For the sixth successive year, BNP Paribas Securities Services (BNP Paribas) has received ISO 9001 certification for its Fund Compliance and Trustee services in France. The latest audit was undertaken by AFAQ-AFNOR, a leading French and international certification agency. In its report on BNP Paribas, AFAQ-AFNOR highlighted three findings:
• a clear willingness to meet client needs, reinforced by active participation in industry workgroups and forums involved in regulatory matters
• continuous improvement of business processes
• full engagement on the part of personnel
ISO 9001 is an internationally-recognised, independent standard that attests to the quality of an organisation’s management, operating procedures and internal controls.
“Investment compliance is today more than ever a major concern for investors and the asset management industry,” says Herve Bruyere, Head of BNP Paribas Securities Services’ Fund Compliance and Trustee services. “The renewal of our ISO 9001 certification is evidence of our commitment to quality and to delivering the highest levels of service to clients. It is all the more significant given our fast-moving regulatory environment, and with six years of continuous ISO certification, it also demonstrates a clear track record in excellence”.
BNP Paribas Securities Services provides investment compliance monitoring, Depot bank and trustee services to approximately 2,600 funds worldwide, managing Euros 345 billion in assets. Services are offered in France as well as via the bank’s local offices in Australia, Germany, Ireland, Italy, Luxembourg and Spain.