The companies say the offering will increase post-trade efficiencies while providing clients with the benefits of an established risk management counterparty
The mandate aims to further solidify Berenberg’s long-term partnership with BNP Paribas, which already includes local clearing, settlement, and custody services across multiple market
Nadine Chakar testified on the benefits that could be offered by employing digital ledger technology in transaction processing and lifecycle management of real-world financial assets
The company says the introduction of AI to the client lifecycle management system will enable firms to accurately identify and mitigate financial crime risk while meeting regulatory obligations for KYC
Less than a year after the acquisition of RBC’s European asset servicing activities, all staff in each location have now regrouped under common legal structures, the firm says
