Although the market started somewhat slowly for custodians and asset service providers in 2014, the second half of the year proved to be a boon as stock market activity surged and China launched the Shanghai-Hong Kong Stock Connect.
In any case, changing market conditions continued to push the custodian banks and asset service providers to reshape themselves with strong focus on enhancing client connectivity and client servicing models.
A common theme that emerged is that of banks de-emphasizing their functional structures in favor of more flexible structures that facilitate communication across their organizations and with their clients.
Many banks acknowledged it was time to change the traditional structures in order to provide clients with a single point of contact that can cut across their custody teams and fund services team. Enhanced connectivity with the global banking and markets businesses has also become a crucial factor as a way of maximizing opportunities in the custody and asset servicing space.
It is in this context that we announce the winners and nominees for The Asset Triple A Asset Servicing Awards 2015.
Please click here for complete list of winners: