ProCapital selects BNP Paribas’ Securities Services
20 March 2025 Europe
Image: Kiattisak/stock.adobe.com
BNP Paribas’ Securities Services business has been mandated by ProCapital, an investment services provider and subsidiary of Crédit Mutuel Arkéa, to provide a wide range of services in Europe.
The mandate covers European markets and includes local and global custody, clearing, securities lending, AutoForex, execution and clearing of listed derivatives.
ProCapital will have access to BNP Paribas’ Execution-to-Custody solution, which ensures the integration of cash equities trade execution in Germany, Switzerland, and Austria with their local and global custody.
The solution, combining the execution capabilities of the Global Markets business line with the custody and settlement offer of the Securities Services business, allows ProCapital to streamline and automate transaction flows, from execution to settlement.
ProCapital also leverages the centralised booking model offered by Securities Services, which provides direct access to multiple European markets through a unique infrastructure for clearing, settlement, and local custody.
This new mandate extends ProCapital‘s relationship with BNP Paribas — the Securities Services business has been providing the firm with local and global custody services in the US since 2021.
Alexandre Grimault, chairman of the management board and CEO at ProCapital, says: “Following our first successful collaboration in North American markets, we are delighted to expand our partnership with BNP Paribas to new markets.
“BNP Paribas’ teams and ProCapital share the same commitment to delivering ever greater service quality and agility to our clients.”
Pauline Bernard, regional head of France and Belgium, Securities Services, BNP Paribas, adds: “With this new mandate, we are pleased to strengthen our trusted relationship with ProCapital, with whom we share common values of professionalism, rigour and client satisfaction.
“We are committed to harness the strengths of our integrated banking model and the multi-local expertise of our teams to support ProCapital’s growth strategy.”
The mandate covers European markets and includes local and global custody, clearing, securities lending, AutoForex, execution and clearing of listed derivatives.
ProCapital will have access to BNP Paribas’ Execution-to-Custody solution, which ensures the integration of cash equities trade execution in Germany, Switzerland, and Austria with their local and global custody.
The solution, combining the execution capabilities of the Global Markets business line with the custody and settlement offer of the Securities Services business, allows ProCapital to streamline and automate transaction flows, from execution to settlement.
ProCapital also leverages the centralised booking model offered by Securities Services, which provides direct access to multiple European markets through a unique infrastructure for clearing, settlement, and local custody.
This new mandate extends ProCapital‘s relationship with BNP Paribas — the Securities Services business has been providing the firm with local and global custody services in the US since 2021.
Alexandre Grimault, chairman of the management board and CEO at ProCapital, says: “Following our first successful collaboration in North American markets, we are delighted to expand our partnership with BNP Paribas to new markets.
“BNP Paribas’ teams and ProCapital share the same commitment to delivering ever greater service quality and agility to our clients.”
Pauline Bernard, regional head of France and Belgium, Securities Services, BNP Paribas, adds: “With this new mandate, we are pleased to strengthen our trusted relationship with ProCapital, with whom we share common values of professionalism, rigour and client satisfaction.
“We are committed to harness the strengths of our integrated banking model and the multi-local expertise of our teams to support ProCapital’s growth strategy.”
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