New regulations and technology are fostering changes in the custody arena, providing clients with more choice and flexibility. How can clients leverage data and the concept of “smarter custody” to optimise cash and securities assets?
Smarter custody mobile app
Click on the image above to watch the video series on how the industry is developing a Smarter Custody strategy, driven by:
- A shift in client priorities: This requires solutions that focus on post-trade goals driven mainly by regulation but also business goals. While asset protection remains a top priority, firms are also looking at how to better access and move assets to meet business needs. A balance must be struck between the safeguarding and the mobility of assets. This is leading to a move from the traditional “bundled” custody product towards an implementation of new “component-based” solutions.
- Intelligently optimising assets in the new regulatory environment: Basel III requires an understanding of where credit is and if adequate provisions have been made should a credit line disappear. At the same time European Market Infrastructure Regulation requires collateral to be placed with central counterparties, across the globe, at specific times. Firms should consider both cash and securities as assets that can fulfil these obligations.
- Empowering clients through data: Data is a significant factor in improving efficiency and process. Access to better quality data that is an integrated part of a custody solution can improve a firm’s data analysis and, therefore, overall efficiency.
WHITE PAPER
Transitioning into the future of securities post-trade Transitioning into the future of securities post-trade
While the European securities post-trade industry is taking steps towards harmonisation and integration, a standardised interface for investors, as well as uniform rules and regulations, are still needed to drive true market efficiency
Transitioning into the future of securities post-trade MoreARTICLE
Fast-forwarding capital markets Fast-forwarding capital markets
In today’s business environment, investment firms need to be able to make quicker decisions, remove latency and eliminate manual tasks. flow’s Janet Du Chenne reports on how BNY Mellon’s technological transformation has enabled it to help clients achieve this
WHITE PAPER
DLT and digital asset’s path to smart custody DLT and digital asset’s path to smart custody
In the face of declining fee levels and increasing regulatory and market requirements for asset protection and market stability, the securities post-trade industry seeks a sustainable future. Distributed Ledger Technology (DLT) may provide part of the answer by realigning the roles of its participants
DLT and digital asset’s path to smart custody More