Scaling in Custody Banking with External Asset Managers

Interfaces to the software solutions of external asset managers (eVV) are essential in custody banking. Through integration, the eVV gains an overall view of the assets under management and can manage them efficiently. The scope and data quality of such interfaces are however very heterogeneous. A mix of different technologies and file formats is also used. This results in substantial manual effort for all parties in the triangle of custodian bank, eVV and software provider.

Custody business with eVVs is mainly based on scale effects. To benefit from these, a modern interface offering from banks is now a must. More and more Swiss custodian banks are using the OpenWealth standard, which covers new use cases such as trading and client management specifically for eVVs. Outdated technologies can be replaced with forward-looking, API-based setups. Data quality improves, leading to lower support effort. In addition, many manual processes in the cooperation between eVV and custodian bank can be automated.

We understand the eVV business, common interface solutions and the eVV software provider market. We help you navigate the jungle of technologies and standards. We offer business analysis, implementation capacity and testing from a single source. Security and governance requirements are considered from the start to ensure a sustainable interface architecture.

We would be glad to show you the possibilities of the new generation of eVV interfaces in person. Do not hesitate to contact us.