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RBC Dexia Investor Services
71 Queen Victoria Street, 4th Floor, London EC4V 4DE, UK
Tel: +44 (0)20 7329 6677
Country of origin: United Kingdom
Operating in Europe: RBC Dexia Investor Services established January 2006 (RBC Global Services and Dexia Fund Services present in Europe since 1986 and 1959 respectively).
Tony Johnson (London) Global Head, Sales and Relationship Management
Simon Shapland (Luxembourg) Head, Sales and Relationship Management, Europe
Business Split: Custody represents 66% of wider organisation revenues (includes shareholder services and funds custody).
Parent’s other main business lines:
• Pension administration (12%)
• Financial Institutions (14%)
• Insurance (7%)
European subcustody arrangements:
AUT Bank Austria Creditanstalt AG
BEL ING Belgium s.a.; Dexia Banque, Bruxelles
BUL UniCredit Bulbank
CRO Bank Austria Creditanstalt A.G.
CYP HSBC Bank plc
CZE UniCredit Bank Czech Republic a.s.
DEN Nordea Bank Danmark A/S; Danske Bank A/S, Copenhagen
EST AS Hansabank
FIN Svenska Handelsbanken; Nordea Bank Finland Plc
FRA RBC Dexia Investor Services Bank France
BNP Paribas S.A.
GER Deutsche Bank/Bankhaus Metzler Frankfurt
GRE HSBC Bank Plc Greece
HUN UniCredit Bank Hungary Zrt.
ISL Glitnir Banki hf.
IRL RBC Dexia Investor Services Trust
Citco Bank Nederland NV, Dublin Branch
Bank of Ireland Securities Services
ITA RBC Dexia Investor Services Bank; Banca Popolare Italiana
BNP Paribas S.A.; Capitalia
Intesa Sanpaolo S.p.A.; Rasbank
LAT AS Hansabank
LTU AS Hansabank
LUX ING Belgium s.a.; Dexia BIL; Banque Centrale du Luxembourg
NED KAS BANK
NOR DnBNOR ASA
POL Polska Kasa Opieki S.A.; HSBC Bank Polska SA
POR BNP Paribas Securities Services
ROM UniCredit Tiriac Bank S.A.
SVK UniCredit Bank Slovakia a.s.
SLO Bank Austria Creditanstalt A.G.
SPA RBC Dexia Investor Services España; Santander Investment S.A.
SWE Skandinaviska Enskilda Banken; Svenska Handelsbanken
SWI AIG Private Bank Zürich; Bank Julius Baer; Credit Suisse; Postfinance
UK RBC Dexia Investor Services Trust; Deutsche Bank A.G.; BNY Mellon; HSBC Bank Plc
Domestic markets that are strategically important in the near future
RBC Dexia has both an offshore and onshore strategy. With respect to offshore markets, Luxembourg and Dublin are key manufacturing centres while UK, Germany, Italy and Switzerland are our most important markets. Our most important onshore markets are UK, France and Spain.
Services offered in addition to Custody
• Securities lending
• Equity finance
• Cash management
• Collateral management
• Tax reclamation
• Performance attribution
• Proxy voting
• Compliance monitoring
• Fund admin services
• Transfer agency
• Distribution support
• Transition management
• Others: FX
Products/services showing the greatest increase in demand in past twelve months:
As institutional investment managers seek to generate alpha, they are pursuing alternative asset strategies, as well as outsourcing back and middle office functions. Clients are continuing to demand more risk-adjusted potential through securities lending as well as the addition of complex and multi-asset trading strategies, 130/30 funds and OTC derivatives.
Products and services for development over the next twelve months:
RBC Dexia is continuing to develop solutions that address the growing convergence of traditional and alternative asset classes in institutional portfolios, including analytics and extending to middle-office and back-office reporting capabilities. In addition, we are enhancing our core platforms and services.
©2008 Funds Europe