Global Custodian reveals winners of Leaders in Custody awards 2024 

BNP Paribas, Deutsche Bank, Euroclear, JP Morgan, SIX and Standard Charteredwere among the winners of multiple awards at the prestigious event held at The Savoy, London last night.   

By Editors

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

Deutsche Bank and SIX each took home three honours on the evening, while BNP Paribas, Euroclear, JP Morgan, Mizuho Bank, Standard Chartered and State Street were among the organisations to pick up two awards.    

The event celebrated the outstanding securities services providers, including those which have excelled in Global Custodian’s Agent Bank surveys, alongside our Editors’ Choice, Innovation, and Individual honours.  

In our Editors’ Choice segment, BNY Mellon took home the coveted Global Custodian of the Year award for the second year running, while JP Morgan scooped two separate honours for its flagship data platform Fusion.   

Best New Asset Servicing Project was picked up by Brown Brothers Harriman for data solution InfuseDX. 

The Deal of the Year accolade went to Northern Trust for its mandate from True Potential, while Proxymity was crowned Fintech of the Year for the second time in three years. Tokenbridge picked up the award for Fintech One to Watch. 

Metaco and Zodia were handed the award for Asset Servicing Partnership of the Year, while Euroclear was awarded with Market Infrastructure Project of the Year for the roll out of its Digital Securities Issuance (D-SI) service. Digital Asset’s Canton Network also took home the crystal for Digital Asset Initiative of the Year.   

Other winners in the Editors’ Choice segment included Broadridge for its DLR solution and TCS for Technology Vendor of the Year. 

New Euroclear CEO Valerie Urbain picked up the prestigious Industry Person of the Year award, recognising her phenomenal achievements over the past 12 months, both personally and in driving the ICSD’s strategy.

The other winners across our survey awards included Eurobank, BNP Paribas, HSBC, Intesa Sanpaolo and UBS. 

SIX won Best in Survey for its outstanding performance across our sub-custody surveys, while Standard Chartered was named Agent Bank of the Year for both Major and Frontier markets.

In a year when Global Custodian received a record number of nominations for its Innovation awards, honours were given to Citi, State Street, Lukka, National Stock Exchange, Saphyre, S&P Global, Nasdaq and Deutsche Bank. 

A full list of winners can be found below: 

Best in Class: Global
Asset Safety and Risk ManagementEurobank – Greece
Account ManagementIntesa Sanpaolo – Italy
Data ServicesSIX – Switzerland
Relationship ManagementMizuho Bank – Japan
TechnologySIX – Switzerland
Client ServiceBNP Paribas – Turkey
Best NetworkState Street
Agent Bank of the Year
Major MarketsStandard Chartered Bank
Emerging MarketsDeutsche Bank
Frontier MarketsStandard Chartered Bank
Large ClientsUBS
Best in SurveySIX
Best Provider as Rated by Network Managers
Major Markets: OverallSEB
Emerging Markets: OverallDeutsche Bank
Frontier Markets: OverallHSBC
Best Provider as Rated by Global Custodians
Major MarketsMizuho Bank
Emerging MarketsBNP Paribas 
Innovation Award
Innovation in T+1 Post-Trade SolutionsSaphyre
Innovation in Digital Custody SolutionsS&P Global Market Intelligence
Innovation in AI TechnologyDeutsche Bank
Innovation in Post-Trade TechnologyNasdaq
Innovation in Blockchain for Private MarketsCiti
Innovation in Crypto Data ManagementLukka
Innovation in Front-to-Back-Office ServiceState Street Alpha
Innovation in Market StructureNational Stock Exchange
Editors’ Choice
Global Custodian of the Year BNY Mellon
Custody Deal of the YearNorthern Trust – True Potential 
Asset Servicing Partnership of the Year Metaco – Zodia 
ESG Initiative of the Year JP Morgan – Sustainable Investment Data Solutions
Best New Asset Servicing Project Brown Brothers Harriman – InfuseDX 
Data Project/Initiative of the Year JP Morgan – Fusion 
Market Infrastructure Project of the Year Euroclear – Digital Securities Issuance (D-SI) Service 
Fintech of the Year Proxymity 
Fintech One to Watch Tokenbridge
Technology Vendor of the Year Tata Consultancy Services  
Securities Finance/Collateral Initiative of the Year Broadridge – DLR 
Digital Asset/DLT Initiative of the YearDigital Asset – Canton Network 
Industry Person of the Year

Valérie Urbain