As one of the nation's leading custodians, our custody services team provides domestic and global custody, real-time operating system availability, industry and client-specific data interfaces, automated cash management and straight-through securities processing. Our institutional custody clients include corporations, municipalities, foundations, non-profits, private equity firms and more.
Custom custody solutions
UMB has provided custodial services for more than 70 years so we know that one size does not fit all. Our focus is on structuring custody programs that suit your needs and help ensure a simple and seamless experience. We offer fast transaction activity with straight-through processing, robust security that can accommodate data requirements of complex holdings, cash management services to support the needs of you and your clients, as well as domestic and global transaction processing.
Straight-through securities processing
To help ensure accuracy and speed to market, our goal is to process customer trades with as little manual intervention as possible. Our custody system is enabled to receive SWIFT formatted electronic trade messages and pass them straight through to the settlement depository. We can accept trade files sent via FTP for uploading. Customers can affirm their DTC trades with their brokers and UMB can collect those affirmed trades to act as our trade advices. Customers can also send UMB trade advices via secure email, which we match to the broker confirmation to both affirm the trade and post to the custody system.
UMB is a direct member of the Depository Trust & Clearing Corporation (DTCC) and the Federal Reserve. Our safekeeping function is fully integrated so pledging and safekeeping changes are automatically updated on your bond accounting reports. Real-time online access allows quick and easy safekeeping asset management.
Online Dashboard: UMB InvestmentDirect™
UMB InvestmentDirect provides secure online access to your trust account, with reporting functionality including data export, custom account group creation, and statement view and download. You can also design free-form data queries and export data on an ad-hoc basis.
From your InvestmentDirect dashboard, clients can view portfolio allocation by asset class, percentage or dollar amount, as well as track its value over time. Additional functionality includes tax lot information and summaries, historical transaction data and a full investment overview.
We are uniquely structured to meet the needs of the national municipal and corporate marketplaces.
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