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 structuresForeign Nominee Holder, Foreign Authorised Holder and Owner type of custody accounts
- Diverse settlement capabilitiesOTC free of payment and delivery/receipt versus payment (DVP/RVP) settlement in RUB, USD and other currencies; on-exchange transactions settlement
- Advanced processing platformsFull 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 servicingCorporate actions coverage, income distribution support, electronic voting and shareholders meeting attendance, governance services
- Tax agent statusRelief at source, quick refund and tax reclaim
- Cash managementRUB overdraft facility; standing instructions
- Market oversightRegularly 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.
- Escrow solutions
- Local clients
- Contacts
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
