SGSS Mandated by UK-Based SCM Private

Societe Generale Securities Services (SGSS) in the UK has been mandated by SCM Private, an investment firm, to provide administrative outsourcing solutions.

SGSS will provide wealth and investment management services for SCM Private’s three newly launched direct-to-consumer online wealth management solutions.

SGSS’s middle-and back-office outsourcing services include custody safekeeping, data execution, and portfolio management.

“SCM Private represents an important client partnership for SGSS.” comments Michael Le Garignon, head of SGSS sales, business development and relationship management in the UK. “We have worked closely together to ensure that we are delivering a solution that not only represents value both to SCM Private and their end-investors, but that delivers a scalable, long-term solution.”