The EY Global Fund Distribution offering will give BNP access to a broad range of information on markets where it is not currently present, enabling the French provider to make decisions on its distribution strategy.
“We want to help our clients determine which product to distribute, in which jurisdiction, to which category of investors, and through which distribution channels,” said Jean Devambez, head of asset and fund solutions at BNP Paribas Securities Services.
“This partnership will help us do that, giving our clients access to a wealth of information at the click of a button.”
Launched in June last year, the EY tool covers all key distribution markets in Europe, Asia, Latin America, Africa and the Middle East.
As well as the cross-border distribution of funds, the offering is designed to help asset managers register UCITS, alternative investment funds and other collective investment schemes.
The tool will be available to BNP Paribas Securities Services clients on a global basis from 1 July.
