enhanced custody definition
(Pictured: Francesco Squillacioti) State Street is introducing âenhanced custodyâ to Asia Pacific following increasing demand for the service in the US and, more recently, Europe. Enhanced custody offers securities financing directly to clients, without the need for a prime broker, together with traditional asset servicing and custodial services.
Enhanced Custody. When evaluating a financing provider and the risks associated with traditional prime brokerage, it makes sense to consider alternative ways to finance your long/short portfolios. Using our global Enhanced Custody solution, you can borrow and finance securities directly with State Street within a segregated custody account. This provides a new channel for financing, while giving you greater visibility and control over your assets.