Alter Domus, the Luxembourg-based provider of fund and corporate services, has appointed Angela Maria Summonte as global head of asset owners. Based in Germany, she will lead the development of the newly launched asset owners business line. Summonte was previously with BNP Paribas.
Category: BNPP
BNP Paribas opens sub-custody business in Chile
BNP Paribas has established a sub-custody business in Chile, adding to existing Latin American operations in Brazil, Colombia and Peru. As part of the deal, BNP Paribas has become a direct participant in Chile’s central securities depository, Depósito Central de Valores. BNP Paribas’ proprietary network has now expanded to 27 markets.
LiquidShare hires Brigitte Gignoux to head business development
LiquidShare, the fintech co-founded by European financial institutions including BNP Paribas, Société Générale and Euroclear, has appointed Brigitte Gignoux as head of business development. She joins from FFYN, a collaborative fund distribution platform that was incubated by BNP Paribas, where she previously worked in a business development role.
Jacques d’Estais to retire from BNP Paribas
After 39 years at BNP Paribas, Jacques d’Estais will retire from the group by the end of 2021. He has stepped down from his role as group deputy COO and head of international financial services to become executive advisor to BNP Paribas general management. For many years d’Estais oversaw the bank’s securities services business, BP2S.
Riyad Capital signs private-label deal with BNP Paribas
Riyad Capital, the investment banking arm of Saudi Arabia’s Riyad Bank, has signed an agreement with BNP Paribas Securities Services to provide global custody, fund services and consolidated data management services in Saudi Arabia under a joint servicing model, thought to be the first of its kind in the Kingdom and the region. Developed over…
Provinzial mandates BNP Paribas and Helaba Invest
Provinzial Asset Management, the Germany-headquartered asset manager with AuM EUR50bn, has mandated BNP Paribas Securities Services and Helaba Invest as asset servicing providers. Following the recent merger between Provinzial Asset Management and the Provinzial Rhineland, Provinzial Asset Management now manages all the assets of the newly formed Provinzial Group. Provinzial Asset Management selected two long-standing…
BNP Paribas strikes deal with Clarity AI
BNP Paribas Securities Services has formed a partnership with Clarity AI, a sustainability data science and technology company. Through its Manaos platform, BNP Paribas clients can access Clarity AI’s universe of sustainability data and insights. Manaos enables institutional investors to store their fund data on a single platform to obtain a comprehensive and transparent view…
Reichmuth appoints AssetMetrix for digital reporting
Reichmuth & Co Investment Management AG, a subsidiary of the Swiss owner-managed private banking group Reichmuth & Co, has appointed AssetMetrix, the Germany-based specialist asset servicer, as a partner for the digitalisation of its infrastructure activities. Services include tools for performance, risk management, benchmarking as well as cash flow and performance forecasts. In addition, clients…
AssetMetrix establishes account management function
AssetMetrix, the Germany-based specialist asset servicing provider in which BNP Paribas has a stake, has appointed Joerg von Taube as head of the newly created account management function within its business development team. He joined AssetMetrix in 2017.
BP2S to service Harvest’s new ESG ETF
BNP Paribas Securities Services has been appointed to provide fund services for Harvest Global Investments’ new CSI 300 ESG Leaders Index ETF. Services include global custody, fund administration, trustee, transfer agent and participating dealer. Harvest, which has a longstanding relationship with BP2S, is one of the largest Chinese institutional asset managers.