Subscribe to our newsletter

Labor missed a trick with mortgages :
JP Morgan retains custody mandate

JP Morgan retains custody mandate

Killian Plastow
— 1 minute read

JP Morgan has announced the firm's reappointment as SIX Securities Services’ direct custody and clearance (DCC) provider for Australia and New Zealand.

SIX Securities Services, the national central securities depository for Swiss financial markets, has been a client of the bank’s for more than two decades, and JP Morgan head of custody and fund services Australia and New Zealand, Nadia Schiavon, said the firm is pleased with the outcome.

“With an extensive global footprint, JP Morgan’s DCC business is an important and growing offering for the firm and long-term partnerships with clients such as SIX SIS form the bedrock of our business,” she said.


SIX Securities Services’ head of markets and clients, Valerio Roncone, said the existing relationship between the two businesses was one of the drivers behind the decision, as well as their shared focus on operational efficiency.

“JP Morgan’s proven ability to deliver flexible solutions, its deep understanding of our business and the strength of relationships we have with the firm’s specialist service teams played an important role in our ultimate decision to reappoint the firm,” he said.


JP Morgan retains custody mandate
investordaily image
ID logo

related articles

  • Why the opinion polls got it so wrong

    As one of the few politically conservative journalists in a newsroom chock full of left-leaning voters, it’s comforting to know that most ...

  • Labor missed a trick with mortgages 

    EXCLUSIVE Aussie Home Loans boss James Symond has described the mortgage industry’s mammoth lobbying efforts as a “case book study” in...

  • Blue Sky in receivership

    Brisbane group Blue Sky Alternative Investments has gone into receivership following the breach of its $47.7 million loan facility from US-...

promoted stories

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.