Global Custodian is pleased to announce the shortlists for its annual Leaders in Custody awards being held in London at The Savoy on 15 May 2025, including survey-related honours and Editors’ Choice categories.
The evening will once again recognise the achievements of the global securities services industry, with awards celebrating global custodians, sub-custodians, technology providers and market infrastructure providers across a range of categories. 
As always, the celebrations will honour top performers from Global Custodian’s Agent Banks in Major, Emerging and Frontier Markets surveys, along with Editors’ Choice awards recognising areas of innovation and achievements the research does not traditionally cover.
There is also an opportunity to nominate some of the industry’s brightest ideas for our Innovation awards categories, which you can do by clicking here.
Individual awards including our Lifetime Achievement award, GC Legends and Industry Person of the Year will be announced at a later date.
Leading the way this year with the most nominations are SIX and Standard Chartered Bank with 10 apiece, while BNP Paribas, Northern Trust and BNY are up for six. SEB, Eurobank, State Street and Intesa Sanpaolo are each nominated for five honours, while Euroclear is in contention for four awards. Deutsche Bank, JP Morgan and Clearstream feature three times in our shortlists.
There are also multiple nominations for Piraeus Bank, Mizuho Bank, Citi, DTCC, and Saphyre.
New awards this year include regional honours stemming from Global Custodian’s Agent Banks surveys, along with – in the Editors’ Choice segments – Outstanding Data Platform, Digital Asset Partnership of the Year and Asset Servicing Project – One to Watch.
We are also pleased to introduce the Asset Servicing Outstanding Achievement honour for the standout asset servicing initiative of the year covering both existing and new projects, platforms or offerings.
Should you wish to attend the awards, please contact daljit.sokhi@globalcustodian.com. For survey related awards questions contact lottie.sweeney@globalcustodian.com and for Editors’ Choice, or any editorial-related queries, contact jon.watkins@globalcustodian.com.
The full shortlist can be found below:
Agent Banks of the Year
Major Markets
Mizuho Bank
SIX
Standard Chartered Bank
Emerging Markets
BNP Paribas
Deutsche Bank
Standard Chartered Bank
Frontier Markets
Eurobank
SEB
Standard Chartered Bank
Overall
BNP Paribas
Deutsche Bank
Standard Chartered Bank
Best in Class: Global
Account Management
Intesa Sanpaolo (Italy)
SEB (Finland)
SIX (ICSD)
Asset Safety and Risk Management
Eurobank (Greece)
SEB (Finland)
SIX (ICSD)
Asset Servicing
Eurobank (Bulgaria)
PBZ (Intesa Sanpaolo) (Croatia)
SIX (ICSD)
Client Service & Relationship Management
Eurobank (Bulgaria)
Piraeus Bank (Greece)
SIX (ICSD)
Data Services
Eurobank Greece
Piraeus Bank (Greece)
SIX (ICSD)
Service Innovation
BNP Paribas (Hungary)
Intesa Sanpaolo (Italy)
SIX (ICSD)
Technology
Intesa Sanpaolo (Germany)
SEB (Sweden)
SIX (ICSD)
As Voted for by Network Managers
As Voted for by Network Managers (Major Markets)
Mizuho Bank
SIX
Standard Chartered Bank
As voted for by Network managers (Emerging Markets)
BNP Paribas
HSBC
Standard Chartered Bank
As voted for by Network managers (Frontier Markets)
Citi
SEB
Standard Chartered Bank
Regional Awards – Best Custodian in…
Central and Eastern Europe
BNP Paribas
PBZ (Intesa Sanpaolo)
Raiffeisen Bank International
Western Europe
Intesa Sanpaolo
SIX
UBS
Middle East and North Africa
National Bank of Egypt
Deutsche Bank
Standard Chartered Bank
Sub-Saharan Africa
RMB Custody
Mauritius Commercial Bank
Standard Chartered Bank
Editors’ Choice
Global Custodian of the Year
BNY
BNP Paribas
Citi
JP Morgan
Northern Trust
State Street
Deal of the Year
BNP Paribas – Flossbach von Storch
BNY – WisdomTree
Northern Trust – Nest
State Street – Swiss Government Social Security Funds
Asset Servicing Outstanding Achievement
Clearstream – D7
Northern Trust – UK Pension Fund Servicing
JP Morgan – Fusion
State Street – Alpha
Asset Servicing Partnership of the Year
BNY – AccessFintech
BNY – BlackRock
BNP Paribas – NeoXam
Saphyre – BlackRock Aladdin
Outstanding Data Platform
BBH – Infomediary Data Solutions
BNP Paribas – NeoLink
JP Morgan – Fusion
Northern Trust – Matrix
Fintech One to Watch
Chainlink
FundsDLT
HUB
Komainu
Nephelai
Fintech of the Year
AccessFintech
Digital Asset
Proxymity
Ripple
Saphyre
Securities Finance/ Collateral Initiative of the Year
BNY – CollateralOne
Broadridge – First Abu Dhabi Bank Mandate
Cboe Clear Europe – SFT Clearing
Pirum/BNY – ECPOConnect
Digital Asset/DLT initiative of the Year
Clearstream – D7
Digital Asset – Canton Network
Euroclear – Digital Securities Issuance (D-SI) service
Northern Trust – Voluntary Carbon Credit Ecosystem
Market Infrastructure Project/ Initiative of the Year
Clearstream – D7
DTCC – Digital sandbox
Euroclear’s – Digital Securities Issuance (D-SI) service
SWIFT – UTI innovation
Digital Asset Partnership of the Year
Euroclear – Digital Asset
Fireblocks – Chainlink
Standard Chartered – TP ICAP
State Street – Taurus
Asset Servicing Project – One to Watch
Chainlink – AI corporate actions initiative
DTCC- ComposerX
Euroclear – Tokenisation of gilts, Eurobonds and gold
Northern Trust – Voluntary Carbon Credit Ecosystem