Société Générale Securities Services (SGSS) has launched two outsourcing solutions aimed at broker-dealers and investment managers.
Its new wealth and investment management outsourced solution is aimed at mid-tier buy-side firms in the UK, spanning the complete post-trade value chain.
SGSS said its target firms are facing significant extra costs that are ongoing due to the constantly evolving nature of regulatory change seen in the market today.
Its outsourced solution takes a modular approach, offering a variety of services clients can pick to suit their needs, including execution services and liquidity support, portfolio processing, record keeping, clearing and settlement and more.
SGSS has also sought to capture the need for outsourcing in the broker-dealer market, with a solution aimed at global sell-side firms.
The service focused on the middle and back office and post-trade. It includes execution and liquidity support, core securities processing and asset servicing functions.
“Mid-tier sell-side firms face a growing challenge to maintain and sustain their business,” said Jason Nabi, head of financial institutions & brokers for the UK at Societe Generale Securities Services. “By outsourcing their full post-trade processes, clients become much more agile in terms of costs and set-up and can thus focus on growth and end-clients’ increasing needs.