Our Custodial Services team provides specialist independent custody and support services for domestic and off-shore investment managers, asset managers, and managers of participatory schemes.
What we do for you
Through our Custodial Services team, we have responsibility for banking and trade transactions, settlement, reconciliations, and reporting to clients on a daily, weekly and monthly basis.
In addition to holding securities for safekeeping, we are also responsible for the collection of dividends and interest payments, tax support, and foreign exchange.
Most transactional work is intraday settlements which must be completed within allotted deadlines. We utilise modern systems that provide real time electronic settlements and detailed reporting.
Settlements are completed for:
Managed Investment Schemes
Corporate cash management funds
Wrap account managers
Loyalty card schemes
Paying agent arrangements
Tailored solutions for your business needs
We offer a front-to-back custodial services package that can be customised to your individual requirements while ensuring the highest level of corporate governance.
We provide custodial services so as to meet statutory requirements under the Financial Markets Conduct Act 2013, for managed investment schemes to have their assets held by the supervisor's independent custodian.
We also work for clients seeking:
A bare trustee
A trustee company to act as paying agent
Reporting requirements as trustee
Our partnership arrangements with external experts enables us to seamlessly deliver a wide range of services, tailored to your specific needs, without the complication of extra contracts or paperwork.