CUSTODIAL SERVICES - BASIC OVERVIEW
This program is aimed at demystifying the two major financial market participants and their day to operations through a process flow diagram. Also, few examples will be taken-up to compare the local player vs global player to understand the chinese wall in latter’s operation.
DETAILS OF TOPICS COVERED
Settlement concepts – Cash & Securities
Clearing, Settlement and custodian’s role in trade life cycle
Introduction to SWIFT & message types used by custodian
Global Custodian – Roles & chinese wall
Asset Services
Reconciliation
