Advanced Custodial Services Platform

Overview

Advanced Custodial Services is a turnkey solution that enables banks and brokers to offer custody services to their clients or upgrade their current custody services with a modern, automated platform.  

The cohesive, automated platform enables firms to manage custodial operations with minimal manual effort, helping the custody business operate with maximum efficiency and minimal cost.   

The solution streamlines post-settlement activities, creates a structured book of record, integrates with market data feeds and provides client views via a portal. 

Industry Challenges

Complexity of custody operations: Custody operations are complex to initiate, requiring high degrees of accuracy and reliability. As such, this is a difficult business for most brokers to approach. 

Cost and efficiency: Expanding into the custody market involves cost and technology hurdles.  

User Benefits

Process automation: The platform automates post-settlement activities and data management enabling efficient, cost-effective service delivery 

Seamless data input and output: Trade capture and corporate actions via SWIFT messaging and other integrations automate data handling and reporting. 

Transparency and reporting: The platform provides multiple views of securities and cash transaction across multiple ledger accounts 

Compliance management: Tools and configurable controls assist with compliance 

Multi-asset class coverage: Services equities, bonds, cash, money market funds, futures and options. 

Features & Capabilities

• Complete, web-based Custodial Services solution 

• Maintains a structured book of records 

• Automated trade capture, matching, validation and settlement 

• Compliance controls for sanctioned securities and other trade blocks 

• Integrates with market data sources allowing for up-to-date valuations 

• Activity dashboard to view each account, including real-time cash ladders 

• Portal for end-clients to view and manage portfolios 

Integrations:

• Trade capture: Custodial Services integrates with middle office systems for trade capture, matching, validation and settlement 
• Trade settlement: Supports SWIFT for trade settlement and data transfer to sub-custodians 

• Market data: Integrates with any pricing source to value positions 

• Corporate actions: Integrates with corporate actions data services
•  Cloud & on-prem deployment: AWS, Azure, Google Cloud

Customization & Extensibility:

• Open API connectivity for custom integrations. 

Security & Compliance:

• Enterprise-grade security with SSO, OAuth2, and JWT authentication. 

• Modular system architecture for tailored workflows. 

• End-to-end trade lifecycle auditing for transparency. 

Performance Metrics & Scalability:

• Scalable architecture to handle high trade volumes. 

Component Breakdown

• Reporting  

• Settlement (swift, manual, and matching) 

• Books and records Ledger  

• SSI and Mult custodian management 

• Account maintenance  

• Corporate Actions 

• Trade management capture and positions 

• Cash ladder 

• Exception management 

• Sanctions and blocked trades 

• Credit client intraday limits  

• 3^rd party trading (client portal) 

Event Processing Flow

1.   Custodian processes settlement and updates records. 
2. Audit trail is logged for compliance and reporting.