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Custody Services Global Market Report 2020-30: COVID-19 Growth and Change

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    Report

  • July 2020
  • Region: Global
  • The Business Research Company
  • ID: 5125025
Custody Services Global Market Report 2020-30: COVID-19 Growth And Change provides the strategists, marketers and senior management with the critical information they need to assess the global custody services market.







This report focuses on the custody services market which is experiencing strong growth. The report gives a guide to the custody services market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:

Where is the largest and fastest growing market for the custody services? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Custody Services market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider custody services market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The custody services market section of the report gives context. It compares the custody services market with other segments of the custody services market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, custody services indicators comparison.

Scope

Markets Covered:
1) By Service: Core custody services; Ancillary services; Core depository services; Other administrative services

Companies Mentioned: Bank of New York Mellon; Citigroup; JP Morgan Chase; State Street Bank and Trust; BNP Paribas

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Frequently Asked Questions about the Global Custody Services Market

What is the estimated value of the Global Custody Services Market?

The Global Custody Services Market was estimated to be valued at $64.27 billion in 2020.

What is the growth rate of the Global Custody Services Market?

The growth rate of the Global Custody Services Market is 8.0%, with an estimated value of $80.96 billion by 2023.

What is the forecasted size of the Global Custody Services Market?

The Global Custody Services Market is estimated to be worth $80.96 billion by 2023.

Who are the key companies in the Global Custody Services Market?

Key companies in the Global Custody Services Market include Bank of New York Mellon, Citigroup, JP Morgan Chase, State Street Bank and Trust, BNP Paribas, Northern Trust Corporation, HSBC, Societe Generale Securities Services and Caisse d'epargne investor services.

Table of Contents

1. Executive Summary2. Custody Services Market Characteristics
3. Custody Services Market Size And Growth
3.1. Global Custody Services Historic Market, 2015 - 2019, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Custody Services Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market
4. Custody Services Market Segmentation
4.1. Global Custody Services Market, Segmentation By Service, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Core custody services
  • Ancillary services
  • Core depository services
  • Other administrative services

5. Custody Services Market Regional And Country Analysis
5.1. Global Custody Services Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5.2. Global Custody Services Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
6. Asia-Pacific Custody Services Market
6.1. Asia-Pacific Custody Services Market Overview
6.2. Asia-Pacific Custody Services Market, Segmentation By Service, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
7. China Custody Services Market
7.1. China Custody Services Market Overview
7.2. China Custody Services Market, Segmentation By Service, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
8. India Custody Services Market
8.1. India Custody Services Market Overview
8.2. India Custody Services Market, Segmentation By Service, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
9. Japan Custody Services Market
9.1. Japan Custody Services Market Overview
9.2. Japan Custody Services Market, Segmentation By Service, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
10. Australia Custody Services Market
10.1. Australia Custody Services Market, Segmentation By Service, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
11. Indonesia Custody Services Market
11.1. Indonesia Custody Services Market, Segmentation By Service, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
12. South Korea Custody Services Market
12.1. South Korea Custody Services Market, Segmentation By Service, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
13. Western Europe Custody Services Market
13.1. Western Europe Custody Services Market Overview
13.2. Western Europe Custody Services Market, Segmentation By Service, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
14. UK Custody Services Market
14.1. UK Custody Services Market Overview
14.2. UK Custody Services Market, Segmentation By Service, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
15. Germany Custody Services Market
15.1. Germany Custody Services Market, Segmentation By Service, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
16. France Custody Services Market
16.3. France Custody Services Market, Segmentation By Service, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
17. Eastern Europe Custody Services Market
17.1. Eastern Europe Custody Services Market Overview
17.2. Eastern Europe Custody Services Market, Segmentation By Service, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
18. Russia Custody Services Market
18.1. Russia Custody Services Market, Segmentation By Service, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
19. North America Custody Services Market
19.1. North America Custody Services Market Overview
19.2. North America Custody Services Market, Segmentation By Service, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
20. USA Custody Services Market
20.1. USA Custody Services Market Overview
20.2. USA Custody Services Market, Segmentation By Service, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
21. South America Custody Services Market
21.1. South America Custody Services Market Overview
21.2. South America Custody Services Market, Segmentation By Service, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
22. Brazil Custody Services Market
22.1. Brazil Custody Services Market, Segmentation By Service, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
23. Middle East Custody Services Market
23.1. Middle East Custody Services Market Overview
23.2. Middle East Custody Services Market, Segmentation By Service, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
24. Africa Custody Services Market
24.1. Africa Custody Services Market Overview
24.2. Africa Custody Services Market, Segmentation By Service, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
25. Custody Services Market Competitive Landscape And Company Profiles
25.1. Custody Services Market Competitive Landscape
25.2. Custody Services Market Company Profiles
25.2.1. Bank of New York Mellon
25.2.1.1. Overview
25.2.1.2. Products and Services
25.2.1.3. Strategy
25.2.1.4. Financial Performance
25.2.2. Citigroup
25.2.2.1. Overview
25.2.2.2. Products and Services
25.2.2.3. Strategy
25.2.2.4. Financial Performance
25.2.3. JP Morgan Chase
25.2.3.1. Overview
25.2.3.2. Products and Services
25.2.3.3. Strategy
25.2.3.4. Financial Performance
25.2.4. State Street Bank and Trust
25.2.4.1. Overview
25.2.4.2. Products and Services
25.2.4.3. Strategy
25.2.4.4. Financial Performance
25.2.5. BNP Paribas
25.2.5.1. Overview
25.2.5.2. Products and Services
25.2.5.3. Strategy
25.2.5.4. Financial Performance
26. Key Mergers And Acquisitions In The Custody Services Market27. Custody Services Market Trends And Strategies28. Custody Services Market Future Outlook and Potential Analysis
29. Appendix
29.1. Abbreviations
29.2. Currencies
29.3. Research Inquiries
29.4. About the Publisher
29.5. Copyright And Disclaimer

Executive Summary

Major players in the custody services market are Bank of New York Mellon, Citigroup, JP Morgan Chase, State Street Bank and Trust, BNP Paribas, Northern Trust Corporation, HSBC, Societe Generale Securities Services, Brown Brothers Harriman & Co., and Caisse d'Epargne Investor Services.

The global custody services market is expected to decline from $66.1 billion in 2019 and to $64.27 billion in 2020 at a compound annual growth rate (CAGR) of -2.8%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and reach $80.96 billion in 2023 at a CAGR of 8.00%.

The custody services market consists of revenue generated by services provided by a custodian to investors. Custody service is broadly characterized as the safekeeping and servicing of an investor’s assets. The services rendered by a bank custodian include the transaction and settlement, safekeeping and recording of marketable assets and cash to customers. A relationship of custody is legal, and the facilities rendered for a client varies.

North America was the largest region in the custody services market in 2019. Asia-Pacific is expected to be the fastest-growing region in the forecast period.

In March 2019, Forge, a company that provides custom liquidity solutions to private companies and their employees, and offers pre-IPO opportunities to institutions and investors, acquired IRA Services, a trust company that provides custodial services for retirement accounts managed by individuals and mid-to-large sized institutions, for $55 million. By acquiring IRA Services, Forge expanded its support offerings for private market securities, and more importantly, has become a one-stop-shop for private market investors who will no longer have to transfer shares acquired with Forge to external custodial trust.

The custody services market covered in this report is segmented by service into core custody services; ancillary services; core depository services; other administrative services.

The increasing competition is a key factor hampering the growth of the custody services market. The market for custody services is highly competitive with numerous banks that provide custody services in addition to other banking services, on a global, regional, or local scale. The price competition, especially, is causing enormous pressure on the banks in the global market. Many custodians find it challenging to keep up with high volumes and offer competitive prices. Traditional players in securities services such as multinational custodians, local custodians and specialists in fund management are experiencing increasing competition from Central Securities Depositories (CSD), Central Counterparty Clearing Houses (CCP), and outsourced service providers. Fund services professionals are increasing competitiveness by considerably building new and aimed offers. Therefore, increasing competition from various areas is expected to hinder the growth of the custody services market.

Automation and standardization is a key factor driving the growth of the custody services market. The custody services industry is focusing on using technology to improve efficiency. The automation and standardization of core custody services and operations result in higher visibility, enhanced productivity due to operational efficiency, and cost reductions for customers, improve quality of service, and allow the custodian to react quickly to future needs. Due to the automation and standardization of custody services, in the coming years, the asset-centric model is expected to be augmented by a more data-centric, open platform method where the custodian will have access to a variety of available services. For instance, an automated reporting system provides daily reports of exceptions, securities available for loan, securities on loan, valuation of cash collateral, daily mark-to-market information, and margin calls. Therefore, such automation and standardization features are expected to drive the growth of the custody services market.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Bank of New York Mellon
  • Citigroup
  • JP Morgan Chase
  • State Street Bank and Trust
  • BNP Paribas
  • Northern Trust Corporation
  • HSBC
  • Societe Generale Securities Services
  • Brown Brothers Harriman & Co.
  • Caisse d'epargne investor services
  • RBC Dexia Investor Services
  • Society Generale
  • Axis Bank Ltd
  • DBS Bank Ltd
  • Deutsche Bank A.G.
  • Edelweiss Custodial Services Ltd.
  • HDFC Bank Ltd.
  • Hong Kong & Shanghai Banking Corporation Ltd.
  • ICICI Bank Ltd.
  • Infrastructure Leasing & Financial Services Ltd.
  • Kotak Mahindra Bank
  • Orbis Financial Corporation Ltd
  • Standard Chartered Bank
  • State Bank of India
  • Stock Holding Corporation of India Ltd.
  • SHRTLSBI-SG GLOBAL SECURITIES SERVICES LTD.
  • Yes Bank LTD

Methodology

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