Orange County Employees Retirement System
(OCERS) is issuing this Request for
Proposals to solicit a Global Custodian.
OCERS' service provider policy requires
competitive procurement of the global
custodian. This RFP represents a scheduled
and routine "re-bid" of our existing global
custodial services agreement. State Street
is the incumbent; we are not obligated to
retain the incumbent nor motivated to change
for the sake of change. The objective of
this RFP is to identify a custodian that can
meet OCERS' needs
– and help us
cost-effectively oversee the custody of
Services to be Provided.
The OCERS Global Custodian has typically
provided the following services, all of
which are expected to be delivered through
the selected provider:
• Securities Settlement
• Cash Management
• Securities Lending
• Directed Brokerage Services
• Corporate Actions, Class Actions & Proxy
The bid deadline is May 20, 2016.
A pre-bid teleconference will be conducted
on May 2nd. Bidders must
register their interest to receive further
information, by sending a formal request
from the RFP document, to
The trade press is directed to reference
ONLY this address, please.
OCERS will not
make any further comments to media beyond
those presented officially in the RFP
document itself. Quiet period
rules are in effect: bidders are
prohibited from communicating with OCERS
board members or staff except in public
meetings, or as otherwise provided in the
RFP document and Quiet Period policy.
to view the Global Custodian RFP (PDF).
to view the Global Custodian RFP (DOCX).