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[ S U R V E Y | A G E N T B A N K S I N M A J O R M A R K E T S ]
Countries Ranked by Overall Average
Japan
6.39
ICSD
6.06
Korea
5.81
Switzerland
5.68
Singapore
5.66
Canada
5.58
Hong Kong
5.57
Germany
5.49
Belgium
5.48
Spain
5.47
Italy
5.47
Average
5.44
Denmark
5.42
Finland
5.40
Sweden
5.38
Norway
5.37
Netherlands
5.34
France
5.34
USA
5.31
New Zealand
5.30
Luxembourg
5.19
Portugal
5.18
Australia
5.16
UK
5.15
Ireland
5.11
Austria
5.11
Israel
5.01
Methodology Methodology The Global Custodian Agent Bank Surveys are designed to elicit the views and perceptions of cross-border investors about the posttrade services they receive in markets around the world .
They have been conducted annually since 1989 . The Agent Banks in Major Markets ( ABMM ) Survey focuses primarily on those markets categorised as developed by MSCI and S & P . We invite network managers and operations executives from leading global custodians , correspondent banks , brokers , infrastructure providers and asset managers to evaluate the performance of their agent banks .
The response pool is drawn from two sources . Those respondents who completed the survey in the previous year are invited to do so again , while service providers in the markets concerned are invited either to submit client lists for invitation or to approach those clients themselves . Service providers are given controlled access to a back-end system to allow them to validate that the ratings they have received come from bona fide clients . Any responses submitted by institutions that were not clients of the rated provider in the 12 months under review are removed . At the end of the collection process , Global Custodian does its own check to filter out duplicates . Completed online , the questionnaire included 13 service categories . A scorecard allowed respondents to rate each category on a sevenpoint scale from Unacceptable to Excellent . All subsequent questions were optional , allowing for supportive comment to explain rating decisions .
A minimum of 10 responses was required for a country rating to be published and eight responses for an individual provider rating . Responses to the rating questions were converted by the survey system into numbers and weighted . Service providers were also invited to complete a short questionnaire , aimed at allowing us to better understand market and provider changes that might impact results . Based on the data collected , more granular analyses than we are able to publish in the magazine are available . For more information on our Research Plus range of analysis products , please contact beenish . hussain @ globalcustodian . com .
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