Results for tag: "Asset Servicing"

Asset servicing is a banking service that involves the safekeeping and administration of financial assets on behalf of institutional investors, such as pension funds, mutual funds, and insurance companies. It includes a range of activities, such as the collection of income, the payment of dividends, the processing of corporate actions, and the reconciliation of securities positions. Asset servicing also involves the management of collateral, the provision of liquidity services, and the settlement of securities transactions. Asset servicing is a critical component of the global financial system, providing a range of services that enable institutional investors to manage their portfolios efficiently and securely. It is a highly competitive market, with a number of large banks and specialist providers offering a range of services. Some of the major players in the asset servicing market include Bank of New York Mellon, JPMorgan Chase, State Street Corporation, Northern Trust, UBS, Citigroup, and Deutsche Bank. Show Less Read more