When it comes to custody, you want to rely on the market leader. Our parent company, BNY Mellon is the world's largest custodian and Pershing is committed to the safekeeping, servicing, segregation and reporting of our global client assets.
We offer a choice of a non-disclosed or a fully disclosed solution. With a non-disclosed solution, Pershing is not disclosed to your client and you use your own name and balance sheet to support transactions, with associated capital and liquidity requirements. With a fully disclosed solution, Pershing is disclosed to your client as the custodian of their assets. Under a fully disclosed solution, trade and settlement risk, related regulatory obligations, capital and asset liquidity requirements and custody, transfer from you to Pershing. Pershing also takes responsibility for custody operations (such as dividend entitlement and corporate event notification) and regulatory reporting.
Pershing's Fully Disclosed Solution
In addition to our custody service in the UK, we also offer offshore custody through Pershing (Channel Islands) Limited. If you need custody in Europe outside the UK, we can provide it through Pershing Securities International Limited in Dublin.