Global Custodian reveals winners of Leaders in Custody awards 2025

BNP Paribas, State Street, JP Morgan, Standard Chartered, Clearstream, Mizuho Bank, BNY and SIX were 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.

Standard Chartered and SIX stood out with three accolades apiece on the evening, while State Street, BNP Paribas, JP Morgan, Clearstream, Deutsche Bank, Euroclear, and Mizuho Bank 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, State Street took home the coveted Global Custodian of the Year award, while JP Morgan scooped up an honour for its flagship data platform Fusion. Citi was handed the Global Securities Services Provider of the year, an award encompassing multiple areas of services including sub-custody, global custody, fund administration and more.

The Deal of the Year accolade went to Northern Trust for its impressive mandate with Nest, while Digital Asset was crowned Fintech of the Year. Chainlink picked up the award for Fintech One to Watch, while the Asset Servicing Project – One to Watch honour was picked up by DTCC for ComposerX. 

BNY and BlackRock were handed the award for Asset Servicing Partnership of the Year, while Euroclear was awarded with Digital Asset/DLT Initiative of the Year for the roll out of its Digital Securities Issuance (D-SI) service. 

Clearstream’s D7 received Market Infrastructure Project of the Year, while also being recognised for Asset Servicing Outstanding Achievement. 

Other winners in the Editors’ Choice segment included Broadridge for innovation across the full asset servicing lifecycle, and S&P Global Market Intelligence for Innovation in Post-Trade Operations Technology. 

Komainu picked up the award for Innovation in Digital Asset Custody, Saphyre for Innovation in Artificial Intelligence and ICICI Bank for Innovation in Custody Services.

Standard Chartered was named Agent Bank of the Year for Frontier Markets, Deutsche Bank for Emerging Markets, and Mizuho Bank for Major Markets.

The other winners across our survey awards included SEB, BNP Paribas, HSBC, Eurobank, Piraeus Bank and UBS.
 

SIX won three awards within Best in Class for its outstanding performance across Account Management, Asset safety and Risk Management, and Data Services, while BNP Paribas was recognised for Service Innovation. 

Our individual honours saw Emily Portney receive the prestigious Lifetime Achievement Award, while Margaret Harwood-Jones was voted on the night as the Industry Person of the Year.

More stories and an awards gallery are set to follow on our website today.


Agent Bank of the YearMajor MarketsMizuho Bank
Agent Bank of the YearEmerging MarketsDeutsche Bank
Agent Bank of the YearFrontier MarketsStandard Chartered Bank
Best in Class: Global Account ManagementSIX (ICSD)
Best in Class: Global Asset Safety and Risk ManagementSIX (ICSD)
Best in Class: Global Asset ServicingEurobank (Greece)
Best in Class: Global Client Service & Relationship Management Piraeus Bank (Greece)
Best in Class: Global Data ServicesSIX (ICSD)
Best in Class: Global Service InnovationBNP Paribas (Hungary)
Best in Class: Global TechnologySEB (Sweden)
Best Provider as Rated by Network ManagersMajor MarketsMizuho Bank
Best Provider as Rated by Network ManagersEmerging MarketsHSBC
Best Provider as Rated by Network ManagersFrontier MarketsStandard Chartered Bank
Regional Award – Best CustodianCentral and Eastern EuropeRaiffeisen Bank International
Regional Award – Best CustodianWestern EuropeUBS
Regional Award – Best CustodianMiddle East and North AfricaStandard Chartered Bank
Regional Award – Best CustodianSub-Saharan AfricaMauritius Commercial Bank
Editors’ ChoiceDeal of the YearNorthern Trust – Nest
Editors’ ChoiceAsset Servicing Outstanding AchievementClearstream – D7
Editors’ ChoiceAsset Servicing Partnership of the Year BNY – BlackRock
Editors’ ChoiceOutstanding Data PlatformJP Morgan – Fusion
Editors’ ChoiceFintech One to WatchChainlink
Editors’ ChoiceFintech of the YearDigital Asset
Editors’ ChoiceSecurities Finance & Collateral Initiative of the YearPirum / BNY – ECPOConnect
Editors’ ChoiceDigital Asset / DLT Initiative of the YearEuroclear – Digital Securities Issuance (D-SI) Service
Editors’ ChoiceMarket Infrastructure Project of the YearClearstream – D7
Editors’ ChoiceDigital Asset Partnership of the YearState Street – Taurus
Editors’ ChoiceAsset Servicing Project – One to WatchDTCC – ComposerX
Innovation AwardInnovation for the Full Asset Servicing LifecycleBroadridge
Innovation AwardInnovation in Post-Trade Operations TechnologyS&P Global Market Intelligence
Innovation AwardInnovation in Digital Asset CustodyKomainu
Innovation AwardInnovation in Artificial IntelligenceSaphyre
Innovation AwardInnovation in Custody ServicesICICI Bank
Lifetime Achievement AwardEmily Portney
Agent Bank of the YearBNP Paribas
Editors’ ChoiceGlobal Securities Services Provider of the YearCiti
Editors’ ChoiceGlobal Custodian of the YearState Street
Industry Person of the YearMargaret Harwood-Jones

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