BNP Paribas and BCC Risparmio & Previdenza form mandate
17 June 2026 Italy
Image: Jasmine/stock.adobe.com
BNP Paribas’ Securities Services business has formed a mandate with BCC Risparmio & Previdenza to provide an integrated suite of services covering €8 billion in assets under administration, including the Aureo open-ended pension fund and Italian-domiciled Undertakings for Collective Investment in Transferable Securities (UCITS) funds.
Under this mandate, Securities Services at BNP Paribas provides BCC Risparmio & Previdenza with services including custody, fund accounting, transfer agency, middle office, and OTC collateral management, as well as depositary bank services.
The offerings also fit into BNP Paribas Group's integrated bank model, supporting SGR’s operational needs from custody to administration, and to investment banking through a single point of contact.
BCC Risparmio & Previdenza, the asset management arm of the BCC Iccrea Group, supports BNP Paribas in developing solutions in asset management and pension, and manages approximately €38 billion in assets.
Andrea Cattaneo, head of Italy, Switzerland, and Iberia, Securities Services, BNP Paribas, comments: “We are pleased to support BCC Risparmio & Previdenza, a key partner in the Italian asset management landscape and the cooperative banking sector.
“This mandate is a testament to the confidence placed in our ability to tailor our offering to the specific needs of each client to ensure operational efficiency.”
Andrea Cecchini, CEO of BCC Risparmio & Previdenza, adds: “We are delighted to sign this agreement with BNP Paribas.
“Leveraging its leading position in Europe, global operating model, and regulatory expertise, its Securities Services team has enabled us to guarantee high service quality to our BCC customers and provides us with complete assistance for our non-Italian law solutions.
“This also marks a new step for us to advance the quality of our products and to answer the evolving needs of our customers.”
Under this mandate, Securities Services at BNP Paribas provides BCC Risparmio & Previdenza with services including custody, fund accounting, transfer agency, middle office, and OTC collateral management, as well as depositary bank services.
The offerings also fit into BNP Paribas Group's integrated bank model, supporting SGR’s operational needs from custody to administration, and to investment banking through a single point of contact.
BCC Risparmio & Previdenza, the asset management arm of the BCC Iccrea Group, supports BNP Paribas in developing solutions in asset management and pension, and manages approximately €38 billion in assets.
Andrea Cattaneo, head of Italy, Switzerland, and Iberia, Securities Services, BNP Paribas, comments: “We are pleased to support BCC Risparmio & Previdenza, a key partner in the Italian asset management landscape and the cooperative banking sector.
“This mandate is a testament to the confidence placed in our ability to tailor our offering to the specific needs of each client to ensure operational efficiency.”
Andrea Cecchini, CEO of BCC Risparmio & Previdenza, adds: “We are delighted to sign this agreement with BNP Paribas.
“Leveraging its leading position in Europe, global operating model, and regulatory expertise, its Securities Services team has enabled us to guarantee high service quality to our BCC customers and provides us with complete assistance for our non-Italian law solutions.
“This also marks a new step for us to advance the quality of our products and to answer the evolving needs of our customers.”
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