Global Custodian reveals full list of Leaders in Custody Award winners

BNP Paribas Securities Services, BNY Mellon and JP Morgan win big during week of celebrations recognising the outstanding achievements of the securities services industry over the past 12 months.

By Jon Watkins

Global Custodian is pleased to announce the full list of winners from its Leaders in Custody awards, which were presented through a week of digital features on a dedicated platform last week.

Awards were handed out for outstanding performance across our Agent Banks and ETF Administration Surveys, while accolades were also given through our Editors’ Choice categories, Innovation recognitions and Individual honours. 

Three global custody banks stood out as the biggest winners from the week, as BNP Paribas Securities Services dominated the sub-custody awards after scooping up nine awards, including a Lifetime Achievement award for its general manager Patrick Colle.

Meanwhile, BNY Mellon had a wider spread of awards, picking up five wins across ETF Administration, Editors’ Choice and Innovation, while its global head of custody, Caroline Butler won a tightly contested vote to bring home the Industry Person of the Year award. 

JP Morgan’s number of awards may have been less than BNY Mellon and BNP Paribas, but the bank picked up two major honours in ETF Administrator of the Year and Global Custodian of the Year. 

There were also double honours for Mizuho Bank, Piraeus, SIX and Citi, while DBS Bank picked up three awards. 

The winners were revealed over five days during Global Custodian’s Leaders in Custody Awards Week digital festival, which can still be viewed by clicking here. 

Below is a full list of our winners from the week: 

Asset Servicing – Best in Survey 

Europe – Major Markets 

BNP Paribas Securities Services, Italy  

Europe – Emerging Markets 

Piraeus Bank, Greece 

APAC – Major Markets 

Mizuho, Japan 

APAC – Emerging Markets 

DBS, China 

Middle East and Africa 




Risk Management – Best in Survey 

Europe – Major Markets 

BNP Paribas Securities Services, Portugal 

Europe – Emerging Markets 

Piraeus, Greece

APAC- Major Markets 

Mizuho, Japan 

APAC – Emerging Markets 

DBS, China 

Middle East and Africa 

Deutsche Bank, UAE 



Agent Banks Surveys – Outstanding Performance 


BNP Paribas Securities Services, India 

Edelweiss, India 


 BNP Paribas Securities Services, Brazil  

CIBC Mellon, Canada 

C&E Europe 

SGSS, Russia 

BNP Paribas Securities Services, Poland 

VTB, Russia 


QNB Alahli, Egypt 

Nedbank, South Africa 

Northern Europe 

 SEB, Sweden 

Southern Europe 

 Eurobank, Greece 

BNP Paribas Securities Services, Spain  

Western Europe 

SIX, Switzerland 

UBS, Switzerland 

BNP Paribas Securities Services, Italy 

ETF Administration 

ETF Administrator of the Year 

JP Morgan 

ETF Servicing Model 

BNY Mellon 





ETF Basket Services 


ETF Innovation of the Year 


Editors’ Choice

Global Custodian of the Year  

JP Morgan 

Asset Servicing Deal of the Year 

Citi – Mitsubishi UFJ Investor Services Luxembourg 

Best New Asset Servicing Project 

BNY Mellon – OMNI

Best New Asset Servicing Partnership of the Year  

BNY Mellon and Microsoft

Best Innovation in Market Infrastructure 

LCH and Clearstream

Front-to-Back Partnership of the Year 

State Street Alpha 


Innovation Awards 

Innovation in Client  Contracting 

BNY Mellon 

Innovation in Regulatory & Compliance Solutions 

Maples Group 

Innovation in Collateral Management 


Innovation in Post-Trade Digitalisation 

IHS Markit 

Innovation in ESG Data & Analytics 

BNP Paribas Securities Services – Manaos 

Innovation in Digital Asset Custody 

DBS Bank 

Innovation in Retail & Institutional Global Proxy Technology Deployment 


Innovation in DLT for Regulated Assets 

Polymath Network  

Innovation in Data and Analytics 

Ultimus Fund Solutions 


Lifetime  Achievement  Award Winner 

Patrick Colle, BNP Paribas Securities Services 


Industry Person of the Year 2021 

Caroline Butler, BNY Mellon