Societe Generale Securities Services Fortifies Broker-Dealer Solutions Suite
- In a bid to target institutional brokers, banks, and broker-dealers, Societe Generale Securities Services (SGSS) has launched a new Global Broker-Dealer Services (BDS) outsourcing solution.
In a bid to target institutional brokers, banks and broker-dealers, Societe Generale Securities Services (SGSS) has launched a new Global Broker-Dealer Services (BDS) outsourcing solution.
SGSS is making a concerted effort to target specific channels of the industry, namely with its globally integrated services suite – including comprehensive middle-office services, back-office processing and post-trading services.
Moreover, the composition of the newly launched solution encompasses a variety of utility functions, including Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term, Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term support, middle and back-office processes, as well as core securities processing and asset servicing.
According to Jason Nabi, Head of Financial Institutions & Brokers for the UK at Societe Generale Securities Services, in a recent statement on the launch, “Mid-tier sell-side firms face a growing challenge to maintain and sustain their business. By outsourcing their full post-trade processes, clients become much more agile in terms of costs and set-up and can thus focus on growth and end-clients’ increasing needs.”
Indeed, SGSS’ partnership with service affiliate back-office provider Accenture Post-Trade Processing (APTP) will help contribute and streamline the group’s scale and efficiency.
In a bid to target institutional brokers, banks and broker-dealers, Societe Generale Securities Services (SGSS) has launched a new Global Broker-Dealer Services (BDS) outsourcing solution.
SGSS is making a concerted effort to target specific channels of the industry, namely with its globally integrated services suite – including comprehensive middle-office services, back-office processing and post-trading services.
Moreover, the composition of the newly launched solution encompasses a variety of utility functions, including Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term, Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term support, middle and back-office processes, as well as core securities processing and asset servicing.
According to Jason Nabi, Head of Financial Institutions & Brokers for the UK at Societe Generale Securities Services, in a recent statement on the launch, “Mid-tier sell-side firms face a growing challenge to maintain and sustain their business. By outsourcing their full post-trade processes, clients become much more agile in terms of costs and set-up and can thus focus on growth and end-clients’ increasing needs.”
Indeed, SGSS’ partnership with service affiliate back-office provider Accenture Post-Trade Processing (APTP) will help contribute and streamline the group’s scale and efficiency.