Global Custody and Clearing Services

Ross McGill and Naren Patel bring complementary credentials — regulatory compliance consulting and decades of securities industry client services — to this thorough overview of how global custody and clearing actually works. Published by Palgrave Macmillan in their Finance and Capital Markets series, the book covers industry origins, operational best practices, technology, and the regulatory pressures shaping custodians, depositories, and investors. For professionals entering or working within the custody world, it is a credible single-volume orientation. The caveat is that the regulatory and technological landscape has shifted considerably since 2008 — readers will want to supplement with current guidance. This is niche, dense, and written for specialists; it has no value for a general audience, but within that narrow readership it is well regarded and solidly sourced.