The Borletti Group selects I-DEAL to outsource trade order routing and execution

With Societe Generale Securities Services’ (SGSS) external dealing desk, the Borletti Group plans on rationalising and optimising its trade activities and associated reporting processes.

In an increasingly competitive and complex environment, asset and wealth managers need to adapt and make strategic decisions regarding their internal organisation and how they should manage trade execution.

With I-DEAL, the Borletti Group’s asset management activities will benefit throughout the entire trading value chain from order placement, routing and execution, to dedicated reporting services (operational, regulatory, client …) and market middle office services. These activities are carried out in strict compliance with the regulatory requirements in effect, notably best execution applicable under the MiFID II directive, and help reduce operational risk with straight-through-processing.

Outsourcing the trade order execution process enables the Borletti Group to concentrate on diversifying its investment strategies and launching new funds.

“The group Societe Generale is among our strategic partners for asset management. The Bank has understood that groups like ours need a modular and transversal offering,” confirms Matteo Novelli, Managing Director of the Borletti Group. “Thanks to the I-DEAL platform, we have been able to modify our set up without impacting our organisation in order to move towards a more institutional offering with multi-manager funds.”

“Our clients, regardless of size, no longer need to adapt their organisations and resources to meet challenges that are not core to their business activities,” comments Léonard Ollier, Head of business development, Integrated Dealing services at SGSS. “I-DEAL helps meet the triple-need of maintaining ties with the market, monitoring and improving trade execution and ensuring optimal management of investment strategies.”