Definition: A financial institution responsible for safeguarding assets and facilitating settlements, cash movements, and corporate actions on behalf of investment funds and asset managers.
Example: Custodian banks are typically large, well-known, reputable firms that enable asset managers and other buy-side firms to manage and protect client assets securely and transparently.
Explore IVP Cash Management
The IVP Cash Management Solution ensures full connectivity to custodians. This buy-side platform centralizes and automates cash settlements, balance monitoring, and payment workflows across banks, funds, and counterparties. By replacing manual processes with configurable, straight-through automation, it gives firms real-time visibility, stronger controls, and greater confidence in every cash movement.
