Global Custodian Summer 2017 | Page 87

Industry’s finest honoured at Leaders in Custody awards Thomas Zeeb, Justin Chapman and many others awarded for their contribution to the industry over the past year, as SIX, Euroclear and BNP Paribas are all multi-award winners. G lobal Custodian recognised the Leaders in Custody during our awards ceremony at London’s prestigious Savoy Hotel in March. In addition to the array of award winners listed over the page, Thomas Zeeb, CEO of SIX Securities Services, was recognised for his long-stand- ing commitment to the industry with a lifetime achievement award. We also named our first ever Indus- try Person of the Year, decided by a live vote held throughout the day. An astonishing 8,000 votes were cast in a matter of 12 hours, and in a very close race, Justin Chapman, global head of market advocacy & innovation re- search at Northern Trust, took away the honour at the end of the night. Global Custodian held two panel discussions prior to the awards where major industry changes were covered. In the first, experts concluded that the completion of the ECB’s TARGET2-Se- curities (T2S) project will act as a ‘cata- lyst’ for other changes in post-trade Eu- rope. This was following the completion of wave four of the project in February. “We adopted the T2S strategy about four years ago with the potential of a harmonised market with single bank access and to unbundle the services we buy as a global custodian,” said Northern Trust’s Chapman, our In- dustry Person of the Year winner. “Now we view T2S as a catalyst and a stepping stone for wider post- trade changes and in the next 18-24 months, people will be looking at how they can leverage T2S and in- crease their efficiencies through it.” Fellow panellist Graham Ray, glob- al head of investor