CACEIS will also act as the main listed derivatives clearer for the French investment bank.
The UK asset manager will consolidate its asset servicing relationships for its UK and Ireland fund ranges and use BNY Mellon as its sole outsourcing provider.
CrossWise was launched at the end of April to enable asset managers and banks/broker-dealers to outsource as many services as needed
New product launches, technological challenges and cost pressures will all accelerate outsourcing according to BNP Paribas’ asset management head.
New products and strategies at private equity firms will encourage further adoption of outsourcing, according to SS&C.
In the build-up to Global Custodian’s Private Equity Issue this summer, we assess the two types of fund administration providers as PE firms are being forced to outsource.
Developing data management tools and technologies that enhance decision-making processes is becoming a larger part of the custodian’s growth strategy.
The combined solution enables its asset manager clients to outsource as many services as needed across the pre- and post-trade.
UK regulator to target business models of third-party outsourcing providers as part of its 2018/19 Business Strategy.
BNP Paribas has opened the doors to its mutual fund administration business with the completion of Janus Henderson deal.