| NAB Asset Servicing | ||
| Profile | ||
| Profile | National Australia Bank (the National) provides custody and related services to institutions within the Australian, New Zealand and United Kingdom markets. We operate as National Custodian Services in Australia and New Zealand, based in Melbourne and Auckland. In the UK, we operate under the name of Clydesdale Bank PLC, Custodian Services, based in Glasgow. The National is the largest Australian custodian bank, and has been providing settlement and custody services to domestic and international institutions covering all classes of securities since 1950. Since 1986, the National has achieved 'Top Rated' status in Australia and New Zealand by the highly respected industry magazine, Global Custodian, a feat achieved by only 12 banks worldwide. This survey rates the performance of domestic custodian banks worldwide in areas of safekeeping, settlement, client reporting, ancillary services, technology, commitment and account administration. This consistency demonstrates the National's dedication and commitment to providing a high quality of customer service. Our aim is to deliver exceptional client service through our people and our technology. | |
| Services offered | ||
| Services offered | Our services have evolved to provide our clients with a total offering of tailored financial solutions. The evolution of these services has been described below: Sub Custody: For international clients seeking custody services in Australia since 1950. Securities Lending: The National introduced this service to Australian clients in 1972. Global Custody: Introduced in 1975 for Australian clients investing in foreign markets. Master Custody: Developed in 1988 to provide Australian institutions with more detailed and comprehensive reporting over their domestic and foreign investments. New Zealand Custody: Established in 1988 to provide settlement and custodian services to the growing New Zealand market. Fund Administration Services: The National introduced this service in 1997 for Fund Managers seeking back office administration. Foreign Exchange Services: Introduced in 1999 to provide our clients with direct access to professional market pricing and treasury services. | |