Comprehensiveness is a moving target in the financial markets.
Five years ago, BNP Paribas Securities Services looked to expand its offering in the United States. Today, that portfolio includes US domestic custody, global custody booked in the US, collateral management, securities lending, middle-office outsourcing and hedge fund administration.
Where it’s still lagging the competition is in the 40 Act fund administration space, but Patrick Colle, chief executive officer of BNP Paribas Securit
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