FTFM
Resources
Principal content
Custody model undergoes a fundamental adjustment
An increased interest in outsourcing and a broadening of the client base means bright prospects in asset servicing despite a difficult environment
Size matters, as do satisfied clients
A global service is seen as key, but there’s room for niche players
In the doldrums, but hopeful for a breeze
The market for securities lending may be in the doldrums but is bracing for a surge in popularity
Managers farm out more activities
Cost concerns are pushing the use of third-party service providers
Back office function comes to the fore
Managers are placing greater emphasis on their back office functions like transfer agency, even if it means they have outsourced the role
Custodians confident AIFM will bring clarity
The responsibilities are now less onerous than the early draft Brussels directive
Diverse model helps unit to stay relevant
Digitisation and automation of data transmission, globalisation and urbanisation are the three trends identified by Citi as underpinning its strategy
The risk of value at risk
Value at risk – the widely used snapshot picture of overall exposure must be applied correctly
Long road to a single European clearing market
A central fund settlement platform for Europe seems some way off, despite the global success of Ucits
Institutions focus on counterparty risk
Management of collateral is now increasingly seen as a buy-side issue


