Treasury & Securities Services
From Wikipedia, the free encyclopedia
Treasury & Securities Services ("TSS") is provides transaction, investment and information services for chief financial officers, treasurers, issuers and investors worldwide. TSS operates through two divisions.
[edit] Treasury Services
TS moves, concentrates and invests client money, and provides trade finance and logistics solutions. The business ranks first in United States currency clearing, processing an average of $3.2 trillion in wire transfers daily.
[edit] Worldwide Securities Services
WSS safeguards, values, clears and services securities and portfolios for investors and broker-dealers; it provides trustee and agent services; and is a leading manager of American Depositary Receipt programs. WSS is the world’s largest global custodian, with $11.2 trillion in total assets under custody and $6.8 trillion of trust securities under administration.