!css
30/06/2011

Societe Generale Securities Services globalises its transfer agency solution

SGSS globalises its transfer agency solution

Societe Generale Securities Services (SGSS) now provides clients with a single platform Transfer Agency solution for investment funds domiciled in Luxembourg or Ireland.

This single platform is the latest phase in the development of SGSS' global Fund Distribution Services offering, providing asset managers with a simpler reporting and follow up with funds domiciled both in Luxembourg and Ireland, where domiciled UCITS funds amount to EUR 2 640 billion and accounted for over 43% of the European UCITS industry total net assets (source EFAMA, 31/12/2010). The platform combines the traditional UCITS strength of the Luxembourg platform with SGSS' hedge fund specialization in Ireland, providing a powerful service platform for a broad spectrum of funds from alternative funds and alternative UCITS to traditional UCITS products.

The fund distribution services of SGSS include recordkeeping of funds, handling of subscriptions/ redemptions, trailer fees calculation and payment to distributors and support to asset managers in their distribution of funds (paying and representative agent function).

This new single platform will also enable Irish-registered funds to be linked to the NSCC (The National Securities Clearing Corporation) distribution platform in the US or to be serviced by SGSS' local Asian office accessing the same technology. SGSS will thus be able to serve asset managers in their distribution of Irish domiciled funds either in Asia, through its Hong Office linked to the Irish platform, or in their distribution to American investors, thanks to its connectivity with NSCC platform. This technology will also simplify the process for UCITS IV initiatives such as cross-border mergers and master-feeder structures. 

By upgrading its level of services, SGSS will be in a position to accompany its clients by providing a combined reporting across domiciles while helping standardize the investor experience, in particular with regard to the merger of funds or master feeder structures.

feb
2017
Quarterly Financial Information
2016: HEALTHY GROWTH IN GROUP NET INCOME
gen
2017
SGSS in Italia lancia Synapse, un nuovo servizio a supporto della distribuzione fondi
Société Générale Securities Services in Italia (SGSS S.p.A.) lancia SYNAPSE, un nuovo servizio a supporto della...
gen
2017
SGSS rafforza il proprio team Coverage, Marketing & Solutions
SGSS ha nominato Matthew Davey come Managing Director e Head of Business Solutions per rafforzare la propria offerta di...
Appointments
SGSS ha nominato Matthew Davey come Managing Director e Head of Business Solutions per rafforzare la propria offerta di servizi dedicata a Investitori Istituzionali, Asset Manager, Intermediari Finanziari ed Imprese.
it/area-stampa-agenda/news/comunicati-stampa/news/sgss-strengthens-its-coverage-marketing-and-solutions-team/
dic
2016
Altana Wealth Limited selects SGSS in Ireland for its UCITS fund structure
Altana Wealth Limited in the United Kingdom has appointed Societe Generale Securities Services (SGSS) in Ireland to...
nov
2016
Vatel Capital appoints SGSS to provide custody, depositary bank and valuation services
Introduced by the Finance Law in 2007, FIP Corse is a local investment fund of which 70% of its assets are invested in...
SGSS
Introduced by the Finance Law in 2007, FIP Corse is a local investment fund of which 70% of its assets are invested in small and medium-size enterprises on the French island of Corsica. The purpose of FIP Kallisté Capital n°9 is to invest in Corsican SMEs whose main activities are in the tourism, renewable energy, health and dependency, agro-food or business...
it/area-stampa-agenda/news/comunicati-stampa/news/vatel-capital-retient-sgss-pour-fournir-des-services-conservation-banque-depositaire-valorisation/
nov
2016
SFIL appoints SGSS for global custody services
SFIL, the leading French local public sector and export financing agency, and CAFFIL, a French specialized credit...
SGSS
SFIL, the leading French local public sector and export financing agency, and CAFFIL, a French specialized credit institution (société de crédit foncier), have mandated Societe Generale Securities Services (SGSS) to provide global custody services for their public sector assets in Europe. This extends an existing mandate for valuation services with SFIL in...
it/area-stampa-agenda/news/comunicati-stampa/news/sfil-appoints-sgss-for-global-custody-services/
nov
2016
Eurotunnel retains SGSS for its issuer services
Eurotunnel has appointed Societe Generale Securities Services (SGSS) to provide shareholder services which include share...
SGSS
Eurotunnel has appointed Societe Generale Securities Services (SGSS) to provide shareholder services which include share registry services, centralised financial services and shareholder meeting services for its 27,000 registered shareholders in France and the United Kingdom.
it/area-stampa-agenda/news/comunicati-stampa/news/eurotunnel-retains-sgss-for-its-issuer-services/
nov
2016
Quarterly Financial Information
Q3 16: Sound Commercial And Financial Performance
ott
2016
Societe Generale Securities Services strengthens its teams in India and Poland
Societe Generale Securities Services (SGSS) announces the following appointments: David Jaegly has been appointed...