Informe_Anual_Cecabank_2016_ENG

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2012 2013 2014 2015 2016
+217%
Securities Services
In its 2013-2016 Strategic Plan Cecabank set out its goal to become a leader
in Securities Services on the Spanish market. This goal was achieved in 2015
and has been consolidated in 2016.
Cecabank is a benchmark provider of post-trading securities services for more
than 60 financial institutions, including banks, securities companies, collec-
tive investment institutions and pension fund management companies, insu-
rance companies, and public institutions.
Cecabank covers the entire Securities Services value chain, providing trading,
clearing, settlement, and custody/depositary services for all types of assets
on over 50 markets across the world.
Cecabank has taken
the lead position on
the depositary market
and has succeeded in
consolidating itself as
an outstanding player
on the Securities
Services market.
1. Fund depositary
Depositary services for collective investment institutions (funds and SICAVs)
and pension funds (personal, partner, and occupational pension schemes).
Our service is AENOR UNE - IN ISO 9001 certified for quality, renewed in 2015.
Activity during the year
In 2016, the total value of assets deposited in Cecabank exceeded 98 billion
euros, due as much to the increase in assets from collective investment and
pension fund institutions already deposited, as to the incorporation of new
management companies as depositary customers.
2016 Main milestones
MAIN
FIGURES
December 2016
Cecabank is the leading
independent Spanish
depositary for investment
and pension funds.
ASSETS UNDER CUSTODY
IN EXCESS OF
98,000
million euros
March 2016
Liberbank Gestión manages funds marketed by Liberbank which to date
were managed by Renta 4 Gestora, and entrusts Cecabank to be deposi-
tary of 25 funds with accumulated assets of above 1.7 billion euros.
April 2016
Cecabank is the designated depository company for 5 employee pensions
funds managed by Unicorp and Caser Pensiones, with accumulated assets
of 545 million euros.
29 pension funds and one EPSV managed by Abanca Vida y Pensiones
transferred, bringing assets to 1.04 billion euros.
June 2016
Cecabank collaborates on the process of mobilising plans assigned to pen-
sion funds managed by Barclays Vida y Pensiones in favour of funds ma-
naged by Vidacaixa and deposited in Cecabank.
Furthermore, AEGON designates Cecabank as depository for 2 pension
funds with accumulated assets of 4 million euros.
October 2016
13 SICAVs incorporated with assets of 65 million euros, managed by
Ibercaja Gestión.
DISTRIBUTED IN
1,111
CIIs-PFs
MANAGED BY
23
companies
Cecabank 2016 Annual Report Page 63
05 OUR BUSINESS MODEL
5.1
5.2