Allianz appoints BNP Paribas as UK asset servicing partner
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Allianz appoints BNP Paribas as UK asset servicing partner 26 September 2025UK Reporter: Carmella Haswell
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BNP Paribas’ Securities Services business has welcomed a mandate with Allianz UK to provide a wide range of asset services in the UK.
These services include global custody, agency securities lending, auto foreign exchange, continuous linked settlement and cash services.
In the UK, Allianz is one of the largest general insurers and provides both personal and commercial insurance solutions.
The Securities Services business will assist Allianz in delivering specialised asset servicing expertise, and customised reporting solutions via BNP Paribas’ NeoLink client platform.
By integrating the bank’s applications, other fintech services, artificial intelligence and omni-channel connectivity, NeoLink creates tailored dashboards and analytics, and facilitates more effective investment decision making.
Arnaud Claudon, head of asset managers and asset owners client lines, Securities Services, BNP Paribas, says: “Our client-oriented service approach, coupled with our state-of-the-art NeoLink client portal, provides Allianz with the combined market expertise and technology-driven solutions they need to achieve operational excellence when managing their assets.
“Our trusted partnership with Allianz is already well-established in core markets such as Germany, Italy, and Belgium. This new mandate in the UK reflects our strong capability in the EMEA region, as we continue to grow as a European global custodian of choice.”
Acting as the sole custodian bank for the UK investment accounts, BNP Paribas has confirmed the completion of the onboarding process.
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