BNP Paribas Extends SS&C Relationship for North Asia Operations
BNP Paribas North Asia has gone live on SS&C’s TradeThru, a trade processing solution for commercial banks, central banks and corporate treasuries, for enhanced flexible reporting and operational efficiency gains.
BNP Paribas, a SS&C client since 1989, uses TradeThru to process BNP Paribas’ securities, money markets, foreign exchange (FX) and derivatives asset classes. The North Asia implementation, servicing Manila, Seoul, Taipei, Shanghai and Beijing, follows Mumbai and Geneva as the third BNP Paribas implementation to migrate to TradeThru. Following the go live date, approximately 170 BNP Paribas professionals use TradeThru in five North Asia offices.
“We are now moving towards our goal of operational excellence, and our latest investment in TradeThru for our North Asia operations is another step in sustaining our long-term relationship with SS&C,” said Nicolas Hazebrouck, head of IT asset liability management and local FX back office, BNP Paribas. “TradeThru is helping us introduce more consistency and efficiency around our trading operations and client service.”