SGSS has won its 1st French client for its CrossWise offer launched in April


UBS La Maison de Gestion, a subsidiary of UBS in France, has chosen, for its collective management, the entire CrossWise offer launched by Societe Generale Securities Services (SGSS) on 24 April, 2018.

UBS La Maison de Gestion has entrusted SGSS with all the modules offered by CrossWise in order to benefit from the reliable and efficient management of investment operations across the entire operational value chain covering all asset classes.

“CrossWise is a single turnkey solution that incorporates proven trading and front, middle and back-office management services in an integrated manner”, explains Marc Lévy, UBS La Maison de Gestion’s Chairman. “This enables us to focus on our main sources of added value that are management and development”.

Upstream, SGSS undertook the migration of 51 funds on this new platform, with daily and weekly valuations, invested in a broad spectrum of financial instruments (shares, bonds, ETD, ETF, UCITS*, Forex), whilst respecting UBS La Maison de Gestion’s external multi custodian bank model. Other instruments (such as CDS) will be incorporated within the solution in the future.

With its modular architecture, CrossWise allows asset managers to outsource as many services as required in order to focus their efforts on their core business: CrossWise incorporates all of SGSS’ front-to-back proficiency and all its expertise in the field of trading and securities services, enabling its clients to optimise their operating model and meet all regulatory requirements, notably audit trails and best execution.

* ETD: Exchange-Traded Derivatives
ETF: Exchange-Traded Funds,
UCITS: Undertakings for Collective Investment in Transferable Securities
CDS: Credit Default Swap

About UBS La Maison de Gestion

Launched in 2017, UBS La Maison de Gestion was born of the coming together in France of prestigious families of investors, La Maison, and the leading global wealth management company, UBS. UBS La Maison de Gestion’s goal is to create a unique wealth management model that is best suited to all the specific expectations of its clients whilst benefitting from the clout of a major banking group.
UBS La Maison de Gestion SAS is a management company that is a joint subsidiary of UBS (France) S.A. and La Maison S.A. The team is headed by Marc Lévy, Chairman of UBS La Maison de Gestion. Jérôme Orbey, Deputy General Manager, is responsible for investment management and rolling out investment policies.

Societe Generale

Societe Generale is one of the leading European financial services groups. Based on a diversified and integrated banking model, the Group combines financial strength and proven expertise in innovation with a strategy of sustainable growth, aiming to be the trusted partner for its clients, committed to the positive transformations of society and the economy.
Active in the real economy for over 150 years, with a solid position in Europe and connected to the rest of the world, Societe Generale has over 147,000 members of staff in 67 countries and supports on a daily basis 31 million individual clients, businesses and institutional investors around the world by offering a wide range of advisory services and tailored financial solutions. The Group is built on three complementary core businesses:

  • French Retail Banking, which encompasses the Societe Generale, Crédit du Nord and Boursorama brands. Each offers a full range of financial services with omni-channel products at the cutting edge of digital innovation;
  • International Retail Banking, Insurance and Financial Services to Corporates, with networks in Africa, Russia, Central and Eastern Europe and specialised businesses that are leaders in their markets;
  • Global Banking and Investor Solutions, which offers recognised expertise, key international locations and integrated solutions.

Societe Generale is included in the principal socially responsible investment indices: DJSI (World and Europe), FTSE4Good (Global and Europe), Euronext Vigeo (World, Europe and Eurozone), four of the STOXX ESG Leaders indices, and the MSCI Low Carbon Leaders Index.
For more information, you can follow us on twitter @societegenerale or visit our website

Societe Generale Securities Services (SGSS)

Present in 27 locations worldwide with 4,000 employees, SGSS provides financial institutions and brokers, asset managers and insurers, and businesses with a full range of securities services adapted to the latest financial market and regulatory trends: clearing services, custody and trustee services, retail custody services, liquidity management, fund administration and asset servicing, fund distribution and global issuer services. SGSS is among the top 10 global custodians and the 2nd largest European custodian, with EUR 4,013* billion of assets under custody. SGSS provides custody & trustee services for 3,571* funds and the valuation of 4,118* funds, representing assets under administration of EUR 646* billion. SGSS also ranks among the European leaders in stock option management. 
For more information, you can follow us on twitter @SG_SS or visit our website

*Figures at end of March 2018

Jean-François Marchand SGSS International Country Supervision, Africa & India Societe Generale Securities Services