According to Societe Generale Securities Services, the service is aimed at mid-tier wealth and investment fund managers and spans “the full post-trade value-chain from global execution to global custody”.
Mike Le Garignon, head of sales, business development & relationship management in the UK for SGSS, said that the group aims to provide clients with both operational efficiencies and business opportunities.
“Mid-tier wealth and investment managers, private banks, direct dealing/broking firms and advisory firms will benefit from key operational, cost, risk and time benefits by subscribing to this outsourcing solution.As a result, they can be more end-investor oriented and focus budgets and management time on client-facing duties and functions, thus enhancing their competitive positioning,” SGSS said.
The suite of services consist of modular products that cover the full range of risk and regulatory reporting to execution and administration services.