Custody services | Tenderlake

Custody services

Contract Value:
-
Notice Type:
Contract Notice
Published Date:
17 October 2019
Closing Date:
29 November 2019
Location(s):
FI SUOMI / FINLAND (FI Finland/SUOMI / FINLAND)
Description:
Custody services

VER is acquiring custody service that includes securities trade settlement and safekeeping, tasks related to corporate actions, income collection, possible proxy voting outside Finland, tasks related to tax withholding reclaims and possible additional services related to the service that could be acquired at a later stage (‘Service’). The securities in scope of the Service consist of fixed income investments, direct equity investments, exchange traded funds and REIT investments or other such investments. In addition, the service provider must have the ability to include other instrument types in the Service as they may be added to VER’s portfolio in the future. The service shall be implemented in close cooperation with VER and VER’s back office. The service shall be carried out as straight through process compatible with the current portfolio management and payment systems.

The more detailed description of the service is presented in Attachment 1. Attachment 2 includes information on holdings of VER on 31.12.2018, which are in the scope of the service. Attachment 1 Section 4 includes information of transactions during the last 3 years.

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The Buyer:
Valtion Eläkerahasto
CPV Code(s):
66110000 - Banking services
66120000 - Investment banking services and related services
66130000 - Brokerage and related securities and commodities services
66160000 - Trust and custody services
66162000 - Custody services
66172000 - Financial transaction processing and clearing-house services