Credit Suisse’s German Buy-side Unit Outsources Admin to Societe Generale

Credit Suisse Asset Management's operation in Germany has signed a contract with Societe Generale's Societe Generale Securities Services (SGSS) for fund administration services.

The Credit Suisse buy-side unit, Credit Suisse (Deutschland) AG, will outsource its internal administration operations to SGSS. Under the agreement, SGSS will provide services including ASP-delivered front-office tools, fund administration and reporting.

The deal is expected to complete on 30 September this year. SGSS

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