BHF BNY Securities Services has been appointed by Signal Iduna Group to provide global custody services to the firm.
The German insurance group says it will implement BHF BNY Securities Services’ depot bank services for its securities investment funds, including custody and administration services, risk management, performance measurement and attribution, compliance/limit controlling, IFRS monitoring and further services and securities lending.
“BHF BNY Securities Services’ comprehensive service package is very impressive and all our requirements were met quickly and with great flexibility. As an insurance company, we offer first class services and this is what we expect from our partners, too,” says Ulrich Leitermann, CFO of Signal Iduna Group.