BNP Paribas Securities Services has launched Securities Inventory Management, designed to automate the transfer of securities between different markets. Securities Inventory Management makes use of active forecast and position management technologies to ensure that the securities purchased by BNP Paribas Securities Services’ asset manager and asset owner clients are automatically moved at the end of every day to their domestic market, where they can benefit from advanced custody services such as liquidity and collateral optimization.
Safekeeping securities in the markets in which they were issued helps clients reduce the number
of intermediaries in their custody chain, avoiding loss of information on events relating to their
assets and optimising operations. The service also enables the automatic transfer of securities to the required settlement market in case of a sale, reducing non-automated processes and associated risks such as settlement delays. It is now live in France, Germany and Italy for BNP Paribas Securities Services’ clients, and will be available globally in the coming weeks.