SEB's Fors: T2S threatens custody offerings

Custody conundrums


Stockholm-headquartered SEB continues to be faithful to its model of being truly Nordic, but the international nature of its business is reflected in its presence in some 20 countries worldwide. Serving more than 4 million customers, it has around 16,500 employees. 

Over the past year, SEB has developed standard custody agreements across all four Nordic markets, revised reporting to make it consistent with one format and assimilated asset-servicing deadlines using the most aggressive ones as the