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The United Nations General Assembly declared 2011 as the International Year for Forests. As part of BNP Paribas on-going effort to combat climate change, we have decided to join this cause by embracing Project GreenHands, which values the relationship between social, environmental and economic elements.

In the context of Fund Forum International in Monaco, we will partner with a local association, Art & Environnement to contribute to a mass tree planting in Southern India.

Throughout the Conference, BNP Paribas Securities Services will involve delegates via the Plant & Play game to participate and embrace this cause. We hope that with this initiative many trees will be planted!

BNP Paribas Securities Services has won The Banker’s Innovation in Clearing and Settlement Technology award for 2011.

We were selected for our successful implementation of the Third Party Clearing (TPC) project in Hong Kong - the largest TPC project to date in the Asia-Pacific region.

According to The Banker, the project attracted acclaim because of the “cross-disciplinary approach” that combined adapting our innovative modular platform to a complex local regulatory environment while lending our expertise as a leading global clearer across more than 20 markets in Asia and Europe to guide local regulators towards a legal framework sanctioning TPC.

The objective of this project is to give our clients access to one of the most sophisticated technical platforms and comprehensive trading and clearing solutions available in the market in Asia. This will reduce clients' risk along the entire clearing and settlement process, and achieve greater efficiencies in their equity trading operations.
Barnaby Nelson, head of Asian client development for banks, broker dealers and corporate issuers at BNP Paribas Securities Services said: “The success of our Hong Kong project was entirely due to the fact that we were able to leverage on our experience in Europe to provide specific solutions to the Asian markets.”

In March this year, BNP Paribas Securities Services became the largest General Clearing Participant on the Hong Kong Stock Exchange (HKSE), clearing over 5% of the value of the HKSE's daily turnover.

The Banker’s prestigious technology innovation award has been an annual event since 2003, and bestows honors on the most innovative projects of the world’s top financial institutions.

BNP Paribas Securities Services is proud to have qualified for the first time for a global ranking in the Global Investor’s global custody survey.

Securities Services also qualified in a further ten categories and achieved a Top 5 rating in eight of these.

‘Our custody operations now cover Europe, Asia-Pacific and we are circulating around Latin America and the US (…). We are a true custodian. We have USD 6 trillion AuM. USD 2.2 trillion of that is in global custody and the remaining USD 3.8 trillion is local custody assets. That is the crux of our value proposition’ said Charley Cock, head of client development, in an interview with Global Investor magazine.

This proves the basis of our expansion and the quality of our services.

We would like to thank all our clients who participated in this survey.

Read Charley's Cock Global Investor's interview and the full results of this survey

We are pleased to announce that we have won the Asset magazine’s award for ‘Rising star custody specialist’ for 2011.
This award shows that our consolidated service model meets the needs of our clients and further demonstrates our commitment and market recognition in the Asia-Pacific region.

BNP Paribas Securities Services was proud to win the ‘fund administrator of the year – Luxembourg’ at the FundDomiciles.com awards ceremony in London on 19 January 2011.

 
We were selected for our outstanding performance from a shortlist of three administrators, following more than 200 votes cast by fund managers and an evaluation by an expert judging panel.

Fund managers were invited to vote based on a qualitative assessment of their fund administration service providers, while the judging panel consisted of four independent experts with unparalleled knowledge and vast collective experience of fund service provision and fund domiciles.

Georg Lasch, Head of Client Development in Luxembourg said: “This is an important achievement not only for the Bank but especially for the Luxembourg location because it reflects how enterprising we are in developing innovative solutions to exceed our clients’ needs”.

“We are delighted to have been selected for this important award and will continue to deliver excellent service to our clients and their investors in the years to come” Georg added.

Read the latest edition of our newsletter dedicated to corporates and issuers