BNP Paribas is building a new global digital portal where asset managers would be able to access valuable ETF data regardless of their domicile.
Relationship represents over $10 billion in assets and comes seven years after BNP Paribas Securities Services embarked on its US growth strategy.
Citi was the first US bank to offer client swap clearing through Eurex, and eight funds have joined Citi to use the service.
The expansion builds on Pirum's existing real-time connectivity to the four international tri-party agents.
Global Custodian understands the promotion marks a new strategic focus for Euroclear to drive sales with financial institutions in the Americas region.
The US prime brokerage market as seen a number of new entrants over the years, following an industry-wide descaling of hedge fund clients by the big banks.
She joins BNY Mellon, Citi, State Street as the securities services representatives on the board.