Nippon Custody Bank, Inc. (formerly known as Nippon Trustee Services Trust Bank, Inc.)

Custody Bank of Japan , Ltd. is a Japanese bank and is a trust bank specializing in asset management operations, which mainly involves the storage and management of securities. Its head office is located in Harumi, Chuo-ku, Tokyo, and provides a wide range of asset management services to domestic and international financial institutions and institutional investors.

overview

Japan Custody Bank is a specialized asset management bank established through the management integration of Resona Bank, Japan Trustee Services Trust Bank (JTSB) affiliated with Sumitomo Mitsui Trust Holdings, and Asset Management Services Trust Bank (TCSB) affiliated with Mizuho Financial Group. The Master Trust Bank of Japan exists in the same industry.

History

• October 1, 2018 (Heisei 30) – JTC Holdings Co., Ltd. was established through joint stock transfer between Japan Trustee Services Trust Bank and Asset Management Services Trust Bank.
• July 27, 2020 (Reiwa 2) – Japan Trustee Services Trust Bank merged with Asset Management Services Trust Bank and JTC Holdings, and was established as Nippon Custody Bank, Inc.
• July 7, 2022 (Reiwa 4) - From February 20, 2023, it has been announced that some head office functions (human resources, general affairs, etc.) will be relocated to the NTT Credo Okayama Building in Kita-ku, Okayama City, Okayama Prefecture.

Business content

Japan Custody Bank specializes in asset management operations both domestically and internationally, and provides the following services:

Investment Trust Fund Management

It manages all the asset management affairs entrusted to you by the investment trust contracting company and performs the following duties:

• Calculating the standard price of investment trusts
• Reporting of fund contents
• Fund acceptance, cancellation and redemption procedures
• Financial Results

Pension assets, etc. Fund management

He is responsible for managing pension assets and carries out the following duties.

• B/S/P/L management of funds (per contract)
• Cash flow management and fund content report
• Trust Fees Administration and Principal Management

Domestic Securities Management

Performs various management duties related to domestic securities.

• Domestic securities agreements, dividends, principal and interest management
• Management of derivative trading such as futures and options
• Stock lending and report trading management

Foreign Securities Management

We carry out management work on foreign securities and provide information in response to the special and variability of each market.

• Foreign securities agreements and rights preservation affairs
• Reconciling securities and capital balances

Domestic and international custody business

He is delegated to manage domestic and international securities and performs the following duties:

• Securities storage and trading settlement agency
• Representative receipt of interest and dividends
• Shareholder benefits management affairs

Life insurance asset management work

Provides asset management services for life insurance companies.

• Settlement and management of domestic and international securities and derivative transactions
• Creation of asset valuation and accounting journal entries
• Shareholder meetings and benefits management

Asset management company's middle-back administrative duties

Consigned to post-trade operations for asset management companies.

• Middle office operations (commitment processing, collation, management, etc.)
• Back office operations (accounting, standard price calculation, financial statement processing, etc.)
• Disclose operations (prospectus and operational reports preparation, etc.)

Collateral management for over-the-counter derivative transactions

Provides collateral management for over-the-counter derivative transactions.

• Aggregated profit and loss and calculation of collateral amount
• Negotiation of collateral amount adjustment and collateral interest comparison
• Comparing data with business partners

Other duties

• Securities Lending
• Account management institutional services, etc.
• Consignment of business for financial institutions