[ C O N T E N T S
C O N T. ]
REGULARS
6 Inside view | Jonathan Watkins
10 News and people moves
14 Updates
56 GC Legend | Sanjiv Sawhney, Citi
94 Global custodian rankings
NEWS REVIEW
20 After cyber-attacks on payments,
there’s no reason why securities
won’t be next
Experts believe there is no reason why cyber
threats couldn’t spill over from payments
into the securities market. The financial
gain for a hacker targeting securities market
infrastructures could be high, while custodians
and brokers are also at risk.
MARKET REVIEW
36 Old kid, new block
Six years ago, BNP Paribas was the only top five
global custodian without a presence in the US. Since
then, it has established a New York-based operation.
How has the bank approached the challenge of
breaking in to such a mature market?
SURVEY
60 Agent banks in emerging markets
Consistent with its major market equivalent, the
2018 ABEM survey incorporates several major
changes in design and presentation.
SPONSORED CONTENT
40 Can old operating models cope with
new technologies?
Alternative investment managers are having to
weigh up the costs of carrying out an overhaul of
their internal technology to meet current regulatory
and investor demands, or to outsource instead.
4
Global Custodian
Winter 2018