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Table of contents (15 chapters)
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Front Matter
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An Introduction to Custody & Clearing
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Front Matter
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Asset Servicing
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Front Matter
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Managing Risk
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Front Matter
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Technology
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Front Matter
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The Future
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Front Matter
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Keywords
About this book
Reviews
'Just 20 years ago global custody described an arcane activity practiced by several hundred domestic banks in Europe and North America. Today it is a major industry dominated by a few global institutions. These players operate as information and processing hubs for upwards of $100 trillion in financial assets. Automation, standardization, and consolidation got us here. Now we find ourselves in a period of astounding innovation and complexity. This book answers a need for an overview of the industry's origins and current trends. It also provides a wealth of detail on best practices, technologies, and service providers to help the global custodian in years to come. A timely book which connects custody, clearing and settlement services with sophisticated systems, applications, and processes.' - Taylor Bodman, Partner, Brown Brothers Harriman
'Custody is getting to be an increasingly complex area in which to deliver excellence in services. What worked last year, won't necessarily work next year or even next month. New paradigms are needed, particularly in corporate actions processing, to meet double digit growth in cross border investment. This book gives an excellent explanation of our industry and what issues it needs to address to create those paradigms.' - Martin S. Foont, President& CEO GlobeTax.
'Other books in this genre focus either on history or on practice. This book is uniquely valuable for practitioners because it uses history to explain and putcurrent practice into context, then uses it as the platform to point the way for the future of custody and clearing services. In that regard, this is a "must have' book for the serious professional. It is clear, succinct and to the point, not an easy thing to achieve in a work that has such a wide scope.' - Alan Philpot, Chief Executive Officer, Penson Financial Services.
'I found the explanation of the current global custody and clearing service to be very thought provoking and insightful. The book ties together elements of the industry that will be helpful to insiders and newcomers alike. This book is a window into the industry, offering a view on the current business landscape and some interesting thoughts on where the industry might be heading.' - Paul Stillabower, Global Head of Business Development, HSBC Securities Services, Fund Services.
'Its accessible style, coupled with excellent graphics and informed content, makes Global Custody a worthwhile read for insiders and novices alike.' - Securities& Investment Review
About the authors
NAREN PATEL is a securities industry practitioner with over twenty years experience, having worked in global custody as Head of Client Services and Relationship Management. He is a member of the Securities& Investment Institute and a registered SFA representative.
Bibliographic Information
Book Title: Global Custody and Clearing Services
Authors: Ross McGill, Naren Patel
Series Title: Finance and Capital Markets Series
DOI: https://doi.org/10.1057/9780230592445
Publisher: Palgrave Macmillan London
eBook Packages: Palgrave Economics & Finance Collection, Economics and Finance (R0)
Copyright Information: Palgrave Macmillan, a division of Macmillan Publishers Limited 2008
Hardcover ISBN: 978-0-230-00700-0Published: 14 December 2007
Softcover ISBN: 978-1-349-28288-3Published: 01 January 2008
eBook ISBN: 978-0-230-59244-5Published: 14 December 2007
Series ISSN: 2946-2010
Series E-ISSN: 2946-2029
Edition Number: 1
Number of Pages: XIX, 320
Topics: Personal Finance/Wealth Management/Pension Planning, Business Finance