Humanis Gestion d’Actifs, the asset management arm of Humanis Group, has added Solvency II data management and look-through reporting services to the responsibilities of BNP Paribas Securities Services. The bank says this new mandate strengthens the relationship between it and Humanis, which began more than a decade ago.
Gilles de Margerie, Humanis deputy CEO, said: “We were looking for a solution that would enable us to meet Solvency II’s requirements for Humanis Group effectively. We selected BNP Paribas Securities Services, which is also our sole custodian, for its in-depth expertise in helping financial institutions adapt to the directive.”
Franck Dubois, head of BNP Paribas Securities Services France, commented: “We are delighted to have been selected by Humanis Group for our Solvency II services. This represents the extension of a long-standing partnership. Our risk analysis and performance teams have developed a strong expertise in data management, which helps ensure the data we compile for our clients meet the quality and traceability required by the directive.”