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SGSS picks up South African mandate


27 June 2013 South Africa
Reporter: Georgina Lavers

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Image: Shutterstock
Societe Generale Securities Services (SGSS) in South Africa has been mandated by Trifecta Capital Services to provide custody services.

These services will initially be provided in South Africa, with further implementation planned in other jurisdictions where Trifecta Capital Services is present.

SGSS was retained by Trifecta Capital Services for its expertise in providing securities services in South Africa and its expanding presence in sub-Saharan Africa. It also ecently extended services in Mauritius, Ghana and Tunisia.

Trifecta Capital Services provides outsourced services for private and public sector clients, with offices in South Africa, Kenya and Europe.

It delivers outsourced services in revenue management, asset return, transfer secretarial services, corporate actions and shareholder administration to private and public sector clients, which include banks, telecommunication companies, insurance and assurance companies, as well as fund administrators and governments.

Trifecta Capital Services administers more than 2 million accounts annually.
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