BNP Paribas Securities Services and Caisse des Dépôts reinforce partnership
BNP Paribas Securities Services has secured an extended custody account-keeping mandate from the Caisse des Dépôts, a move that reinforces the partnership between the two firms, which began in April 2012.
Over the past year BNP Paribas Securities Services has launched a number of services for Caisse des Dépots including the delegation of custody and assistance with monitoring UCITS where Caisse des Dépôts is the custodian, issuance management, and settlement of listed derivatives commitments.
Patrick Colle (pictured), chief executive at BNP Paribas Securities Services, says: "We have completed a year of strong and close collaboration with the Caisse des Dépôts, which will provide the foundation for a long-term partnership. One of the major goals of this partnership is to guarantee the security of the CDC's holdings, as well as those of its clients."
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