BNP Paribas’ Securities Services business today announces the launch of new post-trade data management services, leveraging the Investment Data Solution (IDS) of NeoXam, a market leader in financial data technology solutions, to support clients’ decision-making across the investment value chain.
Operated by the expert teams of Securities Services at BNP Paribas, this new service offer provides the bank’s clients with a wide range of high-end data management solutions, facilitating the flexible integration of multiple data sources into their ecosystem, all operated on NeoXam’s advanced and scalable technology.
In response to asset owners and managers’ growing demand for support to help them overcome their sophisticated data management needs, these new services offer key features to help enhance data insights, including:
- Holistic fund view through consolidation of their public and private books and access to third-party data sources and external platforms, clients benefit from a cross-asset class, multi-dataset portfolio view, irrespective of their investment strategies or service providers.
- Modular use case-driven approach delivering pre-defined books of record to support clients’ operational processes, including performance and risk analytics, investment operations and client reporting. The service covers the full end-to-end process of capturing, normalising, transforming data from a variety of sources, applying pre-agreed business rules and controls to enrich and ensure their quality, and finally distributing these books of record.
- Self-service capability through interactive screens enabling clients to further personalise data that is captured, standardised, aggregated and enriched by BNP Paribas’ Securities Services teams.
- Security, data privacy, flexibility and resiliency are reinforced by a dedicated client tenants setup, which naturally segregates the data from other clients.
Florent Fabre, CEO of NeoXam, stated: “The collaboration with BNP Paribas combines the best of two worlds — the extensive business expertise of their Securities Services teams, along with our leading Investment Data Solution (IDS). We see huge opportunity for our IDS platform to support BNP Paribas’ innovative service, particularly in providing their clients with the scale of data sources and the flexibility they need.”
Arnaud Claudon, Head of Asset Owners & Managers Client Lines, Securities Services, BNP Paribas, commented: “The launch of this new service, taking advantage of NeoXam’s market-leading technology, is part of our core ambition to be a trusted data-led custodian for our clients. Providing a holistic, standardised view on portfolios across different asset classes and multiple datasets marks a major step forward in the way we can empower our clients to make more accurate and informed investment decisions.”
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Press Contacts
Securities Services at BNP Paribas
Vivian Lai, Global Media Relations and External Communications Manager
vivian.lai@uk.bnpparibas.com
+44 (0) 7350 433 306
NeoXam
Danielle Szynkarski, PR Manager
danielle.szynkarski@neoxam.com
+33 1 89 86 08 60
Securities Services at BNP Paribas on LinkedIn
About Securities Services at BNP Paribas (securities.cib.bnpparibas)
BNP Paribas’ Securities Services business is a leading global custodian providing multi-asset post-trade and asset servicing solutions to buy-side and sell-side market participants, corporates, and issuers. With a global reach covering 90+ markets, its custody network is one of the most extensive in the industry, enabling clients to maximise their investment opportunities worldwide. As a pillar of BNP Paribas’ diversified banking model, Securities Services provides asset servicing solutions that are closely integrated with the first-class services of the Group’s other business lines, in particular those of Global Banking and Global Markets. As of 30 September 2024, Securities Services had USD 15.0 trillion in assets under custody, USD 3.0 trillion in assets under administration and 9,197 funds administered.
About NeoXam (securities.cib.bnpparibas)
NeoXam is a leading financial software company, delivering solutions and services for 150+ customers in 25 countries worldwide. NeoXam is committed to its clients’ success: we deliver reliable and scalable solutions, processing more than €20 trillion worth of assets per day and serving over 10,000 users. Through its combined talents and transparent approach, NeoXam helps buy- and sell-side players address the continuous changes in the financial market industry, to grow and better serve their clients. NeoXam relies on 800+ staff, is headquartered in Paris and has 18 offices across the globe.
The information contained within this document (‘information’) is believed to be reliable but BNP Paribas does not warrant its completeness or accuracy. Opinions and estimates contained herein constitute BNP Paribas’ judgment and are subject to change without notice. BNP Paribas and its subsidiaries shall not be liable for any errors, omissions or opinions contained within this document. This material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. For the avoidance of doubt, any information contained within this document will not form an agreement between parties. Additional information is available on request.
BNP Paribas is a credit institution that is authorised to perform banking activities and investment services under the law applicable in France and is subject to prudential supervision on a consolidated basis by the European Central Bank (ECB), in cooperation with the Autorité de Contrôle Prudentiel et de Résolution (ACPR). As a public listed company and as an investment service provider, BNP Paribas is also in France under the supervision of the Autorité des Marchés Financiers (AMF). Its registered office address is 16 boulevard des Italiens, 75009 Paris, France, and its website is https://group.bnpparibas.
BNP Paribas is authorised and regulated by the European Central Bank (ECB) and the Autorité de Contrôle Prudentiel et de Résolution (ACPR). BNP Paribas is authorised by the Prudential Regulation Authority (PRA) and is subject to regulation by the Financial Conduct Authority (FCA) and limited regulation by the Prudential Regulation Authority (PRA). Details about the extent of our regulation by the Prudential Regulation Authority (PRA) are available from us on request. BNP Paribas London Branch is registered in the UK under number FC13447. UK establishment number: BR000170. UK establishment office address: 10 Harewood Avenue, London NW1 6AA.
Services described in this document, if offered in the U.S., are offered through BNP Paribas acting through its New York Branch (which is duly authorised and licensed by the State of New York Department of Financial Services) or BNP Paribas Financial Services LLC, a limited liability company organised under the laws of the State of Delaware; if a securities product, through BNP Paribas Securities Corp., which is a broker-dealer registered with the Securities and Exchange Commission (SEC) and a member of the Securities Investor Protection Corporation (SIPC) and the Financial Industry Regulatory Authority (FINRA); or if a futures product through BNP Paribas Securities Corp., a Futures Commission Merchant registered with the Commodities Futures Trading Commission (CFTC) and a member of the National Futures Association (NFA).
In accordance with the General Data Protection Regulation (GDPR), European Regulation no. 2016-679, depending on the nature of the processing of the personal data concerned, you have a right of access, rectification and erasure of your personal data together with the right to restrict or object to the processing of such data. For more information on the General Data Protection Regulation (GDPR), details regarding processing purposes, and data retention principles, as well as your rights in relation to the processing of your personal data by BNP Paribas SA, in the context of Securities Services activities, please refer to our data protection notice: https://cib.bnpparibas/data-protection-notice/.