BNP Paribas Securities Services, a leading global custodian with EUR 11.9 trillion in assets under custody, has been mandated by Teslin Capital Management to provide tailored investment and fund administration, depot bank and global custody services for its EUR 1.2 billion global assets.
Teslin Capital Management, a long-term investor focused on small and midcaps in The Netherlands and other European capital markets, will benefit from BNP Paribas Securities Services’ tailor-made solutions, extensive network and dedicated local client support team.
Mark Schilstra, Country Head at BNP Paribas Securities Services in The Netherlands and The Nordics, said: “We are delighted that Teslin Capital Management have chosen us as their new asset services provider in the Dutch market. This mandate win highlights our strong position in the Netherlands and ability to offer front-to-back solutions tailored to our clients’ needs.”
Koos van der Helm, Manager Finance, Operations & Risk at Teslin Capital Management, said: “We were impressed with BNP Paribas’s capabilities and solutions and their ability to meet our specific needs and requirements for the benefit of our clients. We are very much looking forward to a long-term relationship between our organisations.”.
BNP Paribas Securities Services is a leading global custodian, depot bank and local sub-custodian offering a full suite of global front-to-back solutions to investment managers, insurance companies, banks and pension funds. BNP Paribas was awarded ‘Best Sub- Custodian Bank 2021’ for the Netherlands by Global Finance.
About BNP Paribas Securities Services (securities.cib.bnpparibas)
BNP Paribas Securities Services, a wholly owned subsidiary of the BNP Paribas Group, is a leading global custodian and securities services provider. Backed by the strength of the BNP Paribas Group, we provide multi-asset post-trade and asset servicing solutions for buy and sell-side market participants, corporates and issuers. With a global reach covering 90+ markets, our network is one of the most extensive in the industry, enabling clients to maximise their investment opportunities worldwide.
The information contained within this document (‘information’) is believed to be reliable but BNP Paribas Securities Services does not warrant its completeness or accuracy. Opinions and estimates contained herein constitute BNP Paribas Securities Services’ judgment and are subject to change without notice. BNP Paribas Securities Services 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 Securities Services is incorporated in France as a Partnership Limited by Shares and is authorised and supervised by the European Central Bank (ECB), the ACPR (Autorité de Contrôle Prudentiel et de Résolution) and the AMF (Autorité des Marchés Financiers).
In the UK, BNP Paribas Securities Services is authorised and regulated by the European Central Bank and the Autorité de Contrôle Prudentiel et de Résolution. Deemed authorised by the Prudential Regulation Authority and with deemed variation of permission. Subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details of the Temporary Permissions Regime, which allows EEA-based firms to operate in the UK for a limited period while seeking full authorisation, are available on the Financial Conduct Authority’s website. BNP Paribas Securities Services London Branch is registered in the UK under number FC023666. UK establishment number: BR006393. UK establishment office address: 10 Harewood Avenue, London NW1 6AA.
In the U.S., BNP Paribas Securities Services is a business line of BNP Paribas which is incorporated in France with limited liability. Services provided under this business line, including the 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 and a member of SIPC and the Financial Industry Regulatory Authority; or if a futures product through BNP Paribas Securities Corp., a Futures Commission Merchant registered with the Commodities Futures Trading Commission and a member of the National Futures Association.