Euromobiliare SGR selects BNP Paribas for collateral management services
20 July 2018 London
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BNP Paribas 麻豆传媒 Services has won a clearing and collateral management mandate from Euromobiliare SGR.
BNP Paribas 麻豆传媒 Services will provide clearing, collateral management, valuation, and portfolio reconciliation services for Euromobiliare鈥檚 over-the-counter (OTC) derivatives transactions.
Fulvio Albarelli, CEO and general manager, of Euromobiliare Asset Management SGR, said: "Our goal of providing increasingly efficient and innovative solutions to savers will benefit from the collaboration with BNP Paribas 麻豆传媒 Services in the OTC derivatives business.鈥�
鈥淭he union of the respective experiences and professionalism will allow us to continue to create value over time for our customers and our distribution networks.鈥�
Stefano Catanzaro, general manager of BNP Paribas 麻豆传媒 Services, Italy, commented: "We are delighted to have won this mandate from Euromobiliare SGR, one of the most important asset management companies in Italy.鈥�
鈥淓uromobiliare SGR is the first Italian asset manager to utilise the full suite of services of BNP Paribas 麻豆传媒 Services along with our market leading OTC derivatives clearing service, helping them to efficiently manage their collateral and meet the European Market Infrastructure Regulation (EMIR) requirements.鈥�
Gaspard Bonin, deputy global head of derivatives execution and clearing, BNP Paribas, added: 鈥淲e are pleased that Euromobiliare SGR, a leading Italian asset manager, has appointed us as derivatives clearing broker.鈥�
鈥淓uromobiliare SGR will benefit from the fully integrated suite of investor services BNP Paribas is able to deliver. This mandate confirms BNP Paribas as leading European-based partner of choice for derivatives execution and clearing services across listed and OTC markets.鈥�
BNP Paribas 麻豆传媒 Services will provide clearing, collateral management, valuation, and portfolio reconciliation services for Euromobiliare鈥檚 over-the-counter (OTC) derivatives transactions.
Fulvio Albarelli, CEO and general manager, of Euromobiliare Asset Management SGR, said: "Our goal of providing increasingly efficient and innovative solutions to savers will benefit from the collaboration with BNP Paribas 麻豆传媒 Services in the OTC derivatives business.鈥�
鈥淭he union of the respective experiences and professionalism will allow us to continue to create value over time for our customers and our distribution networks.鈥�
Stefano Catanzaro, general manager of BNP Paribas 麻豆传媒 Services, Italy, commented: "We are delighted to have won this mandate from Euromobiliare SGR, one of the most important asset management companies in Italy.鈥�
鈥淓uromobiliare SGR is the first Italian asset manager to utilise the full suite of services of BNP Paribas 麻豆传媒 Services along with our market leading OTC derivatives clearing service, helping them to efficiently manage their collateral and meet the European Market Infrastructure Regulation (EMIR) requirements.鈥�
Gaspard Bonin, deputy global head of derivatives execution and clearing, BNP Paribas, added: 鈥淲e are pleased that Euromobiliare SGR, a leading Italian asset manager, has appointed us as derivatives clearing broker.鈥�
鈥淓uromobiliare SGR will benefit from the fully integrated suite of investor services BNP Paribas is able to deliver. This mandate confirms BNP Paribas as leading European-based partner of choice for derivatives execution and clearing services across listed and OTC markets.鈥�
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