In a bid to target institutional brokers, banks and broker-dealers, Societe Generale Securities Services (SGSS) has launched a new Global Broker-Dealer Services (BDS) outsourcing solution.
SGSS is making a concerted effort to target specific channels of the industry, namely with its globally integrated services suite – including comprehensive middle-office services, back-office processing and post-trading services.
Moreover, the composition of the newly launched solution encompasses a variety of utility functions, including Execution , Liquidity support, middle and back-office processes, as well as core securities processing and asset servicing.
According to Jason Nabi, Head of Financial Institutions & Brokers for the UK at Societe Generale Securities Services, in a recent statement on the launch, “Mid-tier sell-side firms face a growing challenge to maintain and sustain their business. By outsourcing their full post-trade processes, clients become much more agile in terms of costs and set-up and can thus focus on growth and end-clients’ increasing needs.”
Indeed, SGSS’ partnership with service affiliate back-office provider Accenture Post-Trade Processing (APTP) will help contribute and streamline the group’s scale and efficiency.
