Click here to register for your free monthly copy of ICFA, a must read for all serious investment professionals
FEATURES
Money matters
Profitability led discussions about the future of the sub-custody industry at this year's Network Management Forum, as delegates debated how to bring rational pricing back to the business while managing upcoming challenges. Melanie White reports from the event in Malta.
The ICFA Global Custody Sponsored Panel 2010
Upcoming regulations on depositaries and increasing consolidation are changing the custodial landscape. ICFA asked three industry experts their views on what lies ahead for the business.
A lifelong passion
In the first of a new series, ICFA talks to veterans of the custody and fund administration business. Nadine Chakar of BNY Mellon reflects on changing times after two decades in the industry and talks exclusively to Sophia Morrell about her new role following the company’s latest acquisition.
The ICFA Luxembourg Fund Industry Roundtable 2010
Luxembourg had an encouraging 2009 which saw it both recovering from the financial crisis and garnering new inflows. How will the jurisdiction cope with the challenges of 2010? ICFA invited representatives from key market sectors to discuss what lies ahead.
Growing market
Amid the recent credit woes emerging from Dubai, the United Arab Emirates securities services profession has exploited the full opportunity of the safekeeping role of custodians. A developing regulatory environment is spurring on providers to sprawl further across the region. Melanie White reports.
Survival of the fittest
Consolidation and competition continue to be key drivers for the German securities services business. Melanie White reports on an increasingly hostile landscape for domestic players in the industry.
Automatic transition
Automation is the latest buzzword of the fund industry and it is becoming a reality now that budgets for technological investment are returning. Sophia Morrell finds out why there is currently such an impetus and where the challenges will lie as the industry is weaned off faxes.
Increasing liability
Proposed legislation in the European Union (EU) is proving contentious as moves to reduce systemic risk could have the opposite effect. Sophia Morrell and Joanne Harris look at the potential impact for depositaries globally. Additional reporting by Melanie White.
Alternative Fund Administration Survey
Changing fortunes - Competition for alternative assets is intensifying as the 2010 survey results show some ranking changes. Sophia Morrell reports on the shifting environment reflected in this year's alternative fund administration survey.
Tough terrain
'Challenging' was a common description of the Nordic market from company leaders last year and 2010 is shaping up as an even tougher prospect. Melanie White reports on how the introduction of central counterparty clearing and the progression of T2S are squeezing smaller players.
Under pressure
Newly stringent demands from investors and reglators have seen a wholesale uptick in independent derivatives valuation with an increase in both scale and rigour. What are the new demands and how can administrators integrate them into their business? Sophia Morrell reports
Up beat
The Brazilian asset servicing industry continues to move to the beat of a resilient economy, while changes in the regulatory environment are also creating optimism among company leaders. Melanie White reports
Top 50 custody mandates
Gaining ground, our latest analysis reveals the key findings of our sixth ICFA Top 50 Custody Mandates study
Not giving up
The Turkish custody profession remained resilient in 2009 despite increasing strains on the general economy. MELANIE WHITE discovers how stable performance levels, as well as developing players in the market, could mean steady growth in 2010.
Taking control
Managed accounts are entering the spotlight as the transparency and liquidity they can offer continue to arouse interest. But investors may find there is more to the structure than the obvious benefits. MELANIE WHITE reports
Life force
Beyone its regulatory framework, Bermuda's major strength is its reputation as a centre of expertise for hedge fund administration. The jurisdction has a long history in this business. KRIS DEVASABAI reports
The ICFA Clearing & Settlement Panel 2009
The advent of T2S, increased regulation and costs are some of the challenges faced by the clearing and settlement business. ICFA asked two industry experts to discuss these and other issues
The ICFA Nordic Asset Servicing Market Round Table 2009
The Nordic markets are going through a period of significant change. ICFA invited a panel of leading industry experts in the rgion to assess the challenges and opportunities that have arisen over the past year
The ICFA Alternatives Panel 2009
In the wake of the financial crisis, fund administrators face new regulatory and economic challenges. ICFA asked three industry experts how they see the future for the alternatives business
Development in the desert
The Middle East is a region rich with oil and opportunity. Joanne Harris finds out how securities service providers are exploiting the region's potential.
Tools of the trade
The demand for more sophisticated risk analytics is driving product development initiatives at the large US custody banks. KRIS DEVASABAI reports
The Goldilocks Agent
Is big better or is small beautiful? Or indeed, when it comes to agent banks and regional sub-custodians, are investors actually looking for a Goldilocks in a bear market? Not too big to be out of touch and not too small to handle the business but just right to get the perfect mix of market knowledge and high-end support services. SEAN FLYNN and PETER MCCREADY report.
Changing perceptions
Staying ahead of teh game, most effectively explains why and how the Channel Islands have become leading international finance centres, ROB KINGSBURY reports
Neither a borrower nor a lender be
Securities lending took a knock last year. But as Joanne Harris discovers, the industry stood up to the crisis and has emerged stronger on the other side.
The ICFA Alternatives Legal Panel 2009
After equities crashed and burned, alternatives are making a strong comeback. ICFA asked two experts to examine the legal challenges and other themes this sector is experiencing.
The ICFA Far East Panel 2009
All eyes are turned to the Far East to see how the region has coped with the financial crisis and where the future growth is. ICFA brought together two industry experts to discuss these and other topics.
Premium Reporting
Improved reporting is seen as a key indicator of a hedge fund's overall quality, writes Kris Devasabai
On the rise
After a traumatic year, the Swiss community is bullish and determined to restore the industry's fortunes. David Adams examines the country's endeavours to build a stronger, more effectively policed and protected financial services infrastracture.
Ucits IV - the next stage
Will Ucits IV lead to increased competition and efficiency in the funds industry, and what impact will it have on the broader distribution of Ucits? David Adams reports.
Global Custody Survey 2009
Custodians have this year been reaping the benefits of a flight to quality investment in the wake of the global credit crisis and consolidation continues as a key industry trend, writes Sean Flynn
In Flux
The arrival of CCP, the development of T2S and the effects of MiFID implementation is putting local custodians under pressure. David Adams examines the pressure on the locals and the opportunities for international players
BNP Paribas launches local clearing in Hong Kong
BNP Paribas Securities Services announced yesterday (September 14 2009) it had been granted a licence to offer clearing and custody services in Hong Kong.
Global Custody Survey 2009
Transparency and the new paradign - Custodians have this year been reping the benefits of a flight to quality investment in the wake of the global crisis consolidation continues as a key industry trend, writes Sean Flynn.
The ICFA German Market Panel 2009
The introduction of T2S, market consolidation and the impact of MTFs are just some of the issues facing the German market. ICFA gathered a panel of industry experts to debate how these and other issues are affecting the German asset servicing industry
The ICFA Luxembourg Funds Industry Round Table 2009
The Luxembourg funds industry seeks to further promote its reputation as a centre of excellence to develop and expand business. ICFA invited a panel of leading executives to debate the key opportunities and challenges they are facing.
The ICFA Custody Panel 2009
The financial crisis has led to calls for increased regulation and a 'flight to quality'. ICFA gathered a panel of industry experts to debate the effects of these and other issues on custodians
The ICFA Irish Funds Industry Round Table 2009
The Irish funds industry prides itself on being built on the pillars of openness, transparency and regulation. ICFA invited a panel of leading industry experts to assess the challenges and opportunities that have arisen over the past year
Top 50 Custody mandates
Our latest analysis reveals the key findings of our fifth ICFA Top 50 Custody Mandates study
Raising questions
As a parting gift, the Irish internal market commissioner Charlie McCreevy has presented his fellow countrymen in the Irish funds industry with a conundrum of how to assess the impact of the proposed new Alternative Investment Fund Managers Directive (AIFMD). Declan O'Sullivan writes
Modern Greece
Despite a tough year following the fallout from the financial crisis the Greek market is starting to pick up. David Adams reports
The cutting edge
Pension funds in the Netherlands have lost about 15% of their assets under management since the onset of the financial crisis. David Adams examines how the industry is responding
Gateway to Africa
Emerging yet sophisticated, South Africa could be the ideal investment destination for those on that 'flight to quality'. Sean Flynn reports
It's mini-prime time
As the prime brokerage heavyweights are forced to reassess their business models, so called mini-primes specialising in servicing small and mid-sized hedge funds are booming. Kris Devasabai reports
Banking sector ready for recovery
The financial services sector underwent a complete restructering following Turkey's own crisis in 2001. The country can now use the lessons learned to weather the current storm and is well placed for the turnaround. By Peter McCready
Derivatives head for clearing
After the collapse of Lehman Brothers and the bailout of AIG, financial service regulators are searching for a way to bring over-the-counter derivatives onto exchanges. Top of the list are actions aimed at credit default swaps. Kris Devasabai reports
Growing stronger
Despite the trials and tribulations of 2008, unprecedented falls in assets under administration and a general contraction of the hedge fund industry, Cayman Islands fund administrators are positive about the future. Margie Lindsay looks at some of the challenges facing the industry
Delivering the goods
David Adams explores the issues to be considered when selecting an agent bank in the current market
Strategic rethink
US Editor Kris Devasabai looks at the prospects and challenges facing Canada
ICFA Alternative Fund Administration Survey 2009
Priorities have shifted. Safety and transparency of investment now rank as highly as performance for end customers. Peter McCready reports on this year's alternative fund administration survey.
Flight to quality
Luxembourg is the second largest fund centre in the world after the US. Its open-minded regulator, fund-friendly legislation and regulation and developed cross-border distribution makes it a leader in Europe. Jamie Wynn-Williams reports.
Innovation pays
Luxembourg's resilience while all around economies are struggling lends itself to its ability to attract asset managers at a time when confidence in risk management is imperative, writes Deborah Benn.
The cutting edge
Fundamental changes in the European securities and investment funds industry landscape have created the need for a new generation of technology solutions, writes Mike Foley.
Made to measure
The buy-side must embrace a flexible system infrastructure in order to meet the challenges of processing OTC derivatives, writes Ian Mainwaring.
Hedge Fund Sevicing Panel 2009
The need to adapt systems to facilitate the developments of new products and the ongoing move to increased automation are just two of the challenges facing service providers. ICFA gathered a panel of industry experts to debate the key issues facing the industry
A new model
Hedge funds are reassessing the prime brokerage model in the wake of the financial crisis, creating opportunities for new players to step into the business, writes Kris Devasabai.
Testing times
Securities lending found itself in the spotlight as regulators sought to rein in short selling following the collapse of Lehman Brothers. Emma Oakman reports on the impact of recent events
New world order
The giants of the global custody industry have weathered the financial storm better than most. Nick Sudbury reports on how US custodians are adapting to the new world order.
Automatic for the people
Financial institutions have been chasing the holy grail of STP for more than a decade. Here, MARK CORIATY reviews the latest moves towards process automation in the buy-side.
Changing lanes
Changing client needs have highlighted the need for scale and diversification in the offshore hedge fund administration business, writes Kris Devasabai.
The ICFA Nordic Securities Market Round Table 2008
The ICFA Nordic Securities Market Round Table 2008
Information overload
Reliance on manually collected data could scupper drives towards enterprise data management in the financial services industry, writes Ashley Smith.
Eye of the storm
Sibos 2008 was rocked by the collapse of Lehman Brothers and the near meltdown of the financial markets on the eve of the conference, which left delegates in a reflective mood, writes ICFA
Breaking the waves
A controversial new funds regime aimed at the hedge fund community has injected new life into the Channel Islands funds industry. Kris Devasabai reports
Empire in ruins
Crippling cash outflows have highlighted the need for major structural reform of the Italian asset management industry. Kris Devasabai reports on the long term prospects for fund services providers
A new breed
The once troubled investment operations outsourcing business is undergoing an evolution. ICFA reports on future prospects in a changed market.
At the crossroads
With the structured product industry falling under ever sharper focus, Philippe Rozental analyses the valuation and servicing needs of these products in changing markets
Across the universe
Market consolidation and growing competition are encouraging global custody players to innovate and invest in their range of client services to stay ahead of the game. Kris Devasabai reports
Always the sun
The Greek securities market has already enjoyed an eventful 2008 with the promise of more exciting sectoral development to come. Jason Conway reports
Mission critical
Months of financial turmoil have set the scene for what may prove a critical SIBOS event in Vienna this year. As delegates prepare for a diverse and engaging programme, Jason Conway analyses the key topics of interest for SIBOS in 2008
A call to arms
As the battle between global funds jurisdictions intensifies, Malta is staking its claim as a world class contender. Jason Conway reports.
Homage to Catalonia
The annual Fund Forum event in Barcelona provided some serious food for thought as funds professionals grappled with the economic uncertainty facing their industry. JASON CONWAY reports
Trading places
The rapid development of alternative European trading platforms is driving major change and creating new opportunities for service providers. KRIS DEVASABAI reports
East of Eden
The enthusiasm surrounding the Beijing Olympics reflects growing global financial confidence in an emerging superpower. KRIS DEVASABAI reports
Eastern promises
While many Central and Eastern European markets would be the first to admit investment and development are badly needed, local financial drives are creating some major new opportunities
The master class
Dark global economic clouds have failed to dent business enthusiasm in a highly successful Irish funds market geared for growth. Jason Conway reports
The ghost in the machine
Growing risk management concerns are fuelling serious new interest in data management strategies and solutions. KRIS DEVASABAI reports
The show must go on
While Sub-Saharan Africa enjoys more than its fair share of troubles, custodians operating within the region continue to find genuine grounds for optimism. JASON CONWAY reports
Time for action
After the turmoil of the recent credit crunch the latest annual Fund Forum hits Barcelona in June - with delegates keen to establish which way the investment business will move next. JASON CONWAY reports
A place in the sun
Despite concerns over a populist budget, international bankers remain bullish about domestic prospects in India, writes Nadine Marroushi
Winds of change
As regional market infrastructures fall under new focus, the highly competitive Nordic custody sector is bracing itself to meet the potential challenges and opportunities ahead. Jason Conway reports
The French connection
French asset servicing banks are pursuing an ambitious strategy of global expansion in uncertain market conditions, writes Kris Devasabai
The ICFA Luxembourg Funds Industry Round Table 2008
Despite a period of global market turbulence, the Luxembourg Funds Industry continues to enjoy impressive group. ICFA invited a panel of leading industry executives to debate key opportunities and challenges likely to face their businesses in the months ahead.
Hot prospects
The dynamic Asian finance centres of Singapore and Hong Kong are attracting a new wave of fund servicing specialists as investors bid to capitalize on regional growth prospects. Jason Conway reports
Rising stars
In a special report, Kris Devasabai profiles five hedge fund administrators, each launched within the past 18 months, with the potential to make a real impact in the years ahead
Green shoots
The growing scale and complexity of the third party offshore fund administration sector and the emergence of new centres and talent is increasingly evident in our annual survey of service providers, writes Kris Devasabai
Safety in numbers
Despite a recent wave of global market uncertainty, the private equity sector continues to offer rich prospects for committed fund administrators. Jason Conway reports
The enigma variations
Rapid growth in the use of OTC derivatives within the asset management industry is creating a raft of new complications in the middle and back office. KRIS DEVASABAI reports
Forward as one
European pensions pooling has enjoyed mixed success to date. But, as Kris Devasabai reports, the concept appears set to gain fresh momentum in light of recent developments
Come together
The growing convergence of traditional and alternative asset management styles is creating a new range of challenges and opportunities for the investment and asset servicing industries, writes Kris Devasabai
The heat is on
The booming alternative investment business is driving major new competition between offshore jurisdictions. But the threat of external political interference remains a clear and present danger writes, KRIS DEVASABAI
The Ireland Funds Industry Roundtable 2008
Despite recent global market turbulence, the Irish Funds Industry faces a range of exciting new opportunities. ICFA assembled a pool of local industry experts to assess the next steps in the development of an exciting business
Great expectations
After a mixed year for SWIFT, incoming chief executive Lázaro Campos was understandably keen to outline his future vision for the messaging giant at SIBOS 2007. ICFA reports on an impressive start for the new CEO
High rise
The Japanese financial industry has seen huge changes in recent years with mixed economic results. But, as Martin D Clark reports, this remains a market of immense significance for asset servicing companies
Islands in the stream
The advantages of doing business in Jersey and Guernsey are creating a huge groundswell of support for funds activity in the Channel Islands. Kris Devasabai reports
The state of play
Against a recent backdrop of market volatility and consolidation the long established US custody sector offers a surprising degree of new opportunties for committed service providers. Jason Conway reports
Back in the USA
Boston welcomes the annual SWIFT backed SIBOS exhibition and conference this year. And, despite an unsettling period of market turbulence, the stage looks set for an extremely positive and thought provoking five day event. JASON CONWAY reports
Firm foundations
With the hedge fund industry under increasing public scrutiny, Kris Devasabai spoke with fund manager Highland Financial Holdings Group about its commitment to strengthen valuation and risk management procedures
The heart of the matter
With the controversy surrounding the T2S European settlement initiative reaching fever pitch, Kris Devasabai spoke to ECB director general of payment systems Jean-Michel Godeffroy about the road ahead
New horizons
As the battle for supremacy between hedge fund servicing jurisdictions hots up, Jason Conway reports on the prospects facing the key centres competing for business in an ever more complex global environment
At the crossroads
Despite its undoubted growth, the hedge fund industry has faced mixed fortunes within the past 12 months. Here, Jason Conway reports on the likely road ahead for a market facing significant new threats and opportunites
ICFA Nordic Custody Panel 2007
Asset servicing specialists debate the key issues facing the Nordic clearing and custody market
Firm foundations
With the hedge fund industry under increasing public scrutiny, Kris Devasabai spoke with fund manager Highland Financial Holdings about its commitment to strengthen valuation and risk management procedures
Northern lights
As the vibrant Nordic custody sector enters the latest stage in its development, Jason Conway reports on the key opportunities and threats facing the market
Olympian heights
Ambitions are riding high among Greek agent banks determined to improve efficiency and deliver world class service to clients. Kris Devasabai reports
A return to form
Over 1700 delegates made the annual pilgrimage to the Fund Forum event in Monaco this Spring. And, as Jason Conway reports, the conference did not fight shy of tackling some key issues facing the investment business
A driving force
With the German investment market at a key stage in its development, Kris Devasabai reports on the latest moves by asset servicing providers targeting the country
The master class
An evolving Swiss securities market holds rich potential for committed asset servicing providers. Jason Conway reports on the development of a European investment powerhouse
The name of the game
For global custodians operating in ever more competitive international markets, good client relationship management is a vital ingredient in business success. Kris Devasabai reports
ICFA Outsourcing Forum 2007
On April 19 ICFA hosted its first ever Outsourcing Forum in London. Here, we review the key issues highlighted by speakers on the day
ICFA Outsourcing Forum 2007
On April 19 ICFA hosted its first ever Outsourcing Forum in London. Here, we review the key issues highlighted by the speakers on the day
Luxembourg Funds Industry Panel 2007
The stellar growth of the Luxembourg funds industry continues apace as the Grand Duchy expands its service offering. ICFA invited a panel of local experts to debate the issues faced by the industry
Onward march
The latest ALFI funds conference in Luxembourg highlighted the spectacular growth of the industry in the Grand Duchy. Jason Conway reports
ICFA Offshore Fund Administration Survey 2007
Our annual survey explores the strength and depth of this fast growing sector
Under pressure
Italian asset managers struggling with lacklustre growth should investigate outsourcing opportunities, writes Kris Devasabai
The Irish Funds Industry Round Table 2007
Against a backdrop of global change, ICFA assembled a pool of local industry experts to assess the way forward for the Irish funds industry
A winning formula
As a truly world class funds centre, Ireland continues to fight for global supremacy in an ever more complex international market. Jason Conway reports
Into the blue
Bermuda enjoys a well earned reputation as a blue chip asset servicing centre. Here, Kris Devasabai reports on the latest industry developments
Rock solid
As the competition between European fund centres intensifies, Malta is staking its claim as a location of choice for investment professionals. Jason Conway reports
Loan stars
The rapidly growing securities lending market is getting to grips with automation and third party service models, writes Kris Devasabai
Great expectations
The global market for third party fund administration services is delivering a raft of new business prospects to international service providers. Jason Conway reports
Trade winds
Hong Kong and Singapore share a well deserved reputation as key regional financial centres. Here, Kris Devasabai examines the latest business moves in both cities
London calling
The dynamic UK investment market continues to offer serious potential to committed service providers. Kris Devasabai reports on recent developments
Northern lights
While often overshadowed by its US neighbour, the Canadian custody market continues to hold strong business potential for service providers. Jason Conway reports
A meeting of minds
As The Bank of New York prepares to seal a landmark merger deal with Mellon Financial, its head of Europe, Tim Keaney, spoke with Jason Conway about the road ahead
ICFA Global Funds Centres Panel 2007
Competition between global tax efficient centres has never been stronger. Here, our expert panel analyses key strengths and opportunities within the international funds market
Golden years
A decade on from the launch of ICFA Magazine, editor Jason Conway reviews some major landmarks in the ever changing global asset servicing business
ICFA Prime Broker Survey 2006
While prime brokers have enjoyed remarkable success in recent years, growing competition is driving the established market participants to re-invent core services and develop a broad range of value added products. Our latest survey tracks the latest developments in this exciting market
ICFA Value Added Custody Survey 2006
The range of value added services offered by custodians continues to broaden as providers work ever harder to boost returns for their underlying clients. In our latest survey, we set set out the full range of non-core services offered by the leading custodians
ICFA Offshore Third Party Fund Administration Survey 2006
As markets recover from a lengthy global investment slump, offshore third party fund administrators face a changed market with renewed optimism. Our latest industry survey outlines the services offered by the leading players
ICFA Prime Broker Survey 2005
Business has rarely been better for prime brokers as the hedge fund market attracts a new tier of institutional interest. Our latest survey provides an overview of the services offered by the major providers
ICFA Value Added Custody Survey 2005
Global custodians have long offered value added services to clients as part of their bundled offering. But, in a competitive market, third party service providers are gaining ground. In our latest survey, we outline the breadth and depth of services on offer
ICFA Offshore Third Party Fund Administration Survey 2005
Merger and acquisition activity is reshaping the fund servicing industry. In our latest annual survey we compare the services offered by providers and track changes within the business
ICFA European Asset Servicing Panel
Market leaders from across Europe debate the key issues facing their industry
Making waves
Jason Conway reviews two major events hosted by the Channel Islands of Jersey and Guernsey
On target
Jason Conway reviews this year's SIBOS extravaganza, which showcased efforts to improve automation and STP in the securities industry
Northern lights
For Northern Trust executive vice president and group head Steve Potter the European securities market holds a range of exciting new challenges. He spoke to Jason Conway about his career and future ambitions
The master class
While Europe transforms its asset servicing industry the Netherlands, Belgium and Luxembourg continue to offer strong, distinctive business potential of their own. Jason Conway reports
A fine vintage
The largest French custodians are formulating strategies aimed at European dominance, writes Kris Devasabai
New frontiers
The US fund services market may be mature, but there is still plenty of room for innovation and creative thinking. Kris Devasabai reports
Top 50 custody mandates 2006
ICFA's exclusive annual custody mandate ranking and analysis provides an insight into the deals that defined 2006
Playing the game
Broker/dealers require world class back office support to thrive. Here, Kris Devasabai examines the work of service providers in this demanding sector
The big picture
Alberto Giovannini sits at the heart of efforts to streamline and improve cross border securities settlement. In a special ICFA interview, he spoke to Jason Conway about his guiding vision
At the crossroads
Turkey has endured a troubled start to 2006, but underlying economic and financial prospects remain surprisingly strong. Kris Devasabai reports
The heart of the matter
In this, the 10th anniversary of the launch of CRESTCo, chief executive officer Tim May spoke to ICFA editor Jason Conway about his hopes for the organisation and his personal career journey
ICFA Irish Funds Industry Round Table 2006
Prospects for the Irish funds industry look increasingly bright. ICFA invited a panel of industry experts to debate the latest issues facing the market
Celtic rangers
Irish fund industry growth continues apace. But, as Jason Conway reports, the architects behind the success of the business are far from complacent
Leading lights
A nation buoyed by its successful bid to host the 2012 Olympics is also witnessing a marked improvement in financial sector fortunes. Kris Devasabai reports
The ICFA Corporate Actions Panel 2006
Automating corporate actions processing and improving industrywide efficiency remain key goals for investment servicing institutions. ICFA invited a panel of experts chaired by editor Jason Conway to analyse the latest developments in this important area
The name of the game
Transfer agency is a critical part of the retail fund servicing offering. But what lies ahead in this increasingly competitive sector? Jason Conway reports
Athena rising
While securities market development in Greece has encountered some turbulent moments, the sheer ambition of the institutions it supports continues to impress. Kris Devasabai reports
The main man
This year has already proved eventful for ICFA Award winner RBC Dexia Investor Services. In a special interview company CEO Jose Placido described his career and ambitions
Return to lender
Growing acceptance of securities lending has brought fresh opportunities and challenges to a range of services providers, writes Kris Devasabai
La Dolce Vita
Despite growing domestic economic uncertainty in Italy, these are exciting times for the local asset servicing community. Jason Conway reports from Milan
Smooth operators
Bermuda enjoys a distinct reputation as a world class asset servicing and insurance centre. Here, Jason Conway reports on recent industry developments
News of the world
Foreign exchange trading is an exciting area requiring world class back office support. Here, Kris Devasabai analyses the complex and challenging work of forex service providers
Neon knights
Amid wider market transition, the Japanese securities industry looks set to cast off the shackles which have hindered its modernisation drive. Jason Conway reports
Eyes on the prize
JPMorgan's senior vice president, Liz Nolan sits at the heart of efforts to develop its securities servicing business. Jason Conway spoke to her about her career and current market view
Border patrol
Market infrastructure consolidation in Europe continues to spark heated debate among industry participants. Kris Devasabai analyses efforts to drive market reform
Like clockwork
The Swiss banking sector is currently enjoying the fruits of economic success and the prospects for its custodians look increasingly bright. Kris Devasabai reports from Geneva and Zurich
Going for goal
As Germany prepares for the 2006 World Cup amidst a growing sense of economic renaissance, Jason Conway reports on the current business mood among custody providers
Poll position
Growing corporate governance concerns have sharpened the focus on proxy voting services from both investing institutions and their custodians, writes Jason Conway
Great expectations
In an era of consolidation, BNP Paribas Securities Services CEO Jacques-Philippe Marson faces market challenges with relish. He talked to Jason Conway about his experiences and future hopes
ICFA Global Custody Panel 2006
Recent market volatility has failed to dent the optimism of global custodians. ICFA invited a panel of experts to debate some key issues facing the industry
Ahead of the game
Decades spent within the securities services business have convinced Citigroup GTS EMEA managing director Giulio di Cerbo the industry needs to think smarter to tackle some key challenges ahead
A different class
The global prime brokerage market has welcomed a number of new entrants in recent years. Here, Jason Conway reports on the opportunities and challenges facing the current crop of industry players
Business as usual
Despite the uncertainty caused by recent stock market volatility, the annual Fund Forum in Monaco presented an upbeat message and some serious food for thought. Jason Conway reports
Spanish magic
The ongoing Spanish financial renaissance is creating a raft of new opportunties and challenges for local custody providers. Kris Devasabai reports from Madrid
Northern lights
Amid growing competition, Nordic custodians are devising distinctive strategies they hope will bring future success. Kris Devasabai reports
Wizards of Oz
One of the most sophisticated investment markets in the world, Australia offers no shortage of business opportunties for custody providers. Kris Devasabai reports
Breaking the waves
The Caribbean funds industry continues to attract business from a range of international investment promoters. ICFA invited a panel of local experts to share their views on the challenges and opportunities facing market participants.
State of the nation
Despite its undoubted maturity, the US custody market continues to present strong opportunties for a range of service providers. Jason Conway reports


