BNP Paribas’s Securities Services business has been selected to provide ABN AMRO Investment Solutions with a range of dealing and middle office outsourcing services. These services will be connected seamlessly with ABN AMRO Investment Solutions via BlackRock Aladdin®, the technology platform selected by ABN AMRO Investment Solutions to unify its investment management processes.
This partnership is in line with ABN AMRO Investment Solutions’ strategic plan by 2026, which is structured around top priorities including the optimisation of its technological infrastructure and tools.
As a European pioneer in multi-management and sub-advisory for 25 years, ABN AMRO Investment Solutions has continuously enhanced its technology capabilities. In this context, the company selected the best market-leading partners and chose to outsource its middle and front-office activities with the latest solutions.
Thanks to its connection to BlackRock Aladdin®, BNP Paribas’s Securities Services teams will provide ABN AMRO Investment Solutions with a fully integrated investment management solution across its front and middle office.
Arnaud Claudon, Head of Asset Owners and Managers Client Lines, Securities Services, at BNP Paribas, commented: “We want to provide our clients with innovative solutions that enable them to seamlessly connect their front, middle and back office and eliminate the risks that come with duplication of information and repetitive manual inputs.
“Thanks to our innovative operating model, our clients can now use BlackRock Aladdin® to inform investment decisions across asset classes while taking advantage of our middle and back-office capabilities and multi-local expertise in a fully integrated end-to-end investment management environment.
“We are delighted to have been selected by ABN AMRO Investment Solutions for dealing and middle office outsourcing and enable their front to middle office connectivity.”
Elisa Alonso Sanz, Chief Operating Officer at ABN AMRO Investment Solutions, says: “We selected BNP Paribas for its ability to help us connect our front and middle office flawlessly. This connectivity between our front and middle office will help us enhance operational efficiency and speed up trade processing.
“This is a new milestone in our development: benefitting from state-of-the-art infrastructure and technologies thanks to strategic partners will help us to focus on added-value activities”.
BNP Paribas’s Securities Services business has a long-standing relationship with ABN AMRO Investment Solutions and already provides the asset management firm with dealing desk services to help the asset manager execute trades and source liquidity.