BNP Paribas Securities Services

BNP Paribas Securities Services (BNPSS) is a leading securities services provider to the world’s financial institutions, with a local presence in all key European markets and Australasia. With 3,400 dedicated staff in 17 countries, BNP Paribas Securities Services has over 600 clients, including 8 of the world’s top 10 investment managers, and a global custody network covering 75 markets. It holds over Euro 2.5 trillion assets under custody (December 2004) and Euro 420 billion assets under administration for close to 4,000 funds worldwide. In 2004, BNP Paribas Securities Services processed over 23 million transactions.

Global Fund Services

Fund Administration

BNP Paribas has a significant Fund Administration business in all the major onshore markets of Europe as well as in Luxembourg, Dublin and Jersey. It is also a major provider to superannuation and investment funds in Australia and New Zealand. Services include fund accounting, NAV calculation, paying agency, regulatory reporting, legal/secretarial services and innovative solutions for asset managers distributing funds across multiple European jurisdictions.

Transfer Agency

Global TA hubs in Luxembourg and Dublin provide a comprehensive range of unitholder and shareholder registrar services, subscription/redemption processing, commissions management, multilingual contract notes, private labelling, paying agency and European fund distribution services. These global hubs are complimented by local TA operations in domestic jurisdictions such as France, Germany, Italy, Spain and the United Kingdom.

Performance Measurement

BNP Paribas offers a suite of performance measurement and attribution reports in compliance with AIMR/GIPS calculation methods and presentation formats, and in a range of languages. A modular system allows the building of standard and ad-hoc reports incorporating a wide range of criteria such as asset class, rates of return, duration and gross/net figures, with ex-ante breakdown and Value-at-Risk reporting also available.

Fund Compliance and Trustee Services

Experienced compliance and trustee teams provide asset managers and investment firms with a range of advisory services throughout the 'life' of a fund. These include verification of fund prospectuses prior to filing, monitoring of investment compliance and prudential ratios and certification of a fund's inventory. BNP Paribas also carries out inspections of asset managers, NAV calculation agents, liability managers and custodians. In France, BNP Paribas' Fund Compliance and Trustee service has had ISO9001 certification since 2001.

Retail Account Administration

BNP Paribas is a major provider of retail account administration in the United Kingdom, delivering innovative solutions for the management of investment vehicles such as ISAs, PEPs and unit trust/investment trust savings schemes. Full online functionality for query management, subscriptions and portfolio valuations is combined with consolidated reporting, enabling clients to view multiple products and portfolios via a single investor account.

Middle and Back Office Outsourcing

A strong presence in multiple market jurisdictions, a longstanding track record and proven, working solutions distinguish BNP Paribas' investment operations outsourcing proposition for institutional investors. A flexible operating platform enables clients to achieve the right balance in service improvement and cost reduction, together with BNP Paribas' capacity to handle the most complex investment vehicles.

Visit BNP Paribas' website

 Home  News  Features Profiles  Resources  Jobs  About  Contact

© Copyright Fund Admin World 2005 All rights reserved.