SGSS named 'Provider of the Year for France' by ICFA

SGSS named 'Provider of the Year for France' by ICFA

Societe Generale Securities Services (SGSS) has been named 'Securities Services Provider of the Year for France' in the ICFA* European Custody and Fund Administration Awards 2010.

This award recognises SGSS' achievements in winning over 200 client mandates worldwide over the last year, including some important ones in France, and in implementing a number of significant and innovative projects.

Innovative projects over the last year include an automated tool that allows clients to respond to voluntary corporate actions via the internet and to vote and participate in the annual and extraordinary general meetings of listed entities. SGSS has also developed an institutional accounting module and rolled out a Solvency II reporting kit for institutional investors. Most recently, SGSS launched a new services offering for asset managers, which takes charge on their behalf of the regulatory measures involved in replacing the Simplified Prospectus for UCITS by the Key Investor Information (KII) document.

SGSS provides local and global custody, settlement, trustee services, liability services,
transfer agency services and legal representation services on Euroclear France for foreign asset managers.

*International Custody & Fund Administration is a leading magazine covering the international securities industry. It is published bi monthly.

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