POWERED BY MOMENTUM MEDIA
BNP Paribas Securities Services takes stake in AssetMetrix
BNP Paribas Securities Services, a custodian and securities services provider and BNP Paribas Group subsidiary, has announced a stake in fintech AssetMetrix, which will allow the former to expand and digitalise its services to private capital clients and investors.
By deploying AssetMetrix’s technology and webservices in its private capital business, BNP Paribas Securities Services would give clients access to analytics and reporting tools dedicated to analysis of non-listed investments.
The aim would be to enable clients to optimise decision-making and enhance risk monitoring, while asset manager clients would also be able to provide end investors with individual access to reporting tools for efficient and transparent oversight of their investments.
The new portfolio monitoring service would allow full look-through capabilities on investee companies, cash flow and performance forecast, risk analysis, stress testing, benchmarking, workflow and document management.
Laurent Durdilly, head of private capital solutions at BNP Paribas Securities Services, said it was a major development in their offering to private capital clients, including fund managers, asset owners and private equity funds.
“With this partnership, we will be able to offer our clients powerful analytics and reporting for their investors via a dedicated and interactive web portal for real-time monitoring and live scenario analysis,” Durdilly said.
Recommended for you
The Future Fund’s CIO Ben Samild has announced his resignation, with his deputy to assume the role of interim CIO.
The fund has unveiled reforms to streamline death benefit payments, cut processing times, and reduce complexity.
A ratings firm has placed more prominence on governance in its fund ratings, highlighting that it’s not just about how much money a fund makes today, but whether the people running it are trustworthy, disciplined, and able to deliver for members in the future.
AMP has reached an agreement in principle to settle a landmark class action over fees charged to members of its superannuation funds, with $120 million earmarked for affected members.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
76.97 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
76.46 3 y p.a(%)
3
UBS Solactive Global Pure Gold Miners UCITS ETF Dis USD
51.13 3 y p.a(%)
4
Global X GlobalX FANG+ ETF
45.15 3 y p.a(%)
5
Select Baker steel Gold Institutional
43.78 3 y p.a(%)
