Rosbank Depositary Recognized as Best Local Custodian in Russia
OREANDA-NEWS. February 15, 2012. Rosbank Depositary (Societe Generale Securities Services Russia) was recognized as the best local custody services provider in Russia by the results of Global Investor/ISF 2012 Sub-Custody survey, reported the press-centre of Rosbank.
The survey involves Russian and international investors, brokers/dealers, and also global custodians that are given the opportunity to evaluate their own custodian banks in four regions - Europe, America, Asia, Africa/Middle East - by 10 various criteria.
“It is a very important evaluation for us as it is made by polling our clients by several main criteria which characterize the level of provider service in a certain country. We are very grateful to our clients who mention us among the best companies providing custody services for the second year in a row”, Mikhail Bratanov, Director of Rosbank Depositary said.
*Global Investor/ISF is a monthly magazine of the Euromoney Institutional Investor PLC publishing house. It is focused on asset management, custody services and fund management.
Rosbank Depositary is a custody division of Societe Generale Securities Services (SGSS) in Russia and the largest international provider of services for mutual investment funds.
Established in 28 locations worldwide with around 4,000 employees, SGSS provides a full range of securities services that are adapted to the latest financial markets and regulatory trends: clearing services, custody and trustee services, retail custody services, liquidity management, fund administration and asset servicing, fund distribution and global issuer services.
SGSS is the 7th largest worldwide global custodian and the 2nd largest in Europe with 3,407 billion euros of assets under custody. SGSS provides custody & trustee services for 3,305 funds and the valuation of 4,367 funds, representing assets under administration of 421 billion euros. SGSS manages and calculates the current value of 35,000 “complex product” positions. SGSS also ranks among the European leaders in stock option management.