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Industry news

BNP Paribas’ Securities Services business integrates Broadridge solution


19 February 2025 US
Reporter: Clelia Frondaroli

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Image: Rawpixel.com/stock.adobe.com
BNP Paribas’ Securities Services business has partnered with Broadridge in a bid to expand its global custody services.

The partnership will see Broadridge as the service provider for the firm’s global securities class action services, and will offer comprehensive global class action coverage. Both companies say that this solution will maximise clients’ global asset recovery opportunities and will provide a more efficient process for identifying, filing, and recovering investment losses.

Christian Houillon, head of custody product for securities services at BNP Paribas, comments: “Broadridge brings advanced technology, market-leading information security and deep industry expertise that align with our goals, enhancing our clients’ experience.”

"Broadridge’s solutions will enable the clients of BNP Paribas’ Securities Services business to obtain all required information to support their decisions on claim recoveries, facilitate investor participation in settlements and support key business functions,” adds Steve Cirami, vice president, head of corporate actions and class actions at Broadridge.
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