BNP Paribas Securities Services, 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 for all participants in the investment cycle, from the buy-side and sell-side to 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 September 2015: USD 8.8 trillion assets under custody, USD 1.9 trillion assets under administration, 8,134 administered funds and 8,800 employees.
Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions—underpinned by the world’s largest delivery network—Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With more than 358,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Its home page iswww.accenture.com.
Bloomberg, the global business and financial information and news leader, gives influential decision makers a critical edge by connecting them to a dynamic network of information, people and ideas. The company’s strength – delivering data, news and analytics through innovative technology, quickly and accurately – is at the core of the Bloomberg Professional service, which provides real time financial information to more than 320,000 subscribers globally. Headquartered in New York, Bloomberg employs more than 15,500 people in 192 locations around the world. Bloomberg STP is a real-time multi-asset class platform that streamlines Fixed Income, Equities, Derivatives (ETD & OTC), Repo, and FX post-trade workflows.
Broadridge Financial Solutions, Inc. (NYSE:BR) is the leading provider of investor communications and technology-driven solutions for broker-dealers, banks, mutual funds and corporate issuers globally. Broadridge’s investor communications, securities processing and business process outsourcing solutions help clients reduce their capital investments in operations infrastructure, allowing them to increase their focus on core business activities. With over 50 years of experience, Broadridge’s infrastructure underpins proxy voting services for over 90% of public companies and mutual funds in North America, and processes more than $5 trillion in fixed income and equity trades per day. Broadridge employs approximately 6,700 full-time associates in 14 countries.
For more information about Broadridge, please visit www.broadridge.com.
Clearstream is a successful securities services supplier with consistently high ratings. We provide customers in more than 100 countries with access to 54 domestic markets and the international securities market.
We deliver Vestima, our innovative investment funds suite, plus award-winning collateral management and securities lending through our Global Liquidity Hub. Clearstream is now collaborating with leading market infrastructures worldwide to create sustainable and competitive solutions that address the global collateral challenge.
Clearstream has offices in Luxembourg, Cork, Dubai, Frankfurt, Hong Kong, London, New York, Prague, Singapore, Tokyo and Zurich.
With over 40 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From operating facilities, data centers and offices in 16 countries, DTCC, through its subsidiaries, automates, centralizes, and standardizes the post-trade processing of financial transactions, mitigating risk, increasing transparency and driving efficiency for thousands of broker/dealers, custodian banks and asset managers worldwide. User owned and industry governed, the firm simplifies the complexities of clearing, settlement, asset servicing, data management and information services across asset classes, bringing increased security and soundness to the financial markets.
In 2014, DTCC's subsidiaries processed securities transactions valued at approximately US$1.6 quadrillion. Its depository provides custody and asset servicing for securities issues from over 130 countries and territories valued at US$64 trillion. DTCC's global trade repository maintains approximately 40 million open OTC positions and processes roughly 280 million messages a week.
Follow us on Twitter @The_DTCC.
KPMG's Global Financial Services practice has more than 36,500 partners and professionals, providing audit, tax and advisory services to retail banking, corporate and investment banking, investment management and insurance sectors. We leverage the vast knowledge, skills and experience across our global network of firms to help clients to identify and to address their most complex business problems with confidence.
KPMG is a global network of professional services firms providing Audit, Tax and Advisory services. We operate in 155 countries and have 174,000 people working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.
Monte Titoli is a leading Central Securities Depository in the European Post-Trade industry with €3.4 billion of assets under custody and offers pre-settlement, settlement, custody, asset and tax services and collateral management services covering the T2S markets for a large domestic and international client base of 400 banks, brokers, market infrastructures and 2,000 issuers.
Monte Titoli has been the largest European CSD to successfully join wave 1 of T2S with over 95% of settlement volumes in the new settlement platform.
Monte Titoli aims to strengthen its presence in Europe by serving its clients with a full set of core and added value services for all T2S markets. The CSD runs its proprietary collateral management platform X-COM and has already launched a triparty repo.
Monte Titoli is part of London Stock Exchange Group.
Visit us @ www.lseg.com/monte-titoli
Traiana, Inc. (www.traiana.com) provides global banks, broker/dealers, buy-side firms and trading platforms with services to monitor pre- trade risk and automate post-trade processing of financial transactions in listed and over-the-counter trading markets. Traiana's solutions and the Harmony Network have become the market standard for post-trade processing of foreign exchange, exchange traded derivatives, fixed income, CDS and synthetic and cash equity transactions. Traiana, an ICAP company, is headquartered in New York and has offices in London, Hong Kong, Singapore and Tel Aviv.
Trax is a leading provider of capital market data, trade matching and regulatory reporting services to the global securities market. In 2015, Trax processed 1.1 billion transactions on behalf of its user community, including 13.3 million fixed income transactions. Trax estimates that it processes approximately 65% of all fixed income transactions in Europe as part of its post-trade service offering.
Trax is planning on registering as an Approved Publication Arrangement (APA) and also working in close collaboration with the industry to develop unique tools for Systematic Internaliser (SI) determination. Trax is currently an Approved Reporting Mechanism (ARM) under MiFID I and will continue its ARM regulatory status to comply with MIFID II.
Trax is based in London and was originally established in 1985. Acquired by MarketAxess in 2013, Trax is a trading name of Xtrakter Ltd. and is a wholly owned subsidiary of MarketAxess Holdings, Inc. For more information, please visit www.traxmarkets.com.
Best Execution – where the buyside and sellside meet.
Best Execution reviews the isNew Linksues that impact the achievement of best execution in the global securities markets throughout the trading lifecycle (from pre-trade to trade execution to post-trade). Increasingly driven by regulation we report on the seismic shifts that are occurring in capital markets across asset classes, with a key focus on the cutting-edge technology solutions and services that are needed to meet these changes.
International Securities Services is a specialist publication dedicated to providing news and analysis on the securities services industry. We cover developments in custody, asset servicing, data management, operations, clearing and settlement, technology and regulations worldwide.
The European Association of CCP Clearing Houses (EACH) represents the interests of Central Counterparties (CCPs) in Europe since 1992. CCPs are financial market infrastructures that significantly contribute to safer, more efficient and transparent global financial markets. EACH works with public authorities and industry stakeholders in order to:
EACH currently has 20 members from 15 different European countries and is registered in the European Union Transparency Register with number 36897011311-96.
ECSDA, the European Central Securities Depositories Association, represents 41 national and international central securities depositories (CSDs) across 37 European countries. The association provides a forum for European CSDs to exchange views and take forward projects of mutual interest. It aims to promote a constructive dialogue between the CSD community, market participants, European public authorities and all other stakeholders looking to achieve an optimal regulatory framework for clearing and settlement. CSDs are financial market infrastructures which act as the first point of entry for newly issued securities and subsequently ensure the settlement and safekeeping of these securities. They thus play a vital role in supporting safe and efficient securities transactions, whether domestic cross-border. More information on ECSDA is available at http://ecsda.eu
ICMA is the only trade association to grow up alongside the development of the cross-border capital markets. Not linked to any one national market, ICMA has promoted the development of efficient global capital markets for close to 50 years. ICMA’s code of industry-driven rules and recommendations is followed by its members and sets the recognised standard for best practice in the primary, secondary and repo markets for international fixed income and related instruments.
ICMA represents the interests of some 500 in approximately countries including:
Formed in 1989, ISLA has approximately 100 members comprising of insurance companies, pension funds, asset managers, banks, securities dealers and service providers representing more than 4,000 underlying clients. While based in London, ISLA represents members from more than twenty countries in Europe, the Middle East and North America.
ISLA’s aims include: