BNP Paribas wins Henderson Group mandate

Source: BNP Paribas Securities Services

BNP Paribas Securities Services (BNP Paribas) is delighted to have been appointed by Henderson Group as exclusive service provider for Henderson Global Investors' investment operations and related banking services, excluding services for hedge funds.

The new contract with Henderson brings an added dimension to the partnership between the two organisations. In addition to providing a full range of investment operations services, and related banking services such as custody, securities lending, cash and foreign exchange. BNP Paribas will also enhance its global distribution contribution to Henderson's products.

Building on a stable service and its in-depth knowledge of Henderson's investment operations, BNP Paribas now offers a single, strategic global operating model to support Henderson's future growth and development. In addition, Henderson will benefit from access to banking related services - cash and treasury management, and FX - delivered by a universal global bank.

Andrew Formica, Chief Executive of Henderson Group says, "As we look to grow and expand our business it is important that we have strong and strategic support from our partners to ensure we provide the highest level of service to our clients. After extensive due diligence it is clear BNP Paribas provides an excellent partner to meet our ambitions for our business and the service standards our clients expect."

Commenting on the new contract, Patrick Colle, head of BNP Paribas Securities Services in the UK said, "The agreement marks a new stage in our long-standing relationship with Henderson, a client who is at the heart of our global strategy and UK business plans. This strategic partnership between our two organisations gives us the exclusive opportunity, not only to develop new services and accompany Henderson in their future growth, but also to invest in our client's own products. This partnership further strengthens our collaboration and underlines our full commitment to Henderson's future success."

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