Global Custodian, Securities Service and Transaction Banking

🌟 Unlock the World of Global Custodian, Securities Service & Transaction Banking with ICMI Learning! 🚀

Course Title:

Global Custodian, Securities Service and Transaction Banking

Course Headline:

🎓 Learn Custodian Banking and Start a Career in Securities Services and Transaction Banking

Course Description:

What is a Custodian? 🏦

A custodian is a financial service firm that provides safekeeping of financial assets, such as stocks, bonds, and other securities for entities like mutual funds, Asset Management Companies (AMCs), hedge funds, and private equity firms. The role of custodians has been critical to the smooth functioning of financial markets by safeguarding assets and providing a range of services beyond mere storage.

The Essence of Custodians: 🔒

In a rapidly evolving global economy, custody services have expanded significantly to encompass more than just the safekeeping of physical certificates. With the advent of digital assets like cryptocurrencies and the growing complexity of financial instruments, custodian banks play a pivotal role in handling these new forms of intangible wealth. Since their inception in the early days of American colonies, custodians have been instrumental in the development and stability of global finance.

The global custody services market is on an upward trajectory, expected to reach $49.10 billion by 2025, growing at an 8.8% CAGR from 2020. As populations age, particularly in developed countries like the USA, the demand for custodians to manage funds and provide securities services is set to increase substantially.

Top Banks & Companies Seeking Proficient Candidates: 🌐

A career in this field is promising with leading financial institutions actively seeking candidates with a solid understanding of securities services, including:

• BNY Mellon
• State Street
• JP Morgan
• Citi Bank
• Northern Trust
• Morgan Stanley

Analytics & Tech Companies: 📊

• Genpact
• Tiger Analytics
• Accenture
• TESCO
• Capgemini
• Standard Chartered

Course Curriculum Overview:

This comprehensive course covers a wide array of topics, providing a deep dive into the intricacies of the securities services industry:

1. 🕰️ History and Beginnings of Custodians - Understanding the evolution of custodial services from its inception to today.
2. Role of Custodians - Exploring the various roles and responsibilities within the custodial landscape.
3. Transaction Participants - Identifying all parties involved in a financial transaction, including issuers, investors, broker-dealers, and institutional participants.
4. Selection of Sub-Custodian - Learning the process of selecting an efficient sub-custodian.
5. Differences Between Custodians & Depositories - Understanding the nuances between these two pivotal financial entities.
6. Core Securities Services - Delving into key services such as safekeeping, record-keeping (Omnibus and segregated accounts), asset servicing, and reporting.
7. Transaction Processing & Settlement - Grasping the complexities of DvP (Delivery versus Payment) and FxP (Free of Payment).
8. Banking Services - Learning about the banking services provided to enhance liquidity management.
9. Ancillary Services - Examining additional services that support the securities lifecycle.
10. Agency Securities Lending Services - Exploring the motivation behind securities lending and its mechanics.
11. Foreign Exchange Services - Understanding the automated FX, passive currency overlay, and direct FX trading.
12. Other Administration Services - Covering fund accounting, transfer agency services, collateral processing, and outsourcing options.

Embark on a journey to master the complexities of global custodian, securities service, and transaction banking with ICMI Learning's expertly crafted course curriculum. Whether you're an aspiring professional or an industry veteran looking to deepen your knowledge, this course offers the tools and insights needed to excel in this dynamic field. 🎓🌟

Enroll now and take the first step towards a rewarding career in financial services with ICMI Learning! 🚀💼