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SGSS wins new assets servicing mandate for Ilmarinen

Société Générale Securities Services (SGSS) has been mandated by Ilmarinen Mutual Pension Insurance Company, one of the leading players in the Scandinavian pensions market, to provide middle-office*, collateral management and independent pricing services.

Société Générale Securities Services (SGSS) has been mandated by Ilmarinen Mutual Pension Insurance Company, one of the leading players in the Scandinavian pensions market, to provide middle-office*, collateral management and independent pricing services.

SGSS services were selected based on the specific expertise of its teams on OTC and other complex instruments and, more particularly, for its strong financial engineering capacity to independently price complex products and its collateral management capabilities.

Other differentiating factors were the flexibility of SGSS' IT platform, combined with the breadth of the product offering and its capacity to take Ilmarinen on-board quickly.

SGSS started servicing this new mandate in October 2009.

* including trade processing, reconciliation and reporting