SGSS in the UK has been mandated by South African financial services group PSG Konsult, to provide a comprehensive execution and investment administration outsourcing solution for foreign assets.
SGSS follow last weeks' launch of I-DEAL, a new dealing desk outsourcing service for asset and investment managers, with news of a successful mandate.
"At SGSS, our objective is to help our clients grow through adapting their operations to cope with scale, operating risk and regulatory changes," says Michael Le Garignon, head of sales for business development and relationship management at SGSS in the UK. "The need to ensure the sustainability of their operating models is pushing managers and brokers to drive down trade execution fees and carefully outsource investment operations."
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