24 October 2017
visit www.response.ncr.com

BNP Paribas introduces India clearing and custody service

20 April 2011  |  2982 views  |  0 Source: BNP Paribas Securities Services

BNP Paribas Securities Services today announced the launch of its local clearing and custody service in India.

With the service now operational, the Bank's clients are benefiting from local clearing and custody for a range of asset classes including cash equities and corporate debt instruments.

The development is a major milestone in BNP Paribas Securities Services' strategy towards becoming a leading player in the fast-expanding Indian asset servicing market, and is a key extension of its global network.

Commenting on the development, Pierre-Alexandre Thome, Head of BNP Paribas Securities Services in Mumbai said "We are delighted to announce the launch of our local clearing and custody service in India, and see this as another important step forward in our commitment to the region.

"We think India is one of the most exciting and dynamic markets in the world, and we are pleased to extend the same high quality service to both domestic and off-shore investors here, as we do in the rest of the world."

By continuously improving its range of products and services across each of its locations as well as extending its local presence, BNP Paribas Securities Services aims to provide its clients with the same world-class solutions across the globe.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.niceactimize.comvisit www.fivedegrees.nl

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
19897 views comments | 31 tweets | 43 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
15306 views comments | 23 tweets | 32 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
11041 views comments | 12 tweets | 23 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
9156 views comments | 15 tweets | 29 linkedin

Featured job

Competitive
New York, NY - USA (some flexibility on location)

Find your next job