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SGSS in Italy mandated by Fontemp

SGSS in Italy (SGSS S.p.A.) has been appointed by Fontemp to provide it with depositary bank services.

Societe Generale Securities Services in Italy (SGSS S.p.A.) has been appointed by Fontemp to provide it with depositary bank services.  

SGSS was retained by Fontemp for its recognised expertise in this activity, in particular its rapid and efficient level of operational execution and its capacity to provide clients with solutions which will evolve to meet their developing needs.

SGSS in Italy offers a complete range of securities services including clearing, custody and trustee services, fund administration, liquidity management and transfer agent services. It gained 'Top Rating' in Global Custodian magazine's 2011 'Agent Banks in Major Markets' annual survey, the only specialised bank in Italy to gain the top rating in all three categories of the survey.

Fontemp is the contractual pension fund for Italian temporary workers employed by temporary work agencies with fixed and unlimited contracts, whose function is to deliver complementary pension payments in addition to the compulsory welfare system.