Full Service Custody – Omnibus Account at CSD
Settlement harmonisation
You can’t manage settlement in this model. However, you can leverage the harmonised processes of T2S
✓Central Bank money
Only Deutsche Bank Central Bank money can be used versus an omnibus custody account
×Local market expertise
Deutsche Bank has extensive on the ground expertise available for this model
✓Investor protection (1)
Your assets can be segregated within the custodian's books
✓Investor protection (2)
Your assets are segregated in the custodian but held in omnibus accounts externally
×Investor protection (3)
The assets are held at the CSD in the name of Deutsche Bank
×Asset mobility
Domestic assets can be visible to tri-party programmes but must be moved as required
✓Liquidity optimisation
Leverages Deutsche Bank’s position as No.1 € liquidity provider in a single account
✓- Infrastructure change
- Regulatory change
- Prioritised selection
- Not a priority selection
- ✓ Fully provides the associated benefit
- ✓ Provides a level of benefit
- × Does not offer a solution in this area
- − Not applicable / Not required