The Custody Services Global Market Report 2021-30 by The Business Research Company describes and explains the global custody services market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
The Custody Services Global Market Opportunities And Strategies Report covers custody services market drivers, custody services market trends, custody services market segments, custody services market growth rate, custody services market major players, and custody services market size.
View Complete Report:
https://www.thebusinessresearchcompany.com/report/custody-services-market
The custody services market report focuses particularly on identifying the trends, opportunities, and strategies that can lead to success. O&S reports are available off the shelf and can be delivered to clients on the day of purchase.
Custody Services Global Market Opportunities And Strategies Report is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
Request For The Sample Now:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3215&type=smp
Trends in the market include:
Implementation Of Blockchain Technology-
Companies in the global custody services market are increasingly using block chain technology for better security and operational efficiency. Block chain is a technology which involves the implementation of a distributed database that is accessible to all the users over a network, where each user can add a new data record (block), with a timestamp that cannot be altered. The block chain technology maintains the authentication of data by restricting changes in the older data blocks while allowing the users to continue adding new data blocks, thus, providing high security and transparency to companies operating in the custody services market. As per the Pricewaterhousecoopers (PwC) report, by 2020, 77% of financial organizations including custody services plan to integrate block chain into their operations.
Investments In Distributed Ledger Technology-
Custody service companies are increasingly investing in distributed ledger technology which helps in shorter settlement cycles and cost reduction. The distributed ledger technology is a digital system for recording the transaction of assets in which the transactions and their details are recorded in multiple places at the same time. Unlike traditional databases, distributed ledgers have no central data store or administration functionality. Depending on their role, each participant in the value chain will have access to the relevant information on a real-time basis. Companies such as IBM, R3 and Ethereum offer blockchain linked distributed ledger technology to custody service companies to enable faster adoption of this technology.
The market is segmented:
By Type -
- a) Equity
- b) Fixed Income
- c) Alternative Assets and Others
About The Business Research Company:
The Business Research Company is a market intelligence firm that excels in company, market, and consumer research. Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology. It has offices in the UK, the US and India and a network of trained researchers in 20+ countries globally.
Contact Information:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company
Follow us on Twitter: https://twitter.com/tbrc_info
Check out our Blog: http://blog.tbrc.info/
