Award decision in the procurement of Global Custody Services

Following an extensive tendering and evaluation process where the candidates have been assessed in terms of delivering services with high quality, a high degree of straight through processing as well as competitive pricing, Första AP-fonden has, subject to contract, decided to appoint J.P. Morgan Chase Bank N.A. as its sole provider of global custodian services. The services include CLS, Compliance Monitoring, Trade Matching and Fund Accounting.  

Första AP-fonden has thereby concluded the search for global custody and related services TED 146870-2010, 201030:BAO which was announced on 20th May 2010.