KAS BANK wins award European Pension Fund Custodian of the Year

We are proud to announce that we received the award European Pension Fund Custodian of the Year at the annual European Custody Risk Awards ceremony in London last night.

Open our KAS BANK NewsFlash Custodian of the Year (PDF in new window).

The European Custody Risk Awards are an initiative of Custody Risk, a European magazine for risk managers in the financial industry. An independent panel of financial specialists judged the nominations and decided on the winners. In the assessment of the nominees, the judgment panel studied among others how they assisted their pension fund custodial clients in facing the biggest market challenge in the past 12 months and how they addressed new regulation impacting pension funds and custodians. They also judged the way counterparty risk is managed and how risk management is executed by the custodian.

The judges’ panel “praised KAS BANK for its solid recognition for their interesting technology development as the first to offer transparency in stock price and FX. This custodian itself says clients are demanding greater transparency and it has responded with a cost transparency module in its dashboard functionality which can be accessed via mobile devices”.
KAS BANK Custodian of the Year

The award was received by Brendon Bambury, Director of KAS BANK UK. In his speech, Brendon commented that “we are pleased and honoured to receive this award from the judges for its commitment, expertise and innovation in servicing our pension fund clients and the challenges that they face in this complex financial landscape.”

In 2012 KAS BANK was awarded two Custody Risk awards as well for ‘Technology Innovation of the Year’ and ‘Custodian of the Year – The Netherlands’.

For more information on the European Pension Fund Custodian of the Year Award, please contact:

Brendon Bambury
E: brendon.bambury@kasbank.com     
T: + 44 207 153 3652