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Securities Services - a definition of what Securities Services entails is presented on this page.
Definition: Securities Services - what do they involve?
Securities Services comprises the processing of securities trades, the protection of financial assets and the servicing of the associated
portfolios. In more detail, this entails the services of effecting settlement of securities trades (that is, completion of a transaction,
wherein the seller transfers securities or financial instruments to the buyer and the buyer transfers money to the seller) and providing
safekeeping of the assets on behalf of clients. Securities Services also includes: collection of income arising from the portfolios
(dividends and interest payable); application of entitlements to reduced rates of withholding tax at source and reclaiming withheld
taxes after-the-fact; and dealing with corporate actions (such as bonus issues, rights issues and takeovers). A wide range of additional
services fall under the umbrella term of Securities Services. Follow the final link below, and click through to the Service Matrix, for
comparative analysis of the offerings of leading Securities Services.
Definition: Securities Services providers - who are they?
Securities Services are provided by several banks and non-bank financial institutions. These range from major "money center" banks,
through mid-tier banks and extend to a handful of specialist providers whose focus is exclusively asset servicing or asset servicing and
asset management. For the names, and a profile of each provider, follow the final link below.
Key links:
Securities Services definition
Back to Securities Services directory listings, rankings, surveys, ratings page
Visit the industry utility, Global Custody .net (free-to-access, registration optional).
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