Access Bank Botswana has officially launched its latest innovation: digital Custody Services. Geared towards pension funds, asset managers, corporates and insurers, the new platform delivers real‑time settlement, enhanced reporting, automated corporate actions and fortified asset safety; all underpinned by cutting‑edge innovation.
The offering expands the institute’s corporate and investment banking capabilities, introducing a new business vertically focused on financial asset safekeeping and management. The Bank describes its Custody Services as “built for scale, backed by innovation, ready to serve Botswana’s institutional market.” The platform offers:
- Real‑time settlement, enabling instantaneous clearing of trades across multiple asset classes.
- Enhanced, digital reporting, granting clients live dashboards and granular audit trails.
- Automated corporate actions, including dividend processing and voting rights tracking.
- Secure, transparent asset custody, leveraging robust digital architecture to safeguard client holdings.
This offering signals a major shift in Botswana’s financial services, especially for long‑term investors seeking operational efficiency and risk mitigation.
“With custody platform, we are offering a modern solution that goes beyond safekeeping. Clients now have access to real-time data, greater transparency and streamlined operations. “is service is built to global standards and positions us to serve both domestic and international investors with efficiency and trust,” said Access Bank Botswana Head of Custody Services, Monica Matale.
Matale said the initiative was driven by a long-term vision to meet the evolving needs of institutional investors and to support the deepening of Botswana’s financial markets.
Botswana’s institutional investor base which includes defined‑benefit pension plans, sovereign and corporate funds has long sought more sophisticated asset services. Custody Services not only answers those calls but also raises the bar with end‑to‑end digital capabilities.
The Managing Director of Access Bank Botswana, Sheperd Alsam said the launch signals the bank’s ambition to play a more integral role in Botswana’s investment ecosystem. “Institutional clients demand confidence, efficiency and compliance. With custody platform, we are delivering on all fronts. It gives our clients the peace of mind that their assets are not only protected but also expertly managed with full visibility and control,” said Alsam.
Access Bank Botswana’s new custody solution integrates smoothly with core banking and investment systems, ensuring institutional clients can manage positions, cashflows and corporate actions from a single portal. Enhanced reporting tools also feed live data into clients’ own analytics systems through secured APIs.
This represents a departure from fragmented legacy systems, where settlement, custody and reporting often lived in discrete silos leading to delays, data reconciliation headaches and risk of error. The new platform promises to eliminate these inefficiencies, and deliver a holistic, real‑time view of institutional assets.
Access Bank classifies its custody solution as “powered by global and regional infrastructure,” hinting at future expansions and interoperability across African markets. As cross‑border capital flows gain traction in Africa, the ability to custody and manage assets regionally will be a competitive edge.
In Southern Africa, digital custody providers are limited, leaving room for new market entrants. Access Bank Botswana’s backing by Access Group’s regional network provides it with scale advantages. Botswana’s debut service marks a strategic milestone, positioning the country as an emerging regional node for institutional asset servicing.
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