BNP Paribas expands investor services 25 October 2011London Reporter: Anna Reitman
Image: Shutterstock
BNP Paribas Securities Services has unveiled an expanded range of market and financing services to support the increasingly sophisticated requirements of institutional investors and financial intermediaries.
Alongside custody, clearing and fund administration, the custodian bank’s Market and Financing Services business line now offers principal and agency lending, foreign exchange and collateral management – as well as a variety of financing solutions to asset owners, asset managers, including alternatives and broker-dealers.
“In the current environment, reducing risk and increasing profitability are challenges that have shot to the top of the agenda for investors that manage large asset pools,” said Florence Bonnevay, head of Market and Financing Services at BNP Paribas.
“We have positioned ourselves as a fully integrated banking service provider to the buy-side, managing their dealing, collateral and liquidity requirements enabling them to concentrate on their core business.”
The bank is also first to market with the introduction of a fully outsourced dealing service for buy-side firms, giving them round-the-clock access to all asset classes.
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times