SGSS Italy secures custody mandate from BSI Wealth Family
BSI Wealth Family SIM has appointed Societe Generale Securities Services in Italy to provide personalised custody and settlement services.
BSI SIM is a financial intermediary firm entirely controlled by Switzerland-based bank BSI, which has been part of the Generali Group since 1998.
SGSS said it was retained by BSI SIM for its ability to rationalize and optimize post-trading services related to custody and settlement, as well as for its flexibility in adapting its services to clients' precise needs and objectives.
SGSS adds that in Italy it offers a complete range of securities services including clearing, custody and trustee services, fund administration, liquidity management and transfer agent services.
Recently, SGSS has been mandated to provide a range of services to Allianz Global Investors Investments Europe (AllianzGI IE) in France and Italy.
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