The COVID-19 pandemic acted as a “call to arms” for the post-trade industry to improve “cumbersome and outdated” technologies, according to Archie Stebbings, partner at management consulting firm Oliver Wyman
“Matt Bowen will lead the build-out of our US arranged financing proposition, to help grow our footprint with US institutional clients, connecting them to our global network," said Loic Lebrun
As part of the agreement, BNP will also provide Kempen Capital Management with custody depositary bank, fund accounting, regulatory reporting, collateral management and foreign exchange services
BNP Paribas Securities Services has won a mandate to provide Nationwide Building Society with triparty collateral management and global custody services for its non-UK assets
Some 22 per cent of investors now integrate ESG into at least 75 per cent of their portfolios, a stark change compared to 2019 levels, according to a new ESG survey conducted by BNP Paribas
ACSA reveals assets under custody surged by 10.9 per cent to a new record of $4.4 trillion in the six months to 30 June 2021, according to the Australian Custodial Services Association