Home Banking & Finance EFG Hermes unveils enhanced custody and asset servicing platform

EFG Hermes unveils enhanced custody and asset servicing platform

The new platform offers coverage in more than 40 markets across MENA, sub-Saharan Africa, Southeast Asia, Europe, and North America

EFG Hermes unveils enhanced custody and asset servicing platform
EFG Hermes acts as an intermediary, facilitating custody arrangements at competitive rates with no minimum investment or charges. Image credit: T. Schneider/ Shutterstock.com

EFG Hermes, a leading investment bank in the MENA region, has introduced new custody and asset servicing arrangements designed to simplify global market access for high-net-worth individuals, family offices, and small- to mid-sized funds.

The new platform offers coverage in more than 40 markets across MENA, sub-Saharan Africa, Southeast Asia, Europe, and North America. EFG Hermes acts as an intermediary, facilitating custody arrangements at competitive rates with no minimum investment or charges.

The firm handles Know Your Customer (KYC) and due diligence, streamlining the market entry process.

“By offering seamless access to over 40 markets and handling the complexities of custodial arrangements, we empower our clients to navigate global markets easily and confidently. This service underscores our dedication to delivering comprehensive support across multiple markets and ensuring our clients have the tools and resources they need to achieve their financial goals,” said Ahmed Waly, Global Head of Brokerage of EFG Hermes.

The services cater to both existing and new EFG Hermes clients, offering a wide range of asset classes, including equities, fixed-income instruments, and listed treasury bills. The services cover a wide range of asset classes, including equities, fixed-income instruments, and listed treasury bills, ensuring that clients can confidently manage their investments across diverse markets.