BNP Paribas Securities Services has implemented the SimCorp Dimension solution for managing its clients’ accounting operations.
The bank will use SimCorp’s solution to add to its integrated accounting offering, and for other services within its product suite, leading to a more flexible service.
SimCorp was selected after an evaluation process intended to validate its performance and functional relevance for BNP Paribas’s main business objectives.
Philippe Ricard, global head of asset and fund services at BNP Paribas Securities Services, said: "Implementing SimCorp Dimension will help us further automate and streamline accounting processes in order to better support our institutional customers.”
Emmanuel Colson, managing director at SimCorp for France and Western Europe, added: "We are delighted to welcome BNP Paribas Securities Services to our client community.”
“We are pleased that SimCorp’s large continuous investments in [research and development] enable us to provide a flexible, modular and automated solution that BNP Paribas Securities Services can rely on to strengthen its position."
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