BNP Paribas Securities Services has expanded its private capital offering with a stake in fintech AssetMetrix.
The partnership will enable BNP Paribas Securities Services to expand and digitalise its services to private capital clients and investors.
By using AssetMetrix technology and web services within its private capital business, BNP Paribas will provide clients with analytics and reporting tools that focus on the analysis of non-listed investments.
Asset manager clients will also be able to provide their end investors with access to reporting tools for oversight of their investments.
Philippe Benoît, head of strategic business development and transformation at BNP Paribas Securities Services, said: “This partnership is an excellent example of the work we are doing with leading fintechs to expand and digitalise our offering and give our clients access to the latest technologies. It also highlights our commitment and capacity to continually develop our multi-asset class offering to meet our clients’ changing needs.”
Emmeram von Braun, founder and managing director of AssetMetrix, added: “This strategic partnership with BNP Paribas Securities Services is an important next step to further develop our independent platform and associated services. It is also an opportunity for us to continue to expand in Europe and enter the Asia-Pacific markets. “
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