Societe Generale Securities Services (SGSS) has renewed its mandate with Banco Cooperativo to provide independent valuation services for its structured products.
SGSS has been retained by Banco Cooperativo since 2005 to provide European clients with valuation services on OTC and structured products.
SGSS Spain provides a full suite of securities services, including clearing and settlement, custody and trustee services, asset services, fund distribution services, liquidity management and global issuer services. It also settles between 8-10% of market trades on Iberclear Spain.
Banco Cooperativo was established in 1990 to provide the services of a central bank to its partner rural banks throughout Spain.
(CG)