BNP Paribas Securities Services Revamps Liquidity Management Solution
Custodian BNP Paribas Securities Services has launched ‘Liquidity Access’, described as a comprehensive solution designed to help banks and broker dealers manage and monitor their liquid assets.
The launch comes as regulations, such as Basel III and Dodd Frank, require market participants to hold more liquid assets, closely monitor their liquidity ratios and anticipate the evolution of their liquidity positions.
Liquidity Access is based around three pillars:
“We are seeing huge demand from our clients to help them rethink the way they manage and monitor their liquid assets,” said Florence Bonnevay, head of market and financing services at BNP Paribas Securities Services. “The market is changing and so are we.”