Custody and Trade Execution North America*

FundBank is an industry-leading institutional banking provider, delivering trusted custody and trade execution solutions designed for asset managers and investment funds operating across North America. Our custody and trade execution services are designed to protect client assets, reduce counterparty exposure, and support the operational and regulatory obligations faced by modern fund managers.

By combining independent custody, transparent execution, and technology-enabled oversight, we help investment managers maintain control, clarity, and confidence across their portfolios.

Who we serve

Our services are purpose-built for institutional fund structures with complex asset, governance, and reporting requirements. We provide custody and trade execution services for:

  • hedge funds looking to transfer their fully paid long positions away from their prime broker
  • private equity funds receiving private or listed securities from a realisation
  • credit funds looking to safekeep loan documents.

Streamlined custody and trade execution services

The FundBank online Client Portal provides an enhanced user experience. Not only does our Client Portal centralise custody reporting, asset visibility, and execution workflows, it also helps reduce manual processes and operational risk. By enabling secure access for managers and administrators, FundBank supports efficient collaboration, faster reconciliation, and improved transparency across fund operations.

We provide a best-in-class approach to custody and trade execution for investment managers, their managed funds and fund administrators, allowing them more time to focus on what they do best.

Custody services

We partner with global, top-tier financial institutions to offer clients ‘best-in-class’ counterparty exposure. Our services are structured to ensure assets are held independently, segregated appropriately, and subject to ongoing oversight. This approach supports institutional governance standards while providing clients with flexibility across asset classes and markets.

With access to a wide range of major markets, FundBank provides our clients with a consolidated global custody solution.

Global custody

Our Global Custody solution provides comprehensive safekeeping and oversight of securities and other assets, ensuring seamless operation across different markets. This enables fund managers to maintain a unified view of assets while operating across domestic and international markets.

Asset safekeeping

FundBank offers secure storage and protection of non-book entry financial assets, including securities and loan documents. This service is essential for safeguarding client assets against loss, theft, or damage, ensuring their integrity and availability when needed.

Income processing

Our income processing service ensures accurate and timely crediting of investment returns to client accounts. This includes the collection, validation, and posting of income events such as interest and dividends, supporting accurate fund accounting and reporting.

Corporate actions

Our corporate actions services are designed to accommodate the complexities of mergers, stock splits, and dividend payouts. Both mandatory and voluntary corporate actions are supported, with timely notifications and processing carried out in line with client instructions.

Proxy voting

We execute voting rights with precision as instructed by our clients. This service supports fund governance by ensuring voting instructions are processed accurately and within required timeframes, with clear records maintained for oversight purposes.

Settlement

We oversee the efficient and timely execution of securities transactions, including the transfer of securities and payment processing. This ensures the smooth completion of trades and minimising operational risks.


Trade execution support

In support of our custody client’s, we provide customised trade execution services based in North America. Our trade execution services can be tailored to individual strategies and operational preferences and, where required, fully integrated with custody workflows for a streamlined operating model. FundBank does no proprietary trading and always works for its clients on an agency basis. We execute orders at our client’s instruction or can be engaged for outsource trade execution. This agency-only approach ensures alignment with client interests and removes conflicts associated with proprietary trading.

Why choose FundBank

As a banking institution operating exclusively in the asset management space, FundBank has extensive custody and trade execution solutions that meet the needs of its fund clients operating in North America. In a world where security is paramount, FundBank is able to mitigate risk by using comprehensive systems and controls, developed to exceed industry best practices. Our approach to client acceptance is risk-based and with our technology approach to onboarding and due diligence, we are able to onboard clients swiftly and accurately.

Extensive industry expertise
We have an unparalleled understanding of the funds industry, and we are pleased to call many of the largest global fund managers our clients.
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Innovative technology
Our risk systems and our banking technology are created based on the feedback received from managers and administrators and are a testament to our understanding of their business and fund structures.
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Top-tier security
FundBank provides the solutions of a top-tier financial institution, with client assets segregated from the assets of FundBank, minimising our client’s counterparty exposure.
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To find out more about our institutional banking solutions, please reach out to your usual FundBank representative, or contact us below.

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Frequently asked questions

How does FundBank differ from a prime broker or traditional custodian?
FundBank provides independent custody and agency-only trade execution, rather than a bundled prime brokerage model. FundBank does not engage in proprietary trading or provide financing, which helps reduce conflicts of interest and counterparty risk. This structure is particularly valuable for managers seeking to separate asset safekeeping and oversight from financing relationships.
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Is FundBank suitable for complex or non-standard fund structures?
Yes. FundBank supports a range of fund structures, including hedge funds, private equity funds, and credit strategies holding listed securities, private securities, or non-book entry assets such as loan documentation. This makes FundBank particularly well suited to managers with complex portfolios, cross-border assets, or operational requirements that extend beyond traditional custody models.
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How are client assets protected and segregated?
Client assets held through FundBank are segregated from FundBank’s own assets and are not used for proprietary purposes. Custody arrangements are designed to ensure independent safekeeping, clear ownership records, and robust oversight, supporting investor protection and institutional governance requirements.
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* services provided by FundBank N.A. regulated by the OCC
Full-suite of institutional banking services from FundBank.

Streamlined and efficient systems

Our technology, our understanding of the industry and our people facilitate and expedite the onboarding process, relieving our clients from multiple asks for more information, delays and repeated explanations.

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