Top-Rated Sub-Custodian Banks in the Asia-Pacific Region for the Year 2025
Standard Chartered, a leading bank in the Asia-Pacific region, continues to innovate and expand its services to better serve its clients.
The bank's operations in South Korea are supported by an FX API solution, which streamlines documentation for FX trading. This technology-driven approach is part of Standard Chartered's commitment to delivering efficient and effective services.
Standard Chartered prides itself on providing sound market guidance to help clients navigate the complexities of the industry. The bank's client-engagement strategy is built on high levels of service, efficient client onboarding, effective account management, and tailored offerings.
The bank's extensive footprint in the region spans 13 countries, including Taiwan, where it became the first to comply with new Qualified Foreign Institutional Investor requirements, earning collateral custodian approval from the Taiwan exchange.
In Hong Kong, Standard Chartered expanded its trustee services, while in Malaysia, it expanded its transfer-agent services through ViTAL, a blockchain-based asset management service.
Standard Chartered's services cater to institutional investors, offering a wide range of asset classes. The bank's success in the region has been significant, with strong growth in assets under custody achieved through existing clients and new mandates in these markets.
In South Korea, Standard Chartered launched RFI Agent Services to support offshore financial institutions in the interbank foreign exchange (FX) market. Enhancements to the bank's system serving the Chinese market are now integrated with the country's system infrastructure for automated reconciliation, payment, and settlement of exchange-traded fund (ETF) investments.
Standard Chartered's AccessFintech message-delivery channel has also resulted in a significant reduction in client inquiries in South Korea.
Under the leadership of CEO Bill Winters, Standard Chartered has become one of the most successful banks in the Asia-Pacific region in recent years. The bank is the first and only foreign bank to be appointed as an Islamic securities settlement bank by Bursa Malaysia, and it successfully advocated the elimination of prefunding requirements for foreign investors transacting in equities in Vietnam.
Standard Chartered is a Registered Foreign Institution (RFI) in South Korea, further solidifying its position in the region. The bank is the regional winner in Malaysia, Pakistan, the Philippines, Singapore, Sri Lanka, Taiwan, and Vietnam.
In conclusion, Standard Chartered continues to innovate and expand its services in the Asia-Pacific region, aiming to provide the best possible experience for its clients. With its commitment to technology, efficient service, and sound market guidance, Standard Chartered remains a key player in the region's financial landscape.
