Recent appointments to the business has signalled a boost in its global capabilities and providing a one-stop shop for hedge funds.
Raiffeisen Bank International is to sell its core banking operations in Poland to BNP Paribas S.A, however it seems unlikely to have a significant impact on the custody clients of the two banks.
BNP Paribas recently announced a major reshuffle to its prime services & financing and global markets team.
BNP Paribas was among the top banks that recorded a boost in earnings for equities and prime brokerage during 2017.
BNP Paribas will acquire the depositary business of Italy's third largest bank for €200 million.
BNP Paribas Securities Services is one of the first asset servicing providers to process fund transactions using blockchain.
BNP Paribas Securities Services has made two Italian custody and collateral management deals in two months.
The bank's ClimateSeed platform will act as a centralised platform for asset managers looking to invest in companies with voluntary carbon offsetting projects.
Julian Kasparian will lead BNP Paribas's Hong Kong securities services business, as Marelle relocates to Paris to head up global compliance.
BNP Paribas has become the first European custodian to launch a US mutual fund administration business.