Information Mosaic Highlights New Approach to Managing Sub-Custodian Risk at Global Custody Forum 2010

LONDON and NEW YORK, Nov. 30, 2010 /PRNewswire/ -- Information Mosaic, a provider of post-trade automation solutions, will be speaking on sub-custodian risk at the 10th annual Global Custody Forum, held in London from 30th November to 1st December. As central securities depositories (CSDs) continue to encroach on traditional custodian territory, and with risk a bigger factor for all financial firms, custodians must utilise their unique position at the heart of transactions and provide customers with increased visibility into assets under management. On day two of the event, CEO John Byrne will highlight 'New perspectives in managing and monitoring sub-custodian risk,' starting a dialogue around a new approach to the sub-custodian business model and how custodians can ensure their role remains not just relevant, but critical to the market.

Pressure from a shifting regulatory regime and market efficiency initiatives such as Target2Securities and Link Up Markets are seeing business opportunities shrink, putting sub-custodians under increasing pressure to add value to an increasingly commoditised industry. To counter this, custodians must use their unique insight into complex investor relationships to offer a differentiated service. Investors and regulators are looking for maximum disclosure on all custodial activity, with systems supporting wider risk mitigation practices and compliancy efforts. Regulations such as Basel III are still evolving and the importance of clarity on the value of investments will become even more critical as firms look to demonstrate compliance as well as reassure investors, providing the perfect opportunity for custodians to develop a differentiated service and stand out from the competition.

In his keynote discussion at 11:50am on 1st December, John will outline how sub-custodians can use their unique position at the heart of investment relationships to monitor risk, develop new customer-centric offerings and help restore investor confidence. Extending their remit beyond that of a transactional factory, sub-custodians can carve a niche as a value-added information business, adding a layer of user-friendly analysis tools and improving communications throughout the value chain in order to avoid being side-lined by larger organisations with greater economies of scale.

The Global Custody Forum 2010 brings together leading players from the buy- and sell-side from over 20 countries to discuss issues such as risk mitigation, challenges to the current custodian business model, and what value-added service options there are. To find out more, please visit http://www.icbi-events.com/globalcustodyforum/default.php.

Note to editors: John Byrne will be available for interviews prior to and at the event. Please contact Nicola Garvin at the details below.

About Information Mosaic

Information Mosaic is the trusted global provider of advanced post-trade automation solutions to the securities and investment services industry, including custody, asset servicing, private wealth management, asset management and investment banking. The company is a recognized market leader for corporate actions automation, winning multiple awards for best corporate actions solution and achieving record scores in independent benchmark tests.

Founded in 1997, Information Mosaic currently supports the post-trade operations of over 60 financial institutions worldwide. The company has a proven track record of helping financial institutions transform post-trade operations, enabling them to enter new markets, improve customer service and reduce the risk and cost associated with volume and complex processing. Information Mosaic's breakless post-trade automation platform removes reconciliation points and therefore reduces risk and cost for all core post-trade services including corporate actions, securities settlement, trade, portfolio and cash management.

The company supports its global customer base from offices in Dublin, Kuala Lumpur, London, Luxembourg, New Delhi, Singapore, Melbourne and New York.

For more information visit: www.informationmosaic.com

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SOURCE Information Mosaic