Future of Securities Services 2023 Working Group
This Working Group is now closed.
Purpose
The 2020 FSS Paper made predictions about how the Securities Services would change in the next 5-10 years. There is a need to validate whether the predictions have occurred, are visible, or are still on the horizon, and whether different forces and themes have over taken the original predictions.
This review will allow us to assess the current and future direction of Securities Services and allow the members to validate their assumptions and change if necessary.
Scope
- To identify the evidence (or otherwise) for the themes being seen
- Analyse the impacts of new themes
- Revise the paper to incorporate the necessary changes.
Key Deliverables
- Create a comprehensive document setting out the Future of Securities Services over the next 5 -10 years.
- Educate the industry through webinars and conferences on the outcomes.
Key Outcomes
Reports
Future of Securities Services Report September 2024 >link
Videos
- Vicky Kyproglou, Head of Network and Market Infrastructure Management UBS, Objectives of this revision of ‘ISSA’s Future of Securities Services paper 2024–2030’.
- Caroline Butler, Global Head of Digital Assets, BNY, ‘Expansion into new asset classes’.
- Phil Brown, CEO of Clearstream Banking SA, ‘Increased Adoption of New Technologies’.
- Paul Maley, Global Head of Securities Services, Regional Head of Corporate Bank (Americas), Deutsche Bank, ‘Custody in the Cloud’.
- Johnna Powell, Managing Director of Technology and Innovation of DTCC, ‘AI Applications in Capital Markets and Securities Services’.
- Graham Ray, Global Head of Financial Intermediaries of BNP Paribas, ‘Client Relationships and Partnerships’.
- Vivek Ramgopal, President – BFSI Products & Platforms of Tata Consultancy Services, ‘The Future of Market Infrastructures’.
Working Group Co-Chairs
- Mathew Kathayanat, Deutsche Bank AG
- Colin Parry, ISSA
Executive Sponsor
- Vicky Kyproglou, UBS
Institutions represented by Experts in the Working Group
- Archax Holding Ltd.
- Banque Lombard Odier & Cie SA
- BNP Paribas S.A.
- Central Securities Depository Joint-Stock Company Kazakhstan
- Chongwa (Macao) Financial Asset Exchange Co. Ltd.
- Citi
- Cognizant
- Deutsche Bank AG
- Deutsche Börse Group
- Digital Asset Holdings, LLC
- FMDQ Group PLC
- Intesa Sanpaolo S.p.A.
- JP Morgan Chase & Co.
- Nasdaq Inc.
- Northern Trust Corporation
- Rand Merchant Bank – Custody Services
- Royal Bank of Canada
- S&P Global / IHS Markit
- SEB Group
- Strate (Pty) Ltd
- Swiss Re Ltd
- Tata Group
- The Standard Bank of South Africa
- UBS Group AG
- UniCredit S.p.A.