J.P. Morgan Achieves Major Recognition at Leaders in Custody Awards 2025

J.P. Morgan's Commercial & Investment Bank has garnered significant accolades at the prestigious Leaders in Custody Awards, held annually by Global Custodian, recognizing excellence within the securities services sector. The event took place in London and Singapore, where J.P. Morgan's Securities Services business won two prominent awards, including 'Deal of the Year' for securing a $40 billion mandate from Malaysia's Employees Provident Fund (EPF), and 'Outstanding Data Platform' for its flagship data solution, Fusion.
The EPF mandate signifies a critical strategic win for J.P. Morgan, allowing the firm to manage global custody and fund services for one of Asia's largest pension funds, which oversees the retirement savings of millions of private sector workers in Malaysia. According to Tim Fitzgerald, Global Head of Securities Services at J.P. Morgan, this award underscores the firm's commitment to delivering exceptional client service and pioneering industry innovations. Fitzgerald stated, "These accolades recognize the fantastic work our Securities Services business does every day to help institutional investor clients manage their operations and data."
In addition, Hannah Elson, the global head of Custody, Liquidity and FX Services, was inducted into the Hall of Fame for her transformative leadership and contributions to the industry. With nearly 30 years at J.P. Morgan, Elson has been instrumental in elevating the firm's custody business, which has witnessed a 14% growth in assets under custody, reaching over $35 trillion by the end of 2024. Global Custodian acknowledged her efforts in mentoring and advocating for diversity and inclusion within the industry, emphasizing her role as a leader navigating complex market conditions.
The Securities Services division of J.P. Morgan has demonstrated robust performance, achieving record revenues of $5.1 billion last year. This success is attributed to a strategic focus on technology investments aimed at enhancing operational efficiency and addressing evolving client needs. Institutional investors are increasingly relying on J.P. Morgan for advanced data and analytics solutions to navigate complex markets. Troy Rohrbaugh, co-CEO of the Corporate & Investment Bank, noted, "Our technology and scale are critical to being an end-game winner in this business. The data in our Fusion platform opens up incredible potential for AI to further drive value for our clients and enhance productivity."
The recognition at the Leaders in Custody Awards reinforces J.P. Morgan's position as a leader in the securities services industry, highlighting its commitment to innovation and exceptional client service. As the landscape of institutional investing continues to evolve, J.P. Morgan remains poised to leverage its technology and expertise to meet the demands of its clients effectively, ensuring continued growth and prominence in the financial services sector.
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