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SS&C’s Bill Stone takes home Lifetime Achievement award,
as Pershing, Trident Trust, Ultimus, Digital Asset,
BNP Paribas and Morgan Stanley all win big.
S
S&C Technologies’ chairman and
CEO Bill Stone was handed the
Lifetime Achievement award at
Global Custodian’s Industry Leaders
event last night, during an evening
where the best in the fund adminis-
tration, prime brokerage and custody
industry were recognised.
Among the multiple-award winners
were Pershing, Trident Trust, Ultimus
Fund Solutions, BNP Paribas, Digital
Asset and Morgan Stanley.
Stone’s Lifetime Achievement awards
recognised the significant impact he
has had on the fund administration
industry.
In his 30-plus year career, Bill Stone
has taken a company he founded in
the basement of his Connecticut home
and turned it into the fund admin
behemoth it is today. In this year alone,
Stone has led some of the biggest
acquisitions in the industry including
the $5.4 billion takeover of DST Sys-
tems and the $1.45 billion deal for Eze
Software.
The dinner saw awards handed to the
top prime brokers and fund adminis-
trators that have excelled over the year
in the GC McLagan surveys.
BNY Mellon’s Pershing was awarded
Prime Broker of the Year and also took
home the award for best Prime Broker-
age Operations, while Morgan Stanley
was recognised for both Capital Intro-
duction and Technology.
Ultimus Fund Solutions won three
Mutual Fund Administration (MFA)
awards, which included MFA of the
Year, and Trident Trust won two for
best Hedge Fund Administration
(HFA) Client Service and overall HFA
of the Year.
The dinner saw the inclusion of
several new awards, including Global
Custodian of the Year which State
Street took home, and Outstanding
Fund Services Technology which was
awarded to Northern Trust.
Global Custodian also recognised
a number of innovations throughout
the year that had made waves in terms
of technological development in the
securities services and asset servicing
industry. Digital Asset was awarded for
Innovation in Market Infrastructure
Technology, Libra for Innovation in
Digital Asset Post-Trade Technology,
and SmartStream for Innovation in
Collateral Management Technology.
Opus Fund Services and Maitland
were also recognised for Innovation in
Administration Processing and Client
Experience respectively.
Morgan Stanley’s Gerry Rubin was
the latest recipient of the Industry
Legend Award for his 34-year career at
the US investment bank, giving a mov-
ing speech upon receipt. In the final
award of the night Digital Asset’s Kelly
Mathieson was voted by attendees of
the evening as the second North Amer-
ica Industry Person of the Year, follow-
ing Northern Trust’s Peter Cherecwich
in 2017. Mathieson topped an all-star
shortlist featuring representatives from
Broadridge, State Street and Northern
Trust.
Winter 2018
globalcustodian.com
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