BNP Paribas Securities Services licenses Myriad

Source: Myriad Group Technologies

Myriad Group Technologies Limited announces the signing of an Agreement for BNP Paribas Securities Services to licence Myriad, the global platform for Network Management at Banks, Brokers and other major Financial Institutions.

Dominique Ansiaux, Global Head of Network Management, Clearing and Custody Services at BNP Paribas Securities Services said: "We have been working with MYRIAD through RFP, selection and proof-of-concept all year. Our project is focussed on Fee Management and MYRIAD's capabilities in this respect match our requirements. MYRIAD's sophistication and flexibility helped our choice and we look forward to a successful relationship in the coming years."

Simon Shepherd, CEO of MYRIAD said: "For some time now we have been broadening our functionality to appeal to an ever wider spectrum of Clients and Prospects. Addressing the business needs of BNP Paribas Securities Services is a natural extension of where we have been for the last 4 or 5 years. Winning a mandate to implement in Europe is also exciting and shows how we can accommodate international business."

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