BNP Paribas Securities Services has been chosen by Teslin Capital Management to provide tailored investment and fund administration, along with deporting bank and global custody services for its €1.2 billion global assets.
Teslin Capital Management, a long term investor focused in the Netherlands and other European capital markets, will benefit from BNP Paribas’ tailor-made solutions, extensive network and local client support team.
Speaking on the announcement, Mark Schilstra, country head of BNP Paribas Securities Services in The Netherlands and The Nordics, says: “We are delighted that Teslin Capital Management have chosen us as their new asset services provider in the Dutch market.
“This mandate win highlights our strong position in the Netherlands and ability to offer front-to-back solutions tailored to our clients’ needs.”
Koos van der Helm, manager of finance, operations and risk at Teslin Capital Management, notes: “We were impressed with BNP Paribas’ capabilities and solutions, and its ability to meet our specific needs and requirements for the benefit of our clients.”