BNP Paribas has been appointed by Insignia Financial, an Australian wealth manager, to provide custody and administration services. Insignia Financial holds AUD319.6bn (USD203bn) under management and administration The service offer will cover Insignia Financial’s MLC and OnePath businesses, with transitions finalised in 2025.
Category: BNPP
BNPP links to NeoXam
BNP Paribas has launched upgraded post-trade data management services, in association with the Investment Data Solution of NeoXam, a fintech. The service provides the bank’s clients with a range of data management solutions, facilitating the flexible integration of multiple data sources, operated on NeoXam’s technology.
HSBC supports EIB DLT bond issuance
HSBC has supported the launch of the European Investment Bank’s first bond under the Eurosystem’s exploratory work on new technologies for wholesale central bank money settlement. The EUR100m EIB bond was issued on the HSBC Orion digital assets platform in euros, under Luxembourg law, and settled using wholesale central bank digital currency on the Banque…
Manaos links to ResearchPool
Manaos, the BNP Paribas-owned ESG platform, has established a deal with ResearchPool, designed to deliver a comprehensive suite of tools that help institutional investors log, monitor and report on ESG engagement. This partnership will integrate engagement data with reporting solutions required for compliance with EET, LEC29, and SRI Label standards. By leveraging ResearchPool, investors can…
Pirum links with BNPP
Pirum, the UK fintech for securities finance automation and collateral management, has connected its exposure and collateral management solutions to BNP Paribas’ securities services business. As a result of the collaboration, mutual clients of BNPP’s triparty collateral services and Pirum now gain automated exposure and collateral management processing visibility, efficiency and transparency across their securities…
BNPP launches ESG service in ANZ
BNP Paribas has launched its ESG investment compliance monitoring service in Australia and New Zealand. The service provides ESG investment compliance screening capabilities for local asset managers and owners, allowing them to incorporate customisable and flexible ESG criteria into their portfolio monitoring. The service, which has already been deployed in Europe, includes a wide range…
BNPP moves Kasparian to UK
BNP Paribas’ securities services business has appointed Julien Kasparian as its regional head for the UK and Middle East, subject to regulatory approvals. He was most recently head of Hong Kong SAR for securities services, and will hand over his former responsibilities to Laure Ly, previously head of client development, Greater China, for securities services.…
BNP Paribas wins PE mandate
BNP Paribas has been mandated by PAI Partners, a private equity firm investing in companies in Europe and North America, to provide depositary bank services for its eighth fund, PAI Partners VIII, representing EUR7.1bn (USD8bn). This new mandate extends PAI Partners’ long-term relationship with BNP Paribas, which already includes global custody, depositary bank and transfer…
BNP Paribas wins in Australia
BNP Paribas’ securities services business has been chosen by The University of Sydney Endowment Fund to provide custody and fund administration services. The University of Sydney is the oldest university in Australia and has been operating an endowment fund since 1997, with AUD4.4bn (USD3.0bn) currently of AuM. The fund sought a new provider following the…
Danloy heading to Euroclear
Although it has not been officially announced, credible sources say that Sébastien Danloy is joining Euroclear as chief business officer, replacing Valérie Urbain, who was appointed CEO earlier this year. After leaving HSBC, Danloy joined BNP Paribas in 2023 as global head of sales & relationship management for institutional investors, a newly created role. He…