Soc Gen Unveils Buy-Side Outsourcing Service

According to SSGS, asset managers are looking to outsource operational functions, leverage providers to reduce the costs associated with maintaining their back-office systems, and develop web functionalities ─ all in order to remain competitive. In response, SGSS has developed a front-to-back office wealth management offering in the UK to provide a best-of-breed portfolio management platform in partnership with JHC, the London-based provider of technology and services to the local investment management and stockbroking community.
The modular suite of services covers the following areas:
• Integrated execution services and liquidity support
• Middle back-office services
• Segregated portfolio processing
• Master books and record
• Multi-product clearing and settlement processing
• Global settlement and local custody with multi-currency capabilities
• Fund administration services
Additional services include: foreign-exchange (FX) services; liquidity and securities lending; asset servicing and reporting services; and risk and regulatory reporting.
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