Magazine Issues»September 2008

hänseler.jpgStephan Hänseler
executive director, head of sales & relationship management, global custody institutional clients

Next to the increased complexity in the banking business due to changes in regulations (account segregation, tax etc), we are also facing an increase in clients’ demand regarding investment reporting. In the sector of private and institutional services, there is a clear increase in professionalism. Thus...

hooley.jpgJay Hooley
president and chief operating
State Street

Rising regulatory scrutiny and the
related cost of compliance that face the financial services industry have had a
dramatic impact on business as well as the steps financial services providers
must take to provide institutional investors with the transparency they need.

Every day, the duties regulatory agencies require of financial...

fors.jpgGöran Fors

global head of custody

Custody has during the last year seen an
extreme growth in the number of markets our clients invest into, as well as the
complexity of these markets. The changing of asset classes has also been
challenging due to the increase in demand for reporting capabilities.

In the future we will see a number of
challlenges driven by the introduction of MTFs and the fragmentation of