Source: BNP Paribas

BNP Paribas Securities Services Overhauls Liquidity Management Offering

PARIS, FRANCE--(Marketwired - Sep 29, 2014) - BNP Paribas Securities Services, a leading custodian with USD 9.5 trillion in assets under custody, today announced the launch of 'Liquidity Access', a comprehensive solution designed to help banks and broker dealers manage and monitor their liquid assets.

The launch comes as new regulations, such as Basel III and Dodd Frank, require market participants to hold more liquid assets, closely monitor their liquidity ratios and anticipate the evolution of their liquidity positions.

Florence Bonnevay, Head of market and financing services at BNP Paribas Securities Services, commented: "We are seeing huge demand from our clients to help them rethink the way they manage and monitor their liquid assets. The market is changing and so are we. We have devised a comprehensive liquidity solution, which enables our clients to anticipate their liquidity needs, take advantage of new liquidity facilities and optimise their cashflows."

Liquidity Access is based around three pillars:

Anticipate. Reporting tools such as treasury cash forecasts and an intra-day liquidity reporting service give clients a clear view of the cash and liquid assets at their disposal, across territories, time zones and accounts.

Optimise. Clients can choose from our range of cash consolidation solutions allowing them to manage their cash flows more efficiently across accounts held with BNP Paribas.

Leverage. A consolidated view of accounts across jurisdictions allows clients to access new, secured funding possibilities while also benefiting from structured, transparent credit lines (both intra-day and overnight).

Liquidity Access is available to bank and broker clients of BNP Paribas Securities Services and is offered alongside their comprehensive global and local custody offering and a range of value added services. The suite is designed to be unbundled into component services to create bespoke offers to suit individual clients' needs.

About BNP Paribas

BNP Paribas has a presence in 75 countries with more than 180,000 employees, including more than 140,000 in Europe. It ranks highly in its three core activities: Retail Banking, Investment Solutions and Corporate & Investment Banking. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail banking model across Mediterranean basin countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Investment Banking and Investment Solutions activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas and solid and fast-growing businesses in Asia-Pacific.

About BNP Paribas Securities Services

BNP Paribas Securities Services (http://securities.bnpparibas.com), a wholly-owned subsidiary of the BNP Paribas Group, is a leading global custodian and securities services provider backed by the strength of a universal bank. It provides integrated solutions to all participants in the investment cycle including the buy-side, sell-side, corporates and issuers. Covering over 100 markets, with our own offices in 34 countries, the BNP Paribas network is one of the most extensive in the industry. We bring together local insight and a global network to enable clients to maximize their market and investment opportunities worldwide. Key figures as of 30 June 2014: USD 9.5 trillion assets under custody, USD 1.5 trillion assets under administration, 7,067 administered funds and 8,225 employees

The information contained within this document ('information') is believed to be reliable but BNP Paribas Securities Services does not warrant its completeness or accuracy. Opinions and estimates contained herein constitute BNP Paribas Securities Services' judgment and are subject to change without notice. BNP Paribas Securities Services and its subsidiaries shall not be liable for any errors, omissions or opinions contained within this document. This material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. For the avoidance of doubt, any information contained within this document will not form an agreement between parties. Additional information is available on request.

BNP Paribas Securities Services is incorporated in France as a Partnership Limited by Shares and is authorised and supervised by the ACPR (Autorité de Contrôle Prudentiel et de Résolution) and the AMF (Autorité des Marchés Financiers).

BNP Paribas Securities Services, London branch is authorised by the ACPR, the AMF and the Prudential Regulation Authority and is subject to limited regulation by the Financial Conduct Authority and Prudential Regulation Authority. Details about the extent of our authorisation and regulation by the Prudential Regulation Authority and regulation by the Financial Conduct Authority are available from us on request. BNP Paribas Securities Services, London branch is a member of the London Stock Exchange. BNP Paribas Trust Corporation UK Limited (a wholly owned subsidiary of BNP Paribas Securities Services), incorporated in the UK is authorised and regulated by the Financial Conduct Authority.

In the U.S., BNP Paribas Securities Services is a business line of BNP Paribas which is incorporated in France with limited liability. Services provided under this business line, including the services described in this document, if offered in the U.S., are offered through BNP Paribas, New York Branch, 787 Seventh Avenue, New York, New York 10019 (which is duly authorized and licensed by the State of New York Department of Financial Services) or if a securities product, through BNP Paribas Securities Corp. or BNP Paribas Prime Broker, Inc., each of which is a broker-dealer registered with the Securities and Exchange Commission and a member of SIPC and the Financial Industry Regulatory Authority.