Custody Services
Awarded
The competition has ended and a winner has been selected.
- Deadline
- Oct 4, 2020Expired
- Award
- Price 50%
Brief
VER is acquiring custody service that includes securities trade settlement and safekeeping, tasks related to corporate actions, income collection, possible proxy voting outside Finland, tasks related to tax withholding reclaims and possible additional services related to the service that could be acquired at a later stage (‘Service’). The securities in scope of the service consist of fixed income investments, direct equity investments, exchange traded funds and REIT investments or other such investments. In addition, the service provider must have the ability to include other instrument types in the Service as they may be added to VER’s portfolio in the future. The service shall be implemented in close cooperation with VER and VER’s back office. The service shall be carried out as straight through process compatible with the current portfolio management and payment systems.
Bank- og finansformidlingstjenester
Result
- J.P. Morgan Bank Luxembourg S.A., Helsingin sivuliikeWinner
- 9Number of bids
- €400,000Contract value
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Award Criteria
Description
Quality
Source
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Source
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Previous winners
Who are you up against?
The suppliers who have won similar contracts at Valtion Eläkerahasto
From the notice
VER is acquiring custody service that includes securities trade settlement and safekeeping, tasks related to corporate actions, income collection, possible proxy voting outside Finland, tasks related to tax withholding reclaims and possible additional services related to the service that could be acquired at a later stage (‘Service’). The securities in scope of the service consist of fixed income investments, direct equity investments, exchange traded funds and REIT investments or other such investments. In addition, the service provider must have the ability to include other instrument types in the Service as they may be added to VER’s portfolio in the future. The service shall be implemented in close cooperation with VER and VER’s back office. The service shall be carried out as straight through process compatible with the current portfolio management and payment systems.
Contact
Tiina TarmaVER-kilpailutus@ver.fi- ResultType
- 66162000Main codeCustody services
- 66110000Banking services66120000Investment banking services and related services66130000Brokerage and related securities and commodities services66160000Trust and custody services66172000Financial transaction processing and clearing-house services