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State Street and Deutsche Bank earn Custody Risk recognition

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TWO local firms have won awards for being the best in their fields in the Channel Islands at the Custody Risk European Awards for 2012

Deutsche Bank was named custodian of the year and State Street took two titles – fund administrator of the year and property fund administrator of the year.

Now in their ninth year, the Custody Risk European Awards are organised by the Incisive Media Group and are recognised as one of the most prestigious awards in the securities servicing industry.

The awards ceremony, which aims to identify the best companies in custody, fund administration and technology across Europe, was held at the Royal Garden Hotel in London.

The Custody Risk magazine award winners are selected by a highly experienced independent judging panel.

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