BNP Paribas Securities Services has upgraded its triparty collateral management service to support synthetic securitisation and collateralised note structures, bringing greater operational efficiency and protection to those structures. The service will enable the proceeds of notes issuance to be transformed through securities finance transactions – or a cash loan secured with securities – efficiently and safely. This innovative use of triparty collateral management is already being used to manage the collateral aspects of repo associated with BNP Paribas’ Resonance 5 synthetic transactions.
