What is Custody Services?
Custody Services are same as asset services offered by banks to its clients, which basically offer safekeeping, settlement and reporting of customers' marketable securities and cash. This can allow clients to lend their securities or assets by loaning them to specified borrowers on a short term basis. The type of custody services include equity, fixed income, alternative assets and others. Geographically, North America emerges as the biggest market of the custody services market.
The market study is broken down by Type (Equity, Fixed Income, Alternative Assets and Others), by Application (Core Custody Services, Ancillary Services, Core Depository Services and Others) and major geographies with country level break-up.
Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
HSBC (China), BNP Paribas S.A. (France), JPMorgan Chase & Co. (United States), Citigroup Inc. (United States), DBS Bank Ltd. (United Kingdom), Deutsche Bank A.G. (Germany), Brown Brothers Harriman & Co. (United States), Northern Trust Corporation (United States), RBC Investor & Treasury Services (United Kingdom) and Standard Chartered Plc (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Société Générale S.A. (France), UBS Group AG (Switzerland) and Axis Bank Ltd. (India).
AdvanceMarketAnalytics has segmented the market of Global Custody Services market by Type, Application and Region.
On the basis of geography, the market of Custody Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Organisation Size, the sub-segment i.e. SMEs will boost the Custody Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In 2021, JPMorgan Chase & Co., an American multinational investment bank and financial services holding company has announced acquisition of OpenInvest, which is an ESG based startup. The OpenInvest platform allows clients to highly personalized, dynamic, values-based portfolios which are ESG specific. This acquisition will allow JPMorgan to better aid its clients in understanding their environmental, social, and governance impact of their portfolios.
- Core Custody Services Account for the Largest Market Share
- Growing Adoption of Automation and Standardization
- Rising Popularity and Trust in Vast Variety of Banking Services
- Asia Pacific Region has Huge Prospect due to Rising Wealth in the Region
- Increase in Competition among the Players
Key Target AudienceCustody Services Providers, New Entrants/Investors, Venture Capitalists and Private Equity Firms and End-Use Industries
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as HSBC (China), BNP Paribas S.A. (France), JPMorgan Chase & Co. (United States), Citigroup Inc. (United States), DBS Bank Ltd. (United Kingdom), Deutsche Bank A.G. (Germany), Brown Brothers Harriman & Co. (United States), Northern Trust Corporation (United States), RBC Investor & Treasury Services (United Kingdom) and Standard Chartered Plc (United Kingdom) etc.
2. Can we have customized study for Custody Services Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Custody Services Market by 2026?
Analysts at AMA estimates Custody Services Market to reach USD Million by 2026.