French custodian’s ESG marketplace collaborates with two new partners to drive forward open service platform.
The experiment focused on the entire life cycle of securities, from issuance and registration in the blockchain to secondary market operations’ settlement.
BNP Paribas was appointed to provide global custody services to the Italian pension fund's €2 billion of assets in 2019.
Digitalisation, new technologies and cyber threats are atop the list of challenges and opportunities for network managers who are facing a major turning point in the their roles.
An overview of the first documentary launched during Leaders in Custody Week as sub-custodians discuss a shifting landscape, plus find out more about our Innovation Award winners and the newest GC Legend.
The completed acquisition follows in line with BNP Paribas Securities Services’ strategy to develop its network in targeted markets in Europe and globally.
BNP Paribas Securities Services has been one of the most active banks in establishing partnerships with FinTechs and other third-party providers. Alvaro Camunas, head of client development at BNP Paribas Securities Services, explains to Global Custodians the motives behind these recent moves.
As part of the launch, BNP Paribas Securities Services has become a direct participant in the Chilean CSD, Depósito Central de Valores.
The win helped propel its assets under custody and administration (AUC/A) by 20% year-on-year to reach €13.9 trillion.