CDS

Custody and depository services include safekeeping of securities, settlement of transactions, income collection, corporate actions processing, and various administrative services. Global custodians serve institutional investors with multi-market capabilities, while local custodians focus on specific markets. Services encompass trade settlement, foreign exchange, securities lending, performance measurement, and regulatory reporting. Modern custody involves sophisticated technology platforms supporting straight-through processing, real-time reporting, and risk management. Custodians face increasing regulatory requirements including enhanced client asset protection, operational resilience, and cyber security. The industry is evolving toward digital assets, alternative investments, and integrated solutions combining custody with other services like fund administration and middle office outsourcing.