The mission of the Custodian Forum is to provide common approaches to identifying and resolving custodian bank issues, and to recommend and implement solutions with other ISITC and industry participants with the ultimate goal of achieving STP. We interact with the other constituency forums to educate institutions on the issues impacting global custodians and to achieve the most effective solutions to commonly acknowledged goals.
ISITC is comprised of various firms and thousands of individual practitioners spanning across the entire global securities industry which includes broker/dealers, custodians, investment managers, and vendors/utilities. In addition to working together within Working Groups and at various industry events, each firm type is able to interact and connect with other ISITC members from similar companies to discuss best practices and topics of interest within their particular business area.