In the last few years, Securities Services providers have experienced three major trends which have significantly changed the face of the business :
- Concentration process, reducing the number of players while increasing the amount of assets under custody/administration and finally creating a strong leadership by a tiny number of top-tier providers
- Enrichment of services and products offer, leading to a global switch from “custodian” to “securities services” as a brand for the business lines. This trend also reflects the increasing importance of investment manager as a key client segment, with larger requirement in terms of services.
- Globalization: issues on management agenda are no longer addressed at a domestic but at least at a regional zone level. No big player in Securities Services can expect to survive very long without building strong position in at least one regional area.
We believe that those trends will remain the key drivers for market evolution in the coming years. Globalization process is not finished yet: time and money spent on the T2S program show how high is the stake for building a seamless pan-european infrastructure. Consequently strong investment will be required for players eager to stay in the market, finally leading to new merger or lift-out deals.
At EUROGROUP CONSULTING, we are experienced in dealing with those trends. We have fully demonstrated experience in building cross-border business solutions from early feasibility study down to implementation. We are also able to provide with innovative and business oriented solutions to address some hot topics, like building the relevant cross border customer relationship organization, managing risks in a post Madoff and post Lehman world or reviewing consistency within pricing model.
