Société Générale Securities Services (SGSS) has received seven major ratings from Global Custodian magazine in its 2009 'Agent Banks in Major Markets' Survey, including 'Domestic Top Rated' in Greece, South Africa and Spain.
The seven ratings are as follows:
- 'Domestic Top Rated' and 'Cross Border Commended' in Greece (4th consecutive year)
- 'Domestic Top Rated' and 'Cross-Border Commended' in South Africa (6th consecutive year and the only 'Top Rated' institution in South Africa for this category)
- 'Domestic Commended' and 'Cross-Border Commended' in Italy (2nd consecutive year for the cross-border non affiliated category)
- 'Domestic Top Rated' in Spain
This annual survey measures how the quality of clearing and settlement and asset-servicing duties provided by the bank are perceived by its clients, made up of banks, broker/dealers, fund managers and others based in a jurisdiction other than the agent bank they are rating, so-called 'leading clients'; a select group of respondents and third-party clients based in the same market as the agent bank they are rating.
*Global Custodian is the leading magazine covering the international securities services business. The magazine is published 6 times a year and has a global readership.
