ABN AMRO Investment Solutions has selected BNP Paribas’s Securities Services to provide its dealing and middle-office outsourcing services.
The services will be connected with ABN AMRO Investment Solutions via BlackRock Aladdin, ABN AMRO Investment Solutions’ chosen platform to unify its investment management processes.
The partnership is in line with ABN AMRO Investment Solutions’ strategic plan, which includes the optimisation of its technological infrastructure and tools by the year 2026.
Arnaud Claudon, head of asset owners and managers client lines, Securities Services, at BNP Paribas, comments: “We want to provide our clients with innovative solutions that enable them to seamlessly connect their front, middle and back office and eliminate the risks that come with duplication of information and repetitive manual inputs.
“Thanks to our innovative operating model, our clients can now use BlackRock Aladdin to inform investment decisions across asset classes while taking advantage of our middle- and back-office capabilities.
Elisa Alonso Sanz, chief operating officer at ABN AMRO Investment Solutions, says: “We selected BNP Paribas for its ability to help us connect our front and middle office flawlessly. This connectivity between our front and middle office will help us enhance operational efficiency and speed up trade processing.”
