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Home → Glossary → Custodian

Glossary
Custodian

A financial institution that holds customers' securities for safekeeping to prevent them from being lost or stolen.
Custodian News
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Clear Markets and N3XT bring US dollar custody to Collateralizer network

N3XT has joined Clear Markets’ Collateralizer network as a custodian for US dollar deposits, which the firms report allows for 24/7 transactions
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Zodia Custody receives FRSA approval for digital securities

The Financial Services Regulatory Authority has expanded existing financial services permission held by Zodia Custody’s Abu Dhabi Global Market subsidiary to include custody of digital securities
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Standard Chartered appointed LMAX Group’s digital asset custodian

The appointment expands the firms’ partnership to include digital asset custody in Luxembourg and DIFC
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Al Rajhi Capital appoints HSBC Saudi Arabia as custodian

Serving as custodian to the Al Rajhi MSCI Saudi Arabia ETF, the firm says it will continue to drive ETF innovation and connectivity between Asia and the Middle East
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Spotex and BitGo partner to expand custody and prime brokerage access

The partnership seeks to offer eligible clients a more secure and capital-efficient way of accessing digital asset liquidity through the Spotex institutional electronic communication network
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BNP Paribas to continue serving CNPR as its depositary bank

Through this mandate, BNP Paribas’ Securities Services business provides CNPR with custodian banking services and securities services for total assets of approximately €2.5 billion, for additional five years
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TCS BaNCS integrates Zodia Solutions platform

The integration of Zodia Solutions with the TCS BaNCS platform will provide banks with underlying custody and settlement infrastructure within their own environment
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Standard Chartered makes new appointments in Europe

Margaret Harwood-Jones has been appointed as CEO for Europe and UK and Jörg Hessenmüller as CEO for SCB AG