Global Custodian is delighted to announce the return of its Leaders in Custody Asia Awards, to be held at Raffles in Singapore on 9 May 2024. 
The ceremony will honour securities services providers across the Asia Pacific region which have excelled in Global Custodian’s agent banks surveys, along with a number of Editors’ Choice, Individual and Innovation awards segments.
Our Innovation awards recognise truly ground-breaking ideas from the securities services industry and you can nominate through this link here for any initiatives stemming from the Asia Pacific region.
The survey awards will recognise outstanding achievements across the region for multimarket providers, along with agent banks in individual markets. Our research team has also highlighted outstanding performers as rated by network managers – to mirror the accolades being handed out in London later in the month.
In the survey categories, there are multiple nominations for multimarket heavyweights such as BNP Paribas, Deutsche Bank, DBS Bank, HSBC, UBS and Standard Chartered across all categories.
Dominating the Best in Class nominations this year – which recognise survey areas such as Account Management, Asset Servicing and Client Services, among others – are Mizuho Bank, ICICI Bank and Nuvama Asset Services, joined in some categories by the aforementioned custodians.
The Editors’ Choice awards see the spotlight turn to the achievements of global custodians, market infrastructures and innovators.
Citi appear most often, with five nominations in the segment, while HSBC are nominated three times, and Hong Kong Exchanges and Clearing, State Street and BNY Mellon earn two each.
In the coming weeks Global Custodian will be considering the entries for Innovation awards which will close on Friday 5 April. You can nominate through this link.
Should you wish to attend the awards, please contact daljit.sokhi@globalcustodian.com. For survey related awards questions contact lottie.sweeney@globalcustodian.com and for Editors’ Choice, or any editorial-related queries, contact jon.watkins@globalcustodian.com.
This year we are pleased to announce there will be a pre-awards panel discussion in partnership with Deutsche Bank. More information on the panel will be announced in the coming weeks.
The full shortlist can be found below. Congratulations to all those nominated.
Agent Bank of the Year
Major Markets
HSBC
Mizuho Bank
UBS
Emerging Markets
BNP Paribas
Deutsche Bank
Standard Chartered
Frontier Markets
Citi
HSBC
Standard Chartered
Consistent Excellence
Deutsche Bank
ICICI Bank
Nuvama Asset Services
Best in Class – Single Market
Account Management
Mizuho Bank – Japan
Nuvama Asset Services – India
Standard Chartered Bank – China
Asset Safety and Risk Management
DBS Bank – Singapore
ICICI Bank – India
Nuvama Asset Services – India
Asset Servicing
ICICI Bank – India
Mizuho Bank – Japan
Standard Chartered Bank – Vietnam
Client Service and Relationship Management
Mizuho Bank – Japan
Standard Chartered Bank – Vietnam
SBISG Global Securities Services – India
Best in Class – Overall
Account Management
BNP Paribas
DBS Bank
Mizuho Bank
Asset Safety and Risk Management
DBS Bank
ICICI Bank
Mizuho Bank
Asset Servicing
BNP Paribas
Deutsche Bank
Mizuho Bank
Client Service and Relationship Management
BNP Paribas
Deutsche Bank
Mizuho Bank
Best Custodian in…
China
BNP Paribas
Deutsche Bank
Standard Chartered
Hong Kong
BNP Paribas
DBS Bank
UBS
India
BNP Paribas
ICICI Bank
Nuvama Asset Services
Japan
Mitsubishi UFJ Trust and Banking Corporation (MUFG)
Mizuho Bank
UBS
Singapore
DBS Bank
Standard Chartered
UBS
As Voted For By Network Managers
Major Markets
HSBC
Mitsubishi UFJ Trust and Banking Corporation (MUFG)
Mizuho Bank
Emerging Markets
Deutsche Bank
HSBC
Standard Chartered
Editors’ Choice awards
Asset Servicing Deal of the Year
Citi – NHI&S
HSBC – JP Morgan
Northern Trust – Chartered Asset Management
State Street – UOB Asset Management
Asset Servicing Deal of the Year Australia
BNP Paribas – Future Group
Citi - Ausbil Investment
Citi – Mason Stevens
HSBC – Milford Asset Management
Best New Asset Servicing Project/Initiative
BNY Mellon – Tax Service for Southbound Bond Connect Channel
Citi – Automated Settlement Solution for Hong Kong
Citi – Supporting Dual-Access ETFs in Australia
State Street – Fund Connect ETF Platform Across APAC
Asset Servicing Partnership of the Year
BNY Mellon – Hong Kong Monetary Authority (HKMA)
DBS Bank – Euroclear
Deutsche Bank – CIMB
Digital Asset – HKEX
Market Infrastructure Project of the Year
Clearstream – KSD
Euroclear – Korea CSD
HKEX – Settlement Acceleration Platform
Digital Asset Initiative/Platform of the Year
HSBC – Orion
JP Morgan – Onyx Digital Assets
UBS, SBI, DBS Bank – Blockchain Repo transaction