Our Partners

HSBC

IAS is licensed to provide incidental custody services to clients. IAS has appointed HSBC Bank Australia Limited (HSBC) as sub-custodian of the Managed Accounts.

HSBC has been providing custody services in Australia since 1991. Service quality in Australia has been widely recognised by the Global Custodian’s Review of Agent Banks being awarded "Top Rated - Domestic" status in 2009.

As at June 20091 HSBC holds a total sub-custody market share of over 59% of the Australian assets under custody for foreign clients. In addition, HSBC processes over 32% of the total number of custody settlement transactions and is the largest SWIFT user in Australia.

1 Statistics provided by the Australian Custodial Services Association