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.
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.
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.