Home   News   Features   Interviews   Magazine Archive   Industry Awards  
Subscribe
Securites Lending Times logo
Leading the Way

Global Asset Servicing News and Commentary
≔ Menu
Securites Lending Times logo
Leading the Way

Global Asset Servicing News and Commentary
News by section
Subscribe
⨂ Close
  1. Home
  2. Latest news
  3. SGSS mandated by First Private Investment Management
Latest news
SGSS mandated by First Private Investment Management
21 September 2018 Frankfurt
Reporter: Jenna Lomax

Image: Shutterstock
Societe Generale Securities Services (SGSS) in Germany has been mandated by First Private Investment Management to provide front, middle and back office services, via CrossWise, its modular solution.

First Private Investment Management is an independent and partner-managed asset manager operating globally and based in Frankfurt.

According to SGSS, First Private Investment Management will benefit from CrossWise as it combines front to back solutions, created for asset managers to optimise their operating model and meet all regulatory constraints across all asset classes.

In addition, SGSS will provide First Private Investment with its extended analytics and reporting services including performance measurement and risk analysis based on SGSS VIEW, its web based reporting portal.

Thorsten Wegner, COO and partner at First Private Investment Management, said: “Working with SGSS GmbH allows us to focus on our core competencies, the development and implementation of active, quantitative multi-asset and absolute return investment strategies.”

He added: “SGSS has a strong understanding of our complex business and values stable, automated processes as much as we do. We also look forward to the further opportunities that CrossWise offers, such as the multi asset dealing desk services.”

Christian Wutz, managing director of SGSS GmbH and head of commercial, marketing and solutions for SGSS in Germany, commented: "We are very pleased to support First Private, an expert in active and systematic asset management, and to offer them our expertise in investment services for asset managers.”
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
Advertisement
Subscribe today