ULTUMUS, the ETF fintech owned by SIX Group, is forming a strategic partnership with BNP Paribas’s securities services business for ETF servicing agent capabilities. As part of the partnership, BNPP will leverage ULTUMUS’ create/redeem COSMOS platform. The COSMOS platform has been selected to handle the lifecycle of the bank’s ETF-related operations, from approving new creation…
Category: BNPP
BNP Paribas appoints head of Ireland
BNP Paribas has appointed Joy Kiely as location head of its securities services business in Ireland. Kiely is currently head of client development for the business, based in Dublin. This move restores the position after Paul Daly moved to a new role in 2021. Derek Kehoe, who heads Ireland for BNP Paribas, took on the…
BNPP deploys AI-driven virtual agent
BNP Paribas’s securities services business has launched a virtual agent, NOA (NextGen Online Assistant), on its client services portal, NeoLink. NOA deploys the latest cognitive technology from Amelia, a U.S.-based provider of enterprise conversational AI. Leveraging Amelia’s advanced machine learning for context recognition, NOA helps clients find the information they need quickly and efficiently. NOA…
BNPP appoints new head of France & Belgium
BNP Paribas has appointed Pauline Bernard as regional head of France & Belgium for its securities services business. She succeeds Pierre Jond, following his decision to pursue new opportunities outside the bank. Bernard was head of sales for institutional investors for Continental Europe, in addition to her role as head of client development for France…
BNPP appoints FI&C co-heads in APAC
BNP Paribas’s securities services business has appointed Hugues Williamson and Mark Wootton as co-heads of the financial intermediaries & corporates (FI&C) client line in Asia Pacific. Williamson will be responsible for the FI&C client strategy in North Asia and Greater China and the primary contact for broker dealing outsourcing, correspondent banking, cash management and liquidity…
BNP Paribas launches ESG screening
BNP Paribas’s securities services business has enhanced its investment compliance screening capabilities to include a range of ESG criteria. The new service enables asset managers and asset owners to incorporate customisable and flexible ESG criteria into their portfolio monitoring. The service employs a range of data feeds from external and internal sources to enable asset…
BNPP upgrades CapLink
BNP Paribas’s securities services business has upgraded its digital offering to alternative fund managers and their investors with the release of two enhanced solutions: CapLink Investor and CapLink Private. CapLink Investor is a platform for fund managers, investors, and authorised contacts, offering information and insights across their fund holdings. CapLink Private offers digital reporting through…
CAF appoints BNPP for sec lending
Corporación Andina de Fomento (CAF), the development bank of Latin America and the Caribbean, has appointed BNP Paribas’s securities services business as agent lender for its USD1.3bn portfolio. In 2020, BNP Paribas supported the issuance of CAF’s Covid-19 recovery bond, and the selection comes as a result of a long-standing relationship between BNP Paribas and…
Pirum hires from BNP Paribas
Pirum, the UK-based fintech, has hired Graeme Perry as business development representative. Based in London, Perry will report locally to Karl Wyborn, CCO. Previously, he spent 14 years with BNP Paribas’ securities services business, where his most recent role was director of trading strategy and relationships and head of agency lending trading EMEA.
Clearwater & BNPP join forces
Clearwater Analytics, a provider of SaaS-based investment management, accounting, reporting, and analytics solutions, has struck a partnership with BNP Paribas’ securities services business, to offer investment accounting and reporting solutions combined with the bank’s custody services. INTÉRIALE Mutual, a shared client, is already using the combined offering.