At Valsen, we offer fund custodial services. The core functions of custody services is settlement, safekeeping and reporting. It is what happens after the decision to buy or sell securities has been taken by the client or client’s agent. This process involves settlement for trades carried out on funds, where we are the custodians.
In the case of a registered security, we receive the documents of title from the issuer, keep in safe custody and maintain a record. Thereafter we monitor any declarations regarding entitlements and the eventual payment.