Scotland has been a centre of the asset servicing industry since the early 1980s. Asset servicing is now a major driver of employment growth in Scotland.
Asset servicing companies in Scotland deliver a range of services including custody, securities servicing, investment accounting, performance measurement, trustee and depositary services, treasury services, shareholder services and compliance.
Key facts
- There are nearly 4,000 employees in the asset servicing sector in Scotland.
- International organisations with Scottish operations include Bank of New York Mellon, BNP Paribas Securities Services, Citi, State Street JP Morgan and Morgan Stanley.