BNP Paribas Securities Services now will offer transition management services through an arrangement with BNY ConvergEx Group, a BNP Paribas spokeswoman confirmed.
BNP Paribas did not offer transition management services previously.
“Our worldwide, dedicated transition management staff will offer a good match given BNP Paribas's global presence,” Kal Bassily, head of global transition management at ConvergEx said in a news release. “ConvergEx's full range of technological trading capabilities and access to substantial liquidity allow our seasoned professionals to execute and manage risk effectively for clients.”