Securities Inventory Management makes use of active forecast and position management technologies to ensure that the securities purchased by BNP Paribas Securities Services’ asset manager and asset owner clients are automatically moved at the end of every day to their domestic market, where they can benefit from advanced custody services such as liquidity and collateral optimisation.
Safekeeping securities in the markets in which they were issued helps clients reduce the number of intermediaries in their custody chain, avoiding loss of information on events relating to their assets and optimising operations.
The service also enables the automatic transfer of securities to the required settlement market in case of a sale, reducing non-automated processes and associated risks such as settlement delays.
“In today’s complex market environment, driven by the need for collateral availability, an increasing number of domestic assets are no longer held directly in their original market but through complex chains of intermediaries. This is why we have devised this new service, which makes the most of our local network, to automatically move assets back to the markets in which they were issued and mobilise them quickly wherever they are needed in case of cross-border transactions for example.
Managing cross border flows is complex and automating real-time optimisation tasks will be of significant benefit to our clients.”
Alain Pochet, Head of Client Delivery at BNP Paribas Securities Services
Securities Inventory Management is now live in France, Germany and Italy for BNP Paribas Securities Services’ clients, and will be available globally in the coming weeks.
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About BNP Paribas Securities Services (www.securities.bnpparibas.com)
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 sellside market participants, corporates and issuers. With local expertise in 36 countries and 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.