BNP Paribas 麻豆传媒 Services accesses collateral
27 June 2013 London
Image: Shutterstock
BNP Paribas 麻豆传媒 Services has launched its integrated collateral management solution, Collateral Access, for both the buy and sell sides.
鈥≒atrick Colle, CEO at BNP Paribas 麻豆传媒 Services, said: 鈥淧roviding a solution to mitigate counterparty risk remains at the heart of customers鈥 requirements. But our clients expect even more than that from their custodian."
"Optimisation and protection of collateral are becoming critical decision factors; whether long or short, clients want to be able to maximise the use of their assets. Those in need of collateral must best allocate their limited resources or effectively source eligible assets.鈥ㄢ
鈥淧rotection of the collateral portfolio is also a key concern. As a custodian with Global SIFI status and a unique combination of buy- and sell-side clients in our books, we are naturally best placed to safe keep, optimise and transform clients鈥 collateral.鈥濃
鈥℉茅l猫ne Virello, head of collateral management at BNP Paribas 麻豆传媒 Services, said: 鈥淲e are seeing increasing demand from clients to support them with a solution through the entire transaction process鈥攆rom trade capture to reporting, including liquidity solutions.
鈥淐ollateral access allows our clients to be fully compliant with new regulations through limited investments and within a short timeframe. We work with an open model, interfaced with multiple counterparties, clearers, custodians and market infrastructures. It has been carefully designed to address the challenges facing the industry in the years to come.鈥
鈥≒atrick Colle, CEO at BNP Paribas 麻豆传媒 Services, said: 鈥淧roviding a solution to mitigate counterparty risk remains at the heart of customers鈥 requirements. But our clients expect even more than that from their custodian."
"Optimisation and protection of collateral are becoming critical decision factors; whether long or short, clients want to be able to maximise the use of their assets. Those in need of collateral must best allocate their limited resources or effectively source eligible assets.鈥ㄢ
鈥淧rotection of the collateral portfolio is also a key concern. As a custodian with Global SIFI status and a unique combination of buy- and sell-side clients in our books, we are naturally best placed to safe keep, optimise and transform clients鈥 collateral.鈥濃
鈥℉茅l猫ne Virello, head of collateral management at BNP Paribas 麻豆传媒 Services, said: 鈥淲e are seeing increasing demand from clients to support them with a solution through the entire transaction process鈥攆rom trade capture to reporting, including liquidity solutions.
鈥淐ollateral access allows our clients to be fully compliant with new regulations through limited investments and within a short timeframe. We work with an open model, interfaced with multiple counterparties, clearers, custodians and market infrastructures. It has been carefully designed to address the challenges facing the industry in the years to come.鈥
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