BNP secures Canaccord mandate

BNP Paribas Securities Services has obtained a mandate from wealth management and brokerage provider Canaccord Genuity to provide clearing, settlement and foreign exchange services.

With offices in London and Paris, Canaccord offers investment, banking and research services to clients.

Under the mandate BNP Paribas will provide Canaccord with clearing and settlement services across over 100 markets.

“Canaccord Genuity Limited is a significant player in the UK broker-dealer space and we are delighted it has awarded us with this mandate,” said Julien Kasparian, UK head of sales and relationship management for banks and brokers at BNP Paribas Securities Services.

“We look forward to working with Canaccord Genuity Limited, helping it meet the growing needs of its expanding global client base and the challenges presented by a fast-changing financial world,” he added.