[CONTENTS]

6 Global Custodian Winter 2021

REGULARS 03 Editorial welcome | Jonathan Watkins

06 News

08 News round-up and people moves

10 Updates

46 What to expect in 2022: Predictions for the New Year

78 GC 2021 Industry Leaders

Awards Winners

82 Final Thoughts | If T+1

settlement is the wired solution, netted T+0 is Wi-Fi

IN DEPTH 24 What a difference a day makes Settlement compression is the talk of the town with the US, Canada and India moving to T+1, but the industry faces challenges in these respective journeys, while many are questioning whether – through the use of new technologies – we should be going even further.

28 A history of difference Since the early days of global custody, Citi has followed a different path to service provision, leveraging its extensive global network. With the evolution of the industry to a more expansive securities services framework, how has Citi confronted the challenges that its peers have faced? Is its model still a differentiator? The vision and execution of Citi’s securities services strategy has been led since 2014 by Okan Pekin, global head of securities services. Global Custodian put those questions to him and Matthew Bax, global head of custody, Citi.