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Custody news

Nomura chooses SGSS in South Africa


16 October 2014 Paris
Reporter: Stephen Durham

Generic business image for news article
Image: Shutterstock
Societe Generale Securities Services (SGSS) in South Africa has been mandated by Nomura to act as its sub-custody bank in the country.

SGSS has been offering a full range of services to a client–base of asset managers, global custodians, investment banks and broker dealers in South Africa for over 20 years.

Its overall offering in the country now includes both local and global custody, clearing and settlement services across all asset classes, as well as securities lending and treasury solutions.

Nomura is an Asia-based financial services group with an integrated global network spanning over 30 countries.

By connecting markets from the east and west, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: retail, asset management, and wholesale (global markets and investment banking).
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