Network managers expect major changes to sub-custodian due diligence processes
Network managers may be forced to adopt virtual technologies to complete their due diligence processes of sub-custodians, however not all are in agreement of its merits.
Network managers may be forced to adopt virtual technologies to complete their due diligence processes of sub-custodians, however not all are in agreement of its merits.
Emma Prophet had led Morgan Stanley’s global network of agent banks and central securities depository (CSD) relationships for over three years.
Global Custodian has released the longlist of nominations for this year's inaugural Network Manager of the Year Award, to be presented at the Leaders in Custody awards dinner.
Leaders in Custody awards honour the best performers from our surveys from 2018, along with editors’ choice, innovation and network management categories.
Cyber-security could be one of the sections that will be dropped from an industry-wide questionnaire network managers use when selecting a sub-custodian.
The DDQ was at risk of becoming unstuck as network managers pumped the document with their own proprietary questions.
Some sub-custodians have witnessed a dramatic increase in the number of questions being asked in their due diligence questionnaires.
Awards to be handed out at Global Custodian's annual Leaders in Custody event on 16 March