Global Custodian Banking & Fund Administration Services
Published 10/2022
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz
Language: English | Size: 696.47 MB | Duration: 2h 4m
An effective International Securities Settlement & Global Custody Training Program for beginners
What you'll learn
Practical knowledge about the key concepts, systems, processes and procedures in international securities settlement and global custody services
To gain skills necessary to facilitate day-to-day transactions and communication processes between all parties involved
Steps about clearing and settlement process, the role of exchanges and clearing houses, functioning of the settlements department
Role of payments in the settlements.
Role and functioning of global custody, services provided, derivatives settlements, corporate actions and risk management
Requirements
No prior knowledge of custodian services is required. We will start from the basics.
Description
What is a custodian?A custodian in a financial market is an intermediary service firm that keeps securities for safekeeping and administers on behalf of third-party clients like mutual funds, AMCs, Hedge funds, and private equities firms. Custodial services are critical to the smooth operation of financial markets.Custody as an industry originated with investors needing to keep securities certificates in a secure location, typically a bank with large vaults. As the financial markets have become more complex, custody has evolved into a trillion-dollar industry providing a range of information, accounting, and fund administration services.Why are custodians essential?In a world where assets are rising in value and distribution, the need for a safe mechanism to handle them is becoming increasingly important. Particularly now that digital, more intangible assets like bitcoin are rising. Banks are beginning to provide custodial services to address these trends. Custodian banks have played a significant role in their expansion since the early colonies in the United States as holders of the money required to create and grow the country.According to the global custody services market analysis, the global elderly population is growing substantially and is likely to continue during the forecast period. By 2030, the population aged 65 and older in the United States is predicted to reach around 70 million, with similar trends noted in other regions of the world. This raises the demand for custodians to manage funds and provide securities services. The worldwide custody services market is predicted to increase at an 8.8% annual pace from $32.22 billion in 2020 to $49.10 billion in 2025. And a broad range of banks and finance companies require students to choose this career option. This training program is designed to give delegates detailed knowledge of various participants involved and custodian banks' services.List of top banks and companies that require candidates to have proficient knowledge about securities services:· BNY Mellon· State street· JP Morgan· Citi bank· Northern Trust· Morgan StanleyAnalytics and Tech companies· Genpact· Tiger Analytics· Accenture· TESCO· Capgemini· Standard CharteredTopics covered in the course:· The history and beginning of custodians· The role of custodians· Different participants in a transactionIssuers (Equity, debt, stock warrant, and derivatives) Investors (Retail and Institutional- Investment manager, hedge fund, investment company, and investment advisor) Broker-dealers (introducing broker, clearing broker, investment broker, and market makers) Institutional participants (Sub custodians, Central Securities depositories, and International CSDs)· Selection process of a sub-custodian· How do Custodians differ from Depositories?· Core securities services*Safekeeping and record-keeping services (Omnibus and segregated accounts)*Asset servicing (processing taxes and income, corporate actions- dividends, stock splits, reverse stock splits, M&A, spin-off, rights issues, mandatory and voluntary corporate actions, valuing securities- stock and bond valuation- Income and market methods, and reporting services).*Transaction processing and settlement (Delivery versus payment and Free of Payment) Banking services Ancillary services*Agency securities lending services (What is the need to lend securities, and how does securities lending work? What might motivate someone to borrow security? Why not just purchase it? Foreign exchange services (Automated FX, passive currency overlay, and direct forex trading) Other administration services Fund accounting and administrationTransfer agency servicesCollateral processing servicesOutsourcing services
Overview
Section 1: Introduction of Custodian banks
Lecture 1 Introduction of Custodian banks
Lecture 2 Security services
Lecture 3 The History
Lecture 4 The role of custodians
Section 2: Participants in a transaction (Introduction)
Lecture 5 Introduction of participants in a transaction
Lecture 6 1. Issuers | Equity
Lecture 7 1. II. Debt securities
Lecture 8 1. III. Stock Warrant
Lecture 9 1. IV. Derivatives
Lecture 10 2. Investors
Lecture 11 Institutional investors
Lecture 12 2.I. Investment manager
Lecture 13 2. II. Investment adviser | Investment company
Lecture 14 3. III. Hedge funds
Lecture 15 3. Broker Dealer and Types
Lecture 16 4. Institutional participants
Lecture 17 4. I. CSD, and ICSD
Lecture 18 4. II. Sub- custodians
Lecture 19 5. The selection process of a sub-custodian
Lecture 20 6. Example
Section 3: How do Custodians differ from Depositories?
Lecture 21 How do Custodians differ from Depositories?
Section 4: Types of security services
Lecture 22 Security services : types
Lecture 23 Core securities services
Lecture 24 I. Safekeeping and record-keeping services
Lecture 25 II. Asset servicing| M&A corporate actions| Understanding the corporate actions
Lecture 26 III. Services for valuing securities
Lecture 27 Valuation of securities Stock Valuation
Lecture 28 Valuation of securities Bond Valuation
Lecture 29 IV. Services for reporting
Lecture 30 V. Transactions processing and settlement
Lecture 31 Example
Lecture 32 FoP transactions
Lecture 33 VI. Banking services
Section 5: Ancillary services
Lecture 34 Ancillary services
Lecture 35 I. Agency securities lending services
Lecture 36 How does agency securities lending work
Lecture 37 What might motivate someone to borrow security
Lecture 38 II. Foreign exchange services
Lecture 39 Solutions provided by the custodians for FX trading
Section 6: Other Administration Services
Lecture 40 Other Administration Services
Lecture 41 Types of administrative services
Section 7: Summary
Lecture 42 Summary
Fresh graduates intending to make career in custodian banking. Recruits to the custody industry, operations, corporate actions, custody staff working in the banking or asset management industry, and client service representatives.
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