Product Type: Market Research Report
Published by: TowerGroup
Published: July 2007
Product Code: R301-1305Description In the securities industry, custody banks form the underlying foundation for the entire buy side. Fund managers and institutional investors rely on their custodian(s) to hold assets in safekeeping, handle settlements, process income, manage cash and foreign exchange, and provide reporting. But this description doesn't accurately reflect the full capabilities of most global custodians that have, over time, added numerous additional services to form a more complete outsourcing solution. This TowerGroup Research Note analyzes why outsourcing is becoming more appealing to asset management firms and analyzes the service provider landscape.
Table of Contents - TowerGroup Take-Aways
- Report Coverage
- Vision
- Exhibit 1 Global Buy-Side Spending on Outsourcing Providers (2006-10P)
- A Look Inside the Custody Banking Industry
- Exhibit 2 Profile of a Custody Technology and Service Offering (2007)
- Exhibit 3 Top 10 Global Custodians by Assets Under Custody (2006)
- Exhibit 4 Custodians' Client Satisfaction Versus Assets Under Custody (2007)
- Exhibit 5 Geographic Revenue Mix of Top 10 Global Custodians (2007)
- What's Driving Buy-Side Demand for Outsourcing?
- Technology's Role in Buy-Side Outsourcing
- Exhibit 6 Custodians' Global Spending on Technology (2006-10P)
- Summary
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