Opinion & Analysis

FX Transaction Monitoring

Custodian banks provide a number of services to their pension fund and asset management clients in addition to the safekeeping of assets. One such service, which has accrued significant controversy in recent years, has been the execution of FX transactions. Execution of FX transactions has historically been a lucrative business line for custodian banks, many of whom are now struggling to protect their revenue sources in the current economic environment.