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…
Category: BNPP
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.
AssetMetrix hires MO specialist
Patrycja Dos Santos has joined AssetMetrix as middle office solutions specialist, based in Paris. She has held senior positions at Access Capital Partners, Quilvest Capital Partners, BNP Paribas Asset Management and, most recently, Sienna Private Credit. Based in Germany, AssetMetrix provides front-, middle- and back-office outsourcing solutions for private capital investors. BNP Paribas took a…
BNPP wins EUR1.3bn Dutch mandate
BNP Paribas’s securities services business has been mandated by Coöperatie Univé U.A., based in the Netherlands, to provide investment and financial administration, regulatory reporting and global custody services for its EUR1.3bn (USD1.4bn) of global assets. Univé is a cooperative insurance company offering auto, home and health insurances to its 1.6 million members.
Euronext bids for Allfunds
Euronext has submitted a preliminary offer to buy Allfunds, the fund distribution platform, for EUR5.5bn (USD5.8bn). BNP Paribas, which struck a wide-ranging distribution deal with Allfunds in 2020, holds a significant stake in the business.
Zurich Bank expands with BNPP
Zurich Bank has appointed BNP Paribas for custody of Italian and foreign securities and for the settlement of fund units for total assets of c. EUR3bn (USD3.25bn), expanding a longstanding relationship.
BNP Paribas and SimCorp expand partnership
The securities services business of BNP Paribas has expanded its strategic partnership with SimCorp, a provider of SaaS investment management solutions, to offer insurance accounting and reporting solutions integrated with its custodian and banking services. This collaboration leverages SimCorp’s new SaaS solutions for investment operations and accounting services, and is built on the companies’ longstanding…
CACEIS/BNPP JV receives regulatory approvals
The draft agreement between BNP Paribas’s securities services business and CACEIS to combine their issuer services businesses, first announced in March 2022, has received approvals from the competition and regulatory authorities. The JV will be called Uptevia.