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Insurance brokerage company fund custody

Fund custody business refers to a business in which a commercial bank with certain qualifications acts as a custodian, signs an entrusted fund custody contract with the client in accordance with relevant laws and regulations, safely keeps the entrusted investment funds, and performs the relevant duties of the custodian.

There are many types of bank custody services, including securities investment fund custody, entrusted fund custody, social security fund custody, enterprise annuity custody, trust fund custody, rural social security fund custody, basic pension insurance personal account fund custody, supplementary medical insurance fund custody, collection

Branch account custody, QFII (Qualified Foreign Institutional Investor) custody, valuables custody, etc.

Fund custody business is a business that accepts entrustment from customers, safely keeps customer funds, performs supervisory duties, and provides investment management-related services.

Commercial banks have a wide range of custody services, mainly including: safe custody of entrusted funds; fund clearing and securities delivery under the name of entrusted funds; supervision of the investment operations of entrusted funds; timely reporting of the investment operations and related matters of entrusted funds to relevant departments and the client

information; maintain accounting records of the funds, liabilities and investments of the entrusted funds; conduct valuations of securities held by the entrusted funds in accordance with relevant requirements; analyze the investment operations of the entrusted funds objectively and fairly, and provide relevant analysis to the client

Information; other business related to entrusted fund custody.

For the entrusted fund custody business, the entrusting party takes into account both the profitability and safety of the investment, and can enjoy the financial services provided by the custodian. At the same time, because the custodian is responsible for the outgoing and liquidation of funds, it can effectively avoid the process of entrusted financial management.

Therefore, the entrusted fund custody business of commercial banks has broad market development prospects.