Custody Services

Established in Moscow in 1996 as a business line of Rosbank, Societe Generale Securities Services (SGSS) Russia & CIS provides award-winning custody and related services and offers a “one-stop” securities services shop in Russia servicing all types of financial instruments for both Russian and international investors.

SGSS Russia combines extensive Russian securities market experience of Rosbank and advanced global custody offer from Societe Generale Group.

  • Flexible account structures
    Foreign Nominee Holder, Foreign Authorised Holder and Owner type of custody accounts
  • Diverse settlement capabilities
    OTC free of payment and delivery/receipt versus payment (DVP/RVP) settlement in RUB, USD and other currencies; on-exchange transactions settlement
  • Advanced processing platforms
    Full Straight Through Processing (STP) settlement flow and real-time reporting; SWIFT ISO15022 and ISO20022 support; on-line client web tools with instruction and reporting capabilities
  • Asset servicing
    Corporate actions coverage, income distribution support, electronic voting and shareholders meeting attendance, governance services
  • Tax agent status
    Relief at source, quick refund and tax reclaim
  • Cash management
    RUB overdraft facility; standing instructions
  • Market oversight
    Regularly updated service guides and market Newsflashes

The clients of SGSS Russia can also benefit from the integrated solution of direct market access (DMA) to the Moscow Exchange trading floor, investment banking services, RUB clearing, foreign exchange (FX) as well as other products and services delivered by the Societe Generale Group in Russia.

SGSS Russia also offers a range of tailored Escrow solutions to facilitate M&A activities and major participation-guaranteed settlements:

  • SGSS Russia acts as a guarantor for each party of the transaction
  • Wide currency options and governing law for local and international clients
  • Flexible settlement timelines and fee schedule
  • Highly experienced, dedicated client managers
  • Wide range of capabilities from simple to the complex transaction

For local financial institutions and corporate SGSS Russia provides custody and settlement with foreign securities through international clearing and settlement depositories Euroclear Bank S.A./N.V. and Clearstream Banking S.A. including:

  • All types of transactions: Free of payment, delivery/receipt versus payment; access to Euroclear/Clearstream clearing services
  • Corporate actions and income distribution support

Head of Sales & Relationship Management

Alexander Grischenko

Best Local Custodian

Best Local Custodian

Best Local Custodian

According to the Global Investor/ISF, the Euromoney Institutional Investor PLC magazine (awarded in 2010-2015, 2017-2018)

Best Sub-Custodian Bank

Best Sub-Custodian Bank

Best Sub-Custodian Bank

Country winner by Global Finance magazine (awarded in 2013-2019)

Top-rated

Top-rated

Top-rated

“Global Outperformer and Market Outperformer” by the Global Custodian magazine (awarded in 2009-2015, 2017)

ISAE 3402 certified

ISAE 3402 certified

ISAE 3402 certified

SGSS Russia holds an ISAE 3402 type II certification for custody services

SWIFT Participant

SWIFT Participant

SWIFT Participant

Active member of Russian National Association of SWIFT Participants

Industry engagement

Industry engagement

Industry engagement

SGSS Russia management holds membership in National Securities Depository (local CSD) and Moscow Exchange (MOEX) Supervisory Boards and Committees

Highest reliability group AAA

Highest reliability group AAA

Highest reliability group AAA

According to reliability rating of the Professional Association of Registrars, Transfer Agents and Depositories

NFA Participant

NFA Participant

NFA Participant

Participant of the Self-Regulatory Organisation National Finance Association