BNP Paribas Securities Taps SimCorp for Accounting Management

Securities services arm of BNP Paribas deploys Dimension platform across accounting activities.

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BNP Paribas has made investment in technology a key priority for its growth strategies.

BNP Paribas Securities Services has implemented SimCorp’s Dimension platform to manage accounting operations on behalf of its buy-side clients.

The asset servicing arm of BNP Paribas will utilize the SimCorp Dimension platform for its integrated accounting operations. The French bank will utilize a number of the provider's related services, as well.

"Our focus on building flexible solutions for our clients led us to selecting SimCorp Dimension," said Philippe Ricard, global head of asset and fund services at BNP Paribas Securities Services. "Implementing SimCorp Dimension will help us further automate and streamline accounting processes in order to better support our institutional customers."

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