Trust and custody services

CPC v2.1 Code: 7154

About trust and custody services

cpc code 7154 covers the trust and custody services industry, which plays a vital role in the broader financial ecosystem. This industry is responsible for the safekeeping and management of assets on behalf of individuals, businesses, and institutions. By providing secure and reliable custody services, this industry helps to facilitate the smooth flow of capital and investment activities that are essential for economic growth and development.

Production process

The key production techniques in the trust and custody services industry involve the implementation of robust security protocols, advanced record-keeping systems, and efficient transaction processing. Professionals in this industry utilize specialized software and technology to ensure the integrity and confidentiality of the assets under their care. They also employ rigorous risk management practices to mitigate potential threats and ensure the continuous availability of services.

Production inputs

The main inputs required for the trust and custody services industry include highly skilled and experienced personnel, such as financial analysts, compliance officers, and information technology specialists. Additionally, this industry relies on secure data storage and communication infrastructure, as well as a comprehensive regulatory framework to govern its operations. The industry also requires access to a wide range of financial instruments and investment products to meet the diverse needs of its clients.

Production outputs

The primary output of the trust and custody services industry is the provision of secure and reliable asset management and safekeeping services. These services are consumed by a wide range of clients, including 6211 Investment banking, 5231 Securities and commodity contracts intermediation and brokerage, and 5239 Other financial investment activities. By ensuring the proper custody and administration of financial assets, this industry supports the efficient functioning of capital markets and enables the flow of investment capital to productive economic activities.

Family tree for trust and custody services

    graph LR
    A["<a href='/classifications/cpc/v2-1/7'>7: Financial and related services; real estate services; and rental and leasing services</a>"]
A --> B["<a href='/classifications/cpc/v2-1/71'>71: Financial and related services</a>"]
B --> C["<a href='/classifications/cpc/v2-1/715'>715: Services auxiliary to financial services other than to insurance and pensions</a>"]
C --> D["<a href='/classifications/cpc/v2-1/7154'>7154: Trust and custody services</a>"]

    C --> E["<a href='/classifications/cpc/v2-1/7151'>7151: Services related to investment banking</a>"]
C --> F["<a href='/classifications/cpc/v2-1/7152'>7152: Brokerage and related securities and commodities services</a>"]
C --> G["<a href='/classifications/cpc/v2-1/7153'>7153: Portfolio management services except pension funds</a>"]
C --> H["<a href='/classifications/cpc/v2-1/7155'>7155: Services related to the administration of financial markets</a>"]
C --> I["<a href='/classifications/cpc/v2-1/7159'>7159: Other services auxiliary to financial services</a>"]

    D --> J["<a href='/classifications/cpc/v2-1/71541'>71541: Trust services</a>"]
D --> K["<a href='/classifications/cpc/v2-1/71542'>71542: Custody services</a>"]


    %% Color coordination by level

    classDef level1 color:#000,fill:#a8f9ff,stroke:#333,stroke-width:2px
    classDef level2 color:#000,fill:#e0a458,stroke:#333,stroke-width:1px
    classDef level3 color:#000,fill:#419d78,stroke:#333,stroke-width:1px
    classDef level4 color:#000,fill:#c04abc,stroke:#333,stroke-width:1px
    classDef level5 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
    classDef level6 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
    classDef highlight color:#000,fill:#fff,stroke:#000,stroke-width:5px



  %% Apply classes
  class A level1
class B level2
class C level3
class D level4
class E level4
class F level4
class G level4
class H level4
class I level4
class J level5
class K level5

  class D highlight

  %% class A level1
  %% class B,C level2
  %% class D,E,F,G,H,I level2
  %% class J,K,L,M,N,O,P level3
  %% class D highlight