ Choice section, HSBC and Clearstream picked up Asset Servicing Partnership of the Year in a closely contested category, while SWIFT received Best New Asset Servicing Project for Securities View.

Digital Asset Initiative of the Year went to Digital Asset for its DAML Finance, and JP Morgan won the newly introduced category of Best Collateral Initiative of the Year – Tokenized Collateral Network – which had earned two nominations on the night.

Saphyre won the fiercely contested FinTech of the Year, rising above stellar contenders FundGuard, HQLAx and Proxymity, all of which have had impressive years by any measure.

CLS Group won Market Infrastructure Project of the Year following 12 months of significant developments from CLSNet, meanwhile Innovation awards were handed out to Broadridge, METACO, Proxymity, S&P Global, and Deutsche Bank.

Turning to the individual honours of the evening, former BNY Mellon CEO and industry veteran Todd Gibbons picked up the Lifetime Achievement gong, while Hannah Elson, global head of custody, JP Morgan, took home the Industry Person of the Year trophy, as voted by her peers on the night. The other nominees for the honour were Gabino Roche of Saphyre, Sam Riley of Clearstream and Sachin Mohindra of Goldman Sachs.

The other winners across our survey awards on the night were Intesa Sanpaolo, Piraeus Bank, DBS, Mizuho Bank, Erste Group Bank, National Bank of Egypt, Eurobank and UBS.

Global Custodian also inducted no fewer than five new Legends to our Hall of Fame this year, acknowledging the fantastic work that the recipients consistently do in our industry. The group joining our Hall of Fame are Bettina Janoschek, Anand Rengarajan, Sharon Hunt, John Lehner, and the late Jo Van de Velde, who was awarded the posthumous honour during the ceremony.

Congratulations to all of our winners, and thank you for helping to make it a truly memorable evening.  

A full list of winners can be found below:

Best in Class: GlobalAsset Safety & Risk ManagementDeutsche Bank, Turkey
Best in Class: GlobalAccount ManagementIntesa Sanpaolo, Italy
Best in Class: GlobalService InnovationSIX, Switzerland
Best in Class: GlobalClient Service & Relationship ManagementPiraeus Bank, Greece
Best in Class: GlobalTechnologySIX, ICSD
Multimarket OverallStandard Chartered Bank
Multimarket Account ManagementStandard Chartered Bank
Multimarket Asset Safety & Risk ManagementBNP Paribas
Multimarket Relationship ManagementDBS
Multimarket TechnologyRaiffeisen Bank International
Agent of the YearMajor MarketsMizuho Bank, Japan
Agent of the YearEmerging MarketsDeutsche Bank, Turkey
Western Europe AwardOverallUBS, Switzerland
Western Europe AwardRelationship ManagementSIX, Switzerland
Network Managers’ ChoiceMajor MarketsErste Group Bank, Austria
Network Managers’ ChoiceEmerging & Frontier MarketsRaiffeisen Bank International, Croatia
Network Managers’ ChoiceRelationship Management & Client Service, Major MarketsBNP Paribas, Italy
Network Managers’ ChoiceRelationship Management & Client Service, Emerging MarketsNational Bank of Egypt, Egypt
Broker Dealers’ ChoiceMajor Markets SIX, ICSD
Broker Dealers’ ChoiceEmerging MarketsEurobank, Greece
Broker Dealers’ ChoiceAccount Management, Major MarketsEuroclear, ICSD
Editors’ ChoiceAsset Servicing Deal of the YearBNY Mellon – Aviva
Editors’ ChoiceBest New Asset Servicing ProjectSWIFT – Securities View
Editors’ ChoiceAsset Servicing Partnership of the YearHSBC – Clearstream
Editors’ ChoiceDigital Asset Initiative of the YearDigital Asset – DAML Finance
Editors’ ChoiceFinTech of the YearSaphyre
Editors’ ChoiceBest Collateral Initiative of the YearJP Morgan – Tokenized Collateral Network
Editors’ ChoiceMarket Infrastructure Project of the YearCLS Group – CLSNet
Editors’ ChoiceGlobal Custodian of the YearBNY Mellon
Innovation AwardInnovation in Governance and Proxy VotingBroadridge
Innovation AwardInnovation in Fund Investment ServicingDeutsche Bank
Innovation AwardInnovation in Digital Asset CustodyMETACO
Innovation AwardInnovation in Shareholder Disclosure Proxymity
Innovation AwardInnovation in Corporate ActionsS&P Global
Individual HonoursLifetime Achievement AwardTodd Gibbons
Individual HonoursIndustry Person of the YearHannah Elson, JP Morgan
Individual HonoursIndustry LegendJo Van de Velde
Individual HonoursIndustry LegendSharon Hunt
Individual HonoursIndustry LegendBettina Janoschek
Individual HonoursIndustry LegendJohn Lehner
Individual HonoursIndustry LegendAnand Rengarajan

Global Custodian also handed out awards for Consistent Excellence within its Agent Banks Surveys. These awards recognise those service providers whose clients have rated them above 6.00 out of 7.00 overall in a particular market and above 6.00 in at least two-thirds of rated service categories.

Award for Consistent ExcellenceBNP ParibasChina
Award for Consistent ExcellenceStandard Chartered BankChina
Award for Consistent ExcellencePiraeus BankGreece
Award for Consistent ExcellenceBNP ParibasIndia
Award for Consistent ExcellenceDeutsche BankIndia
Award for Consistent ExcellenceICICI BankIndia
Award for Consistent ExcellenceSBI-SG Global Securities ServicesIndia
Award for Consistent ExcellenceMizuho BankJapan
Award for Consistent ExcellenceSIXSwitzerland
Award for Consistent ExcellenceDeutsche BankTurkey
Award for Consistent ExcellenceStandard Chartered BankVietnam