September 2008

CUSTODY 2008: JP Morgan View from the Top

jackson.jpgFrancis Jackson

managing director,
business development executive
JP Morgan Worldwide Securities Services

The challenges facing custodians over the
past year reflect those facing the funds industry as a whole – demands by
investors for higher returns and the resulting use of sophisticated investment
instruments, regulatory and compliance pressures, changing technology options,
outsourcing solutions, and the need for real-time reporting – these have all
brought, and continue to bring, challenges to the asset servicing
industry. 

We expect that this rate of change will
only increase in the future. To continue to service the fund industry, custodians must offer
a fully integrated and comprehensive range of fund services, across all asset
classes across the globe, providing clients with expert solutions and seamless
execution.