Our full custody service in Europe provides direct connections to the local CSDs in Belgium, the Netherlands, France, Germany, United Kingdom, Switzerland and internationally into Clearstream. All connections are managed from our centralised operations platform in Amsterdam, enabling us to provide custody services for these markets from one central platform, under a single legal contract. Our global custody services are based on a network of selected local custodians covering 50 markets, alongside our direct connections to the local CSDs.
Custody services in other regions are performed from our clearing platform, as mostly related to on-exchange transactions. Similar to the set up in Europe, our operations teams in US and APAC have access to the local CSD to improve processing efficiency.