BNP Paribas Securities Services is moving ahead with a key element of its embrace of blockchain/distributed ledger technology (DLT) via the completion of an initial phase of its partnership with SmartAngels, the Paris-based maker of a crowdfunding platform for equities. For their first deliverable, BNP Paribas Securities Services and SmartAngels are launching a share register… Read More >>
BNP Paribas Securities Services Fills Key Americas Post
BNP Paribas Securities Services Appoints Head of Americas Region BNP Paribas Securities Services, which tallies over $9 trillion in assets under custody, reports the appointment of Claudine Gallagher as head of its Americas region, in addition to her existing mandate as head of securities services North America. “In this expanded role, Gallagher assumes responsibility for… Read More >>
BNP Paribas Subsidiary & Calypso Develop Post-Trade Suite
BNP Paribas Securities Services has partnered with Calypso Technology to provide global, sell-side institutions with a post-trade processing solution that encompasses clearing, custody, and middle- and back-office services. The BNP group is a multi-asset servicing specialist that is a wholly owned subsidiary of the BNP Paribas Group. The subsidiary’s multi-asset class operating model, which covers… Read More >>
BNP Paribas Unit Tests DLT for Mini-bond Platform
In a bold step, BNP Paribas Securities Services has struck a partnership with renewable energy crowdfunding providers Lendosphere, Enerfip and Lumo to enable private companies to issue mini-bonds through distributed ledger technology (DLT). The platform, which is set to launch at the end of the year, aims to have transactions conducted more securely as well… Read More >>
NY Senate Confirms Superintendent of Financial Services
Acting Superintendent Takes Permanent Post The New York State Senate has confirmed Maria T. Vullo to be superintendent of the New York State Department of Financial Services (DFS). As superintendent, Vullo, who has been acting superintendent since being nominated by Governor Andrew Cuomo to head the department last February, is “responsible for regulating more… Read More >>
Commerzbank Staff May Join BNP Paribas Securities Services as G2 FinTech Adds to Advisory Board
Commerzbank’s Depotbank Staff May Join BNP Paribas Securities Services BNP Paribas Securities Services last week acquired Commerzbank’s Depotbank business for German domiciled UCITS and institutional funds, securities funds and open-ended real estate funds and will be giving more than 80 Commerzbank employees involved in those activities the opportunity to join the global custodian bank, officials… Read More >>
DTCC Has Five New Board Members as American Century Looks for a Chief Investment Officer
DTCC Fills Deriv/Serv Post and Board Vacancies Industry veteran Peter Tierney has been appointed regional head of Asia for DTCC’s Deriv/Serv, and will serve as head of business operations in Asia, officials say. Tierney, who will be based in Singapore, will report to Stewart Macbeth, CEO for DTCC Deriv/Serv. Tierney has more than two decades… Read More >>
