Petercam Bank selects BinckBank as custodian
Petercam Bank N.V. (Petercam) has chosen BinckBank N.V. (BinckBank) as its serviceprovider and custodian for all its customers. BinckBank will facilitate both execution and administration of securities transactions for Petercam's customers via its online platform. Both companies foresee a solid basis for a longterm partnership with improvements for Petercam's customers at lower costs. The implementation is scheduled in the fourth quarter of this year.
In this new partnership Petercam is able to entirely focus on its customer needs and tailor made services in the area of wealth management.
Petercam's customers will experience added value of the partnership with BinckBank as they get online and realtime access to their investment portfolio, streaming quotes and other content, e.g. financial news.
Bart Tishauser, Managing Director Petercam
"Petercam always aims for optimalisation of its service and performance for our customers. As we are extending our wealth management operations -we will open a branch in Eindhoven- the partnership with BinckBank fits extremely well in this strategy. Petercam can focus its attention entirely on providing wealth management services to our customers."
Pieter Aartsen, Member of the Management Board of BinckBank
"Petercam is another well known financial-player in the business of wealth management that has chosen to provide its customers with our securities processing which is technically highclass. In our opinion Petercam's choice is the first building block for of a long term partnership".
Petercam
Petercam Bank N.V. is an independant investment bank belonging to the Petercam Group, in its own right a leading and independant provider of financial services. Since Petercam was founded in 1968 it has established offices in several European countries. Petercam's partnership is made up out of 17 active partners who in turn are responsible not only for laying down the key strategy of the company but they also play a vital role in the daily management.
Petercam's core activities are private and institutional asset management, corporate finance and financial markets. The Petercam Group has approximately a total of 15 billion Euros assets under management, and has 450 employees.
In 1999 Petercam started their activities in The Netherlands specialising in advising both private and business clients as well as professional investors from their offices in Amsterdam. Further expansion was realised in 2007 when the Rotterdam office was opened; at the end of this year Petercam is going to extend its coverage further by opening a third office in Eindhoven. The offices in Rotterdam and Eindhoven will focus largely on asset management services for private individuals, small companies and foundations, whilst the Amsterdam offices will additionally continue to service the professional clients. For the private investors the account management and asset management is performed with a high level of efficiency by an expert team of specialists.
More information regarding Petercam is available at www.petercam.nl
BinckBank N.V.
BinckBank N.V. is an online bank for investors and is ranked among the top five in Europe. As an online broker, we offer our customers fast and low-cost access to all the main financial markets worldwide. As an asset management bank, we also provide our customers with support relating to managing their assets via online asset management and savings services. In addition to fast and low-cost order executive, we offer professional customers administrative processing of securities and cash transactions either through an outsourcing variant (BPO) or through licensing the related software.
BinckBank was founded in 2000 and serves more than 390,000 investors and savers as of the first quarter of 2010. BinckBank's business activities are conducted through its Retail and Professional Services business units.
BinckBank Professional Services provides services to professional customers such as asset managers, banks and insurers. BinckBank Professional Services supplies an online product that carries out both the processing of securities and cash transactions and the complete securities-related administrative process for these customers so they can focus fully on their core activities. The services are completely white-label and can be tailor-made to match the customer's requirements. BinckBank offers these services to professionals in both the Netherlands and Belgium.
For more information about BinckBank Professional Services, please visit: www.binckprof.nl
Petercam press office
Bart Tishauser
T + 31 20 - 5735 501
M + 31 6 - 53 24 74 13
BinckBank press office
Harmen van der Schoor
T + 31 20 - 522 03 78
M + 31 6 - 10 11 73 63
E hvdschoor@binck.nl
