Clark County Bonfire #608032-26

Clark County Investment Portfolio Custody and Asset-Servicing Services

Clark County Procurement is seeking a qualified financial institution to safeguard and service the County’s investment portfolio. - Government buyer: Clark County Procurement, Clark County, Nevada. - Requested service: Custody, safekeeping, and settlement services for investment assets. - Includes trade settlement, income collection, corporate action processing, performance measurement and reporting, account administration and reconciliation, compliance support, and secure online account access and reporting. - Key requirements: Timely, accurate, and secure processing and safeguarding of investment assets. - OEMs and vendors named in the solicitation: None. - Potential competitors: Financial institutions such as The Bank of New York Mellon Corporation, State Street Corporation, JPMorgan Chase Bank, N.A., Northern Trust Corporation, and U.S. Bank National Association may provide comparable custody services; these companies are not identified in the solicitation.

Description

Clark County is soliciting responses from qualified and experienced financial institutions to provide custody, safekeeping, and settlement services for the County’s investment portfolio. The scope includes asset safekeeping, trade settlement, income collection, corporate action processing, performance measurement and reporting, account administration and reconciliation, and compliance support. Services must also provide secure online access to account information and reporting, with timely, accurate, and secure processing and safeguarding of investment assets. Required submissions include service and experience information, fee proposals, financial strength and risk information, and compliance documentation.

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